Price for Cereals; Grain Sorghum, Seed in Finland - 2021
Contents:
- Price for Cereals; Grain Sorghum, Seed in Finland (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Finland
Price for Cereals; Grain Sorghum, Seed in Finland (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $1,189 per ton in 2022, which is down by -8.5% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 111% against the previous year. The import price peaked at $3,193 per ton in 2012; however, from 2013 to 2022, 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 Italy ($1,650 per ton), while the price for the Netherlands ($256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-6.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Grain Sorghum, Seed in Finland
In 2022, purchases abroad of cereals; grain sorghum, seeds increased by 72% to 628 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a significant curtailment.
In value terms, cereals; grain sorghum, seed imports skyrocketed to $747 in 2022. Overall, imports, however, saw a dramatic setback.
Import of Cereals; Grain Sorghum, Seed in Finland (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 345 | 0% |
Germany | 796 | 1,018 | N/A | 258 | -31.3% |
United Kingdom | 2,088 | N/A | N/A | 139 | -59.5% |
Netherlands | 2.0 | N/A | N/A | 4.0 | 26.0% |
South Africa | N/A | N/A | 476 | N/A | 0% |
Others | N/A | N/A | N/A | 1.0 | 0% |
Total | 2,886 | 1,018 | 476 | 747 | -36.3% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Finland in 2022:
- Germany (220.0 kg)
- Italy (209.0 kg)
- United Kingdom (182.0 kg)
- Netherlands (17.0 kg)
This report provides an in-depth analysis of the sorghum market in Finland.
This report provides an in-depth analysis of the cereal market in Finland.
This report provides an in-depth analysis of the grain market in Finland.
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 Finland.
This report provides an in-depth analysis of the global sorghum market.
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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.