Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
- Imports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $486 per ton in 2022, jumping by 51% against the previous year. In general, the export price, however, recorded a abrupt decrease. The export price peaked at $1,734 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($1,680 per ton), while the average price for exports to the United States ($266 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+133.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $634 per ton, waning by -23.8% against the previous year. In general, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.1%. Over the period under review, average import prices hit record highs at $1,762 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,740 per ton), while the price for the United States ($501 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
In 2022, the amount of cereals; grain sorghum, other than seeds exported from the Dominican Republic soared to 44 tons, increasing by 226% on the year before. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; grain sorghum, other than seeds soared to $21K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United States | 1.6 | 9.4 | 487.5% | ||
Haiti | N/A | 6.3 | 0% | ||
Venezuela | N/A | 4.5 | 0% | ||
Aruba | N/A | 1.0 | 0% | ||
France | 1.6 | N/A | 0% | ||
Others | 1.1 | N/A | 0% | ||
Total | 4.3 | 21.2 | 393.0% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from the Dominican Republic in 2022:
- United States (35.3 tons)
- Haiti (4.9 tons)
- Venezuela (2.7 tons)
- Aruba (0.7 tons)
Imports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -38.2% to 2.2 tons. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 138% against the previous year.
In value terms, imports of cereals; grain sorghum, other than seeds declined sharply to $1.4K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 110%.
Import of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 245 | 356 | 5.0 | 1,018 | 60.8% |
Netherlands | 45.0 | 90.0 | 12.0 | 200 | 64.4% |
Italy | 108 | 332 | 71.0 | 141 | 9.3% |
Spain | 307 | 701 | 217 | 58.0 | -42.6% |
Nicaragua | N/A | N/A | 2,703 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 705 | 1,479 | 3,008 | 1,417 | 26.2% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to the Dominican Republic in 2022:
- United States (2033.0 kg)
- Italy (100.0 kg)
- Netherlands (73.0 kg)
- Spain (29.0 kg)
This report provides an in-depth analysis of the sorghum market in the Dominican Republic.
This report provides an in-depth analysis of the cereal market in the Dominican Republic.
This report provides an in-depth analysis of the grain market in the Dominican Republic.
This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in the Dominican Republic.
This report provides an in-depth analysis of the global sorghum market.
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.
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.
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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.
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.
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.
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.
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.