Price for Cereals; Grain Sorghum, Seed in France - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in France (FOB) - 2023
- Price for Cereals; Grain Sorghum, Seed in France (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in France
- Imports of Cereals; Grain Sorghum, Seed in France
Price for Cereals; Grain Sorghum, Seed in France (FOB) - 2023
In May 2023, the average cereals; grain sorghum, seed export price amounted to $1,082 per ton, falling by -54.1% against the previous month. Over the period under review, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 222% month-to-month. The export price peaked at $3,427 per ton in March 2023; however, from April 2023 to May 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Italy ($9,946 per ton), while the average price for exports to Belgium ($406 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in France (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $2,584 per ton, which is down by -2.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29%. As a result, import price reached the peak level of $2,900 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,758 per ton), while the price for the Netherlands ($620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Grain Sorghum, Seed in France
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; grain sorghum, seeds, when their volume decreased by -16.4% to 8.5K tons. The total export volume increased at an average annual rate of +6.1% 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 with an increase of 33% against the previous year. As a result, the exports reached the peak of 10K tons, and then reduced markedly in the following year.
In value terms, cereals; grain sorghum, seed exports contracted to $12M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of $14M, and then declined in the following year.
| Export of Cereals; Grain Sorghum, Seed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.8 | 2.6 | 5.3 | 4.5 | 17.1% |
| Hungary | 1.3 | 1.4 | 0.9 | 1.1 | -5.4% |
| Spain | 0.8 | 1.4 | 1.3 | 1.1 | 11.2% |
| Germany | 0.2 | 0.2 | 1.0 | 0.9 | 65.1% |
| Ukraine | 0.3 | 0.3 | 0.7 | 0.6 | 26.0% |
| Netherlands | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
| Belgium | 0.2 | 0.4 | 0.5 | 0.5 | 35.7% |
| United Kingdom | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 1.6 | 1.9 | 3.3 | 2.6 | 17.6% |
| Total | 7.5 | 8.5 | 13.7 | 11.8 | 16.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from France in 2022:
- Spain (3504.1 tons)
- Netherlands (1572.8 tons)
- Italy (1206.0 tons)
- Belgium (1118.1 tons)
- Hungary (223.7 tons)
- Germany (219.3 tons)
- United Kingdom (141.0 tons)
- Ukraine (98.1 tons)
Imports of Cereals; Grain Sorghum, Seed in France
After three years of growth, purchases abroad of cereals; grain sorghum, seeds decreased by -28.3% to 2.9K tons in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 140% against the previous year.
In value terms, cereals; grain sorghum, seed imports declined rapidly to $7.5M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 149%.
| Import of Cereals; Grain Sorghum, Seed in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,500 | 2,161 | 4,692 | 3,343 | 30.6% |
| Spain | 81.9 | 1,307 | 2,726 | 1,942 | 187.3% |
| Italy | 62.1 | 681 | 1,416 | 1,008 | 153.2% |
| Germany | 44.2 | 55.4 | 439 | 312 | 91.8% |
| Argentina | 37.0 | 143 | 373 | 266 | 93.0% |
| Netherlands | 22.1 | 34.8 | 28.8 | 20.3 | -2.8% |
| Others | 256 | 612 | 1,035 | 585 | 31.7% |
| Total | 2,003 | 4,995 | 10,709 | 7,476 | 55.1% |
Top Suppliers of Cereals; Grain Sorghum, Seed to France in 2022:
- United States (1274.1 tons)
- Spain (1033.4 tons)
- Italy (216.9 tons)
- Argentina (104.9 tons)
- Germany (54.3 tons)
- Netherlands (32.7 tons)
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In July 2022, the sorghum price per ton stood at $469.4 (FOB, France), increasing by 31% against the previous month.
