Price for Cereals; Grain Sorghum, Seed in Ethiopia - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Ethiopia (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Ethiopia (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Ethiopia
- Exports of Cereals; Grain Sorghum, Seed in Ethiopia
Price for Cereals; Grain Sorghum, Seed in Ethiopia (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $634 per ton, almost unchanged from the previous year. In general, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($653 per ton), while the price for Lebanon stood at $61 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%).
Price for Cereals; Grain Sorghum, Seed in Ethiopia (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $929 per ton, approximately mirroring the previous year. Overall, the export price posted a buoyant increase. The growth pace was the most rapid in 2015 when the average export price increased by 4.4%. The export price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2014 to 2022, the rate of growth in terms of prices for Djibouti amounted to -4.2% per year.
Imports of Cereals; Grain Sorghum, Seed in Ethiopia
In 2022, overseas purchases of cereals; grain sorghum, seeds decreased by 0% to 1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a dramatic shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, cereals; grain sorghum, seed imports stood at $648 in 2022. Overall, imports faced a sharp contraction. The smallest decline of 99.9% was in 2020.
| Import of Cereals; Grain Sorghum, Seed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | N/A | N/A | 0.6 | -15.7% |
| Lebanon | N/A | N/A | N/A | N/A | 0% |
| Sudan | 465 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 466 | N/A | N/A | 0.6 | -89.1% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Ethiopia in 2022:
- United States (989.0 kg)
- Lebanon (33.0 kg)
Exports of Cereals; Grain Sorghum, Seed in Ethiopia
In 2022, cereals; grain sorghum, seed exports from Ethiopia reduced markedly to 1.6 tons, waning by -20% on the previous year. Over the period under review, exports showed a dramatic slump.
In value terms, cereals; grain sorghum, seed exports declined rapidly to $1.4K in 2022. In general, exports continue to indicate a dramatic shrinkage.
| Export of Cereals; Grain Sorghum, Seed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Canada | N/A | 1.4 | 0% | ||
| Others | 1.8 | N/A | 0% | ||
| Total | 1.8 | 1.4 | -22.2% | ||
Top Export Markets for Cereals; Grain Sorghum, Seed from Ethiopia in 2022:
- Canada (1.6 tons)
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