Price for Cereals; Grain Sorghum, Other than Seed in Malaysia - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Malaysia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Malaysia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Malaysia
- Imports of Cereals; Grain Sorghum, Other than Seed in Malaysia
Price for Cereals; Grain Sorghum, Other than Seed in Malaysia (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $1,201 per ton in 2022, shrinking by -41.7% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 77%. As a result, the export price reached the peak level of $4,033 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to -7.1% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Malaysia (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $1,111 per ton in 2022, jumping by 64% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 145% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +24.6% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Malaysia
In 2022, the amount of cereals; grain sorghum, other than seeds exported from Malaysia skyrocketed to 108 tons, rising by 366% against the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 18,169%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $130K in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 11,686% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 130 | 0% |
| Brunei Darussalam | 0.4 | 15.7 | 47.6 | N/A | 990.9% |
| Pakistan | N/A | 29.3 | N/A | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 0.4 | 45.3 | 47.7 | 130 | 587.5% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Malaysia in 2022:
- Japan (108.0 tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Malaysia
In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -99.3% to 5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 77%. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereals; grain sorghum, other than seeds reduced dramatically to $5.6K in 2022. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.
| Import of Cereals; Grain Sorghum, Other than Seed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 6.6 | 23.1 | 5.6 | -29.7% |
| United States | 234 | 120 | 391 | N/A | 29.3% |
| India | 40.7 | 59.6 | 49.0 | N/A | 9.7% |
| United Arab Emirates | N/A | 247 | N/A | N/A | 0% |
| Australia | 13.1 | 12.2 | 20.0 | N/A | 23.6% |
| Ukraine | N/A | 22.0 | N/A | N/A | 0% |
| Canada | 36.2 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 2.0 | 1.5 | N/A | 46.4% |
| Total | 340 | 470 | 484 | 5.6 | -74.6% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Malaysia in 2022:
- China (5.0 tons)
1419
This report provides an in-depth analysis of the sorghum market in Malaysia.
593
This report provides an in-depth analysis of the cereal market in Malaysia.
779
This report provides an in-depth analysis of the grain market in Malaysia.
4012
This report provides an in-depth analysis of the global sorghum market.
3679
This report provides an in-depth analysis of the global cereal market.
3968
This report provides an in-depth analysis of the global grain market.
1419
This report provides an in-depth analysis of the sorghum market in Malaysia.
4012
This report provides an in-depth analysis of the global sorghum market.
281
Explore the top import destinations for sorghum and their key statistics. China, Japan, Mexico, Spain, Kenya, Sudan, Italy, South Sudan, Botswana, and New Zealand are among the leading importers. Find out more on IndexBox platform.
1316
In 2021, global sorghum production will grow by 5%, boosted by growing supplies to China. Sorghum imports to the country are expected to rise by 28% compared to the previous year, driven by the increasing demand for animal feed. Prices will continue to rise in line with other cereals, following accelerated food inflation. The advantage of sorghum as a more drought-tolerant crop will allow this product to compete seriously with corn and will further stimulate market expansion.
3796
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2787
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3145
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1319
Baijiu (pronounced "bye-joe") is a Chinese fermented sorghum spirit that is often mixed with glutinous rice, millet, wheat, or corn. A staple alcoholic beverage in China, baijiu liquor will soon be splashing into the U.S. market.
427
Explore the top import markets for cereal around the world, including China, Japan, Mexico, Spain, Egypt, South Korea, Italy, Turkey, Algeria, and Indonesia. Discover key statistics and market insights from the IndexBox platform.
271
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
281
Explore the top import destinations for sorghum and their key statistics. China, Japan, Mexico, Spain, Kenya, Sudan, Italy, South Sudan, Botswana, and New Zealand are among the leading importers. Find out more on IndexBox platform.
1316
In 2021, global sorghum production will grow by 5%, boosted by growing supplies to China. Sorghum imports to the country are expected to rise by 28% compared to the previous year, driven by the increasing demand for animal feed. Prices will continue to rise in line with other cereals, following accelerated food inflation. The advantage of sorghum as a more drought-tolerant crop will allow this product to compete seriously with corn and will further stimulate market expansion.
