Price for Cereals; Grain Sorghum, Other than Seed in Romania - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Romania (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Romania (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Romania
- Imports of Cereals; Grain Sorghum, Other than Seed in Romania
Price for Cereals; Grain Sorghum, Other than Seed in Romania (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $303 per ton in 2022, jumping by 27% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereals; grain sorghum, other than seeds increased by +98.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($306 per ton) and Germany ($304 per ton), while the average price for exports to Hungary ($231 per ton) and Poland ($251 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Other than Seed in Romania (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $289 per ton, shrinking by -45.3% against the previous year. In general, the import price saw a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 437%. Over the period under review, average import prices attained the maximum at $1,942 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($282 per ton), while the price for Ukraine amounted to $272 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Grain Sorghum, Other than Seed in Romania
In 2022, overseas shipments of cereals; grain sorghum, other than seeds increased by 84% to 5.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic descent.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $1.8M in 2022. Overall, exports, however, showed a perceptible reduction.
| Export of Cereals; Grain Sorghum, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,051 | 496 | 288 | 1,187 | 4.1% |
| Germany | 461 | 161 | 378 | 534 | 5.0% |
| Poland | 0.6 | 48.9 | 64.7 | 63.6 | 373.3% |
| Hungary | 93.4 | 40.3 | 32.2 | 5.9 | -60.2% |
| Austria | 25.7 | 213 | 1.9 | N/A | -72.8% |
| Turkey | 373 | N/A | N/A | N/A | 0% |
| Others | 17.2 | 10.0 | 0.1 | N/A | -92.4% |
| Total | 2,022 | 969 | 765 | 1,790 | -4.0% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Romania in 2022:
- Italy (3.9K tons)
- Germany (1.8K tons)
- Poland (0.3K tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Romania
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Romania skyrocketed to 1.6K tons, with an increase of 376% compared with the previous year. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds soared to $460K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | 21.9 | 398 | 1717.4% |
| Hungary | 80.4 | 115 | 122 | 32.8 | -25.8% |
| Moldova | 41.0 | 3.9 | N/A | N/A | -90.5% |
| Others | 23.6 | 10.6 | 32.4 | 28.9 | 7.0% |
| Total | 145 | 130 | 176 | 460 | 46.9% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Romania in 2022:
- Ukraine (1463.3 tons)
- Hungary (116.4 tons)
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