Price for Cereals; Grain Sorghum, Other than Seed in Morocco - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Morocco (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Morocco (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Morocco
- Exports of Cereals; Grain Sorghum, Other than Seed in Morocco
Price for Cereals; Grain Sorghum, Other than Seed in Morocco (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $418 per ton in 2022, rising by 28% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From 2017 to 2022, the rate of growth in terms of prices for India amounted to +40.2% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Morocco (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $1,897 per ton, growing by 44% against the previous year. In general, the export price posted a strong expansion. Over the period under review, the average export prices attained the peak figure at $2,171 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2015 to 2022, the rate of growth in terms of prices for France amounted to +19.2% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Morocco
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Morocco skyrocketed to 363 tons, increasing by 23% against the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 782%. As a result, imports attained the peak of 1.3K 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 surged to $152K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 533% against the previous year. As a result, imports attained the peak of $371K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereals; Grain Sorghum, Other than Seed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 13.6 | 292 | 96.5 | 152 | 123.6% |
| Bulgaria | N/A | 34.2 | N/A | N/A | 0% |
| Spain | 11.7 | 19.3 | N/A | N/A | 65.0% |
| Moldova | N/A | 22.8 | N/A | N/A | 0% |
| India | 30.5 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 2.3 | N/A | N/A | -17.9% |
| Total | 58.6 | 371 | 96.5 | 152 | 37.4% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Morocco in 2022:
- Ukraine (363.0 tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Morocco
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; grain sorghum, other than seeds, when their volume decreased by -77.7% to 3.5 tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 802% against the previous year.
In value terms, exports of cereals; grain sorghum, other than seeds shrank markedly to $6.6K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 814%.
| Export of Cereals; Grain Sorghum, Other than Seed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.6 | 6.5 | 8.9 | 6.6 | 122.4% |
| Spain | N/A | 1.3 | 10.4 | N/A | 700.0% |
| Canada | 0.3 | 0.3 | 1.4 | N/A | 116.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 8.1 | 20.6 | 6.6 | 94.3% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Morocco in 2022:
- France (3.5 tons)
464
This report provides an in-depth analysis of the sorghum market in Morocco.
532
This report provides an in-depth analysis of the cereal market in Morocco.
326
This report provides an in-depth analysis of the grain market in Morocco.
4017
This report provides an in-depth analysis of the global sorghum market.
3687
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.
464
This report provides an in-depth analysis of the sorghum market in Morocco.
4017
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.
1318
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.
3798
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2789
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3149
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.
1318
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.
