Price for Cereals; Grain Sorghum, Other than Seed in Greece - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Greece (CIF) - 2023
  2. Price for Cereals; Grain Sorghum, Other than Seed in Greece (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Other than Seed in Greece
  4. Exports of Cereals; Grain Sorghum, Other than Seed in Greece

Price for Cereals; Grain Sorghum, Other than Seed in Greece (CIF) - 2023

In August 2023, the average import price for cereals; grain sorghum, other than seeds amounted to $2,886 per ton, growing by 104% against the previous month. In general, the import price showed prominent growth. The most prominent rate of growth was recorded in July 2023 an increase of 257% m-o-m. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,953 per ton), while the price for Bulgaria totaled $636 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in Greece (FOB) - 2022

The average export price for cereals; grain sorghum, other than seeds stood at $1,463 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. Over the period under review, the average export prices attained the maximum at $1,555 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -3.0% per year.

Imports of Cereals; Grain Sorghum, Other than Seed in Greece

In 2022, imports of cereals; grain sorghum, other than seeds into Greece reduced to 637 tons, waning by -12.2% against the previous year. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 229%. As a result, imports reached the peak of 726 tons, and then dropped in the following year.

In value terms, imports of cereals; grain sorghum, other than seeds reduced modestly to $253K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 268%. As a result, imports attained the peak of $261K, and then fell slightly in the following year.

Import of Cereals; Grain Sorghum, Other than Seed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine25.962.522512970.8%
MoldovaN/AN/AN/A86.10%
Bulgaria53.08.413.920.4-27.3%
Egypt26.3N/A12.717.0-13.5%
Others8.2N/A9.40.1-77.0%
Total11370.826125330.8%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Greece in 2022:

  1. Ukraine (357.1 tons)
  2. Moldova (220.0 tons)
  3. Bulgaria (34.7 tons)
  4. Egypt (25.3 tons)

Exports of Cereals; Grain Sorghum, Other than Seed in Greece

In 2022, after two years of growth, there was significant decline in shipments abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -43.9% to 6.2 tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 713% against the previous year. As a result, the exports reached the peak of 11 tons, and then declined dramatically in the following year.

In value terms, exports of cereals; grain sorghum, other than seeds contracted sharply to $9.1K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 659% against the previous year. As a result, the exports reached the peak of $16K, and then fell notably in the following year.

Export of Cereals; Grain Sorghum, Other than Seed in Greece (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands2.116.09.1108.2%
OthersN/AN/AN/A0%
Total2.116.09.1108.2%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Greece in 2022:

  1. Netherlands (6.2 tons)

Source: IndexBox Market Intelligence Platform

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