Price for Cereals; Grain Sorghum, Other than Seed in Norway - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Norway (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Norway
Price for Cereals; Grain Sorghum, Other than Seed in Norway (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $1,661 per ton, waning by -12.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $2,134 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,239 per ton), while the price for Ethiopia ($1,325 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Other than Seed in Norway
In 2022, overseas purchases of cereals; grain sorghum, other than seeds decreased by -8.7% to 2.2 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 2.4 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 remarkably to $3.6K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year.
| Import of Cereals; Grain Sorghum, Other than Seed in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 621 | 939 | 1,930 | 1,811 | 42.9% |
| United Kingdom | 293 | 518 | 1,125 | 1,329 | 65.5% |
| Germany | N/A | N/A | N/A | 347 | 0% |
| Ethiopia | 92.0 | 77.0 | 110 | 159 | 20.0% |
| Thailand | 505 | 1,790 | N/A | N/A | 254.5% |
| Sweden | 96.0 | 71.0 | 88.0 | N/A | -4.3% |
| Denmark | 617 | 156 | 377 | N/A | -21.8% |
| Netherlands | 707 | 629 | 938 | N/A | 15.2% |
| Others | 177 | N/A | 8.0 | N/A | -78.7% |
| Total | 3,108 | 4,180 | 4,576 | 3,646 | 5.5% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Norway in 2022:
- India (1120.0 kg)
- United Kingdom (800.0 kg)
- Germany (155.0 kg)
- Ethiopia (120.0 kg)
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