Price for Cereals; Grain Sorghum, Seed in Austria - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Austria (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Austria (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Austria
- Exports of Cereals; Grain Sorghum, Seed in Austria
Price for Cereals; Grain Sorghum, Seed in Austria (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $4,294 per ton in 2022, which is down by -7.2% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; grain sorghum, seed import price increased by +3.8% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 98% against the previous year. The import price peaked at $4,628 per ton in 2021, and then dropped in the following year.
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 Italy ($5,059 per ton), while the price for Slovakia ($2,131 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Austria (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $1,933 per ton, reducing by -61.6% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 55%. The export price peaked at $8,613 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($7,213 per ton), while the average price for exports to Russia ($1,171 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Austria
In 2022, the amount of cereals; grain sorghum, seeds imported into Austria expanded modestly to 165 tons, growing by 1.7% against 2021. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cereals; grain sorghum, seed imports fell to $707K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $749K, and then declined in the following year.
| Import of Cereals; Grain Sorghum, Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 417 | 276 | 501 | 495 | 5.9% |
| Hungary | 26.8 | 108 | 159 | 166 | 83.7% |
| Germany | 1.6 | 27.5 | 3.2 | 29.1 | 163.0% |
| Slovakia | N/A | N/A | N/A | 17.1 | 0% |
| Italy | 11.5 | 36.9 | 86.7 | 0.2 | -74.1% |
| United States | 98.4 | N/A | 0.1 | N/A | -96.8% |
| Others | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Total | 555 | 449 | 749 | 707 | 8.4% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Austria in 2022:
- Italy (undefined tons)
- France (100.6 tons)
- Hungary (48.1 tons)
- Slovakia (8.0 tons)
- Germany (7.9 tons)
Exports of Cereals; Grain Sorghum, Seed in Austria
Cereals; grain sorghum, seed exports from Austria soared to 170 tons in 2022, increasing by 467% against the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,284% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, cereals; grain sorghum, seed exports soared to $328K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 710% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.2 | N/A | 0.3 | 169 | 845.4% |
| France | 8.7 | 0.8 | 54.5 | 77.6 | 107.4% |
| Germany | 13.5 | N/A | 55.4 | 28.9 | 28.9% |
| Hungary | N/A | N/A | 27.0 | 21.5 | -20.4% |
| Others | 18.2 | 17.8 | 13.8 | 31.0 | 19.4% |
| Total | 40.7 | 18.7 | 151 | 328 | 100.5% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Austria in 2022:
- Russia (144.6 tons)
- France (12.5 tons)
- Germany (9.3 tons)
- Hungary (3.0 tons)
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