Price for Cereals; Grain Sorghum, Seed in Algeria - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Algeria (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Algeria
Price for Cereals; Grain Sorghum, Seed in Algeria (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $1,209 per ton in 2022, rising by 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. As a result, import price attained the peak level of $1,390 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the United States ($1,332 per ton), while the price for Spain amounted to $363 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.4%).
Imports of Cereals; Grain Sorghum, Seed in Algeria
After two years of decline, overseas purchases of cereals; grain sorghum, seeds increased by 106% to 390 tons in 2022. Over the period under review, imports, however, recorded a noticeable slump.
In value terms, cereals; grain sorghum, seed imports soared to $471K in 2022. Overall, imports saw a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Grain Sorghum, Seed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 410 | 301 | 158 | 453 | 3.4% |
| Spain | 5.0 | 6.1 | 8.0 | 9.0 | 21.6% |
| Others | 5.0 | 6.1 | 8.0 | 9.0 | 21.6% |
| Total | 420 | 313 | 174 | 471 | 3.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Algeria in 2022:
- United States (340.0 tons)
- Spain (24.8 tons)
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