Price for Cereals; Grain Sorghum, Other than Seed in Kuwait - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Kuwait (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Kuwait
Price for Cereals; Grain Sorghum, Other than Seed in Kuwait (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $350 per ton, with an increase of 21% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2,683 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2013 to 2022, the rate of growth in terms of prices for India amounted to -0.2% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Kuwait
In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -7.5% to 208 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 310 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cereals; grain sorghum, other than seeds expanded sharply to $73K in 2022. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of $106K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cereals; Grain Sorghum, Other than Seed in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 54.8 | 61.6 | 36.7 | 72.8 | 9.9% |
| Bulgaria | 2.4 | 15.5 | 3.3 | N/A | 17.3% |
| Ukraine | 28.5 | 24.8 | 21.4 | N/A | -13.3% |
| Others | 1.5 | 4.2 | 3.5 | N/A | 52.8% |
| Total | 87.3 | 106 | 65.0 | 72.8 | -5.9% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Kuwait in 2022:
- India (207.8 tons)
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