Price for Cereals; Grain Sorghum, Other than Seed in Pakistan - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Pakistan (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Pakistan (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Pakistan
- Exports of Cereals; Grain Sorghum, Other than Seed in Pakistan
Price for Cereals; Grain Sorghum, Other than Seed in Pakistan (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $214 per ton, dropping by -12.3% against the previous year. Overall, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of 38%. As a result, import price reached the peak level of $334 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($228 per ton), while the price for Iran amounted to $200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Grain Sorghum, Other than Seed in Pakistan (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $608 per ton, remaining stable against the previous year. In general, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2019 an increase of 193%. The export price peaked at $1,185 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Mozambique.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +309.6% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Pakistan
In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -10.2% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 578% against the previous year.
In value terms, imports of cereals; grain sorghum, other than seeds shrank sharply to $823K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 599%.
| Import of Cereals; Grain Sorghum, Other than Seed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 646 | 437 | -32.4% |
| Iran | N/A | 360 | 398 | 376 | 2.2% |
| Bulgaria | N/A | 63.2 | N/A | N/A | 0% |
| Egypt | 60.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.8 | 9.7 | 1112.5% |
| Total | 60.5 | 423 | 1,045 | 823 | 138.7% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Pakistan in 2022:
- Turkey (1.9K tons)
- Iran (1.9K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of cereals; grain sorghum, other than seeds, which decreased by 0% to 1.4 tons in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of -36.1% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cereals; grain sorghum, other than seeds totaled $854 in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 5.9%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Cereals; Grain Sorghum, Other than Seed in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 854 | 0% |
| Norway | 326 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 378 | N/A | N/A | 0% |
| Others | 31.0 | N/A | N/A | N/A | 0% |
| Total | 357 | 378 | N/A | 854 | 33.7% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Pakistan in 2022:
- Mozambique (1.4 tons)
1492
This report provides an in-depth analysis of the sorghum market in Pakistan.
787
This report provides an in-depth analysis of the cereal market in Pakistan.
753
This report provides an in-depth analysis of the grain market in Pakistan.
4135
This report provides an in-depth analysis of the global sorghum market.
3763
This report provides an in-depth analysis of the global cereal market.
4111
This report provides an in-depth analysis of the global grain market.
1492
This report provides an in-depth analysis of the sorghum market in Pakistan.
4135
This report provides an in-depth analysis of the global sorghum market.
303
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.
1365
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.
3846
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2807
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3187
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1336
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.
459
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.
300
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.
303
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.
1365
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.
