Price for Cereals; Grain Sorghum, Seed in Germany - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Germany (CIF) - 2023
- Price for Cereals; Grain Sorghum, Seed in Germany (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Germany
- Exports of Cereals; Grain Sorghum, Seed in Germany
Price for Cereals; Grain Sorghum, Seed in Germany (CIF) - 2023
The average cereals; grain sorghum, seed import price stood at $1,980 per ton in June 2023, falling by -35.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 194% against the previous month. Over the period under review, average import prices attained the maximum at $3,074 per ton in May 2023, and then fell remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($3,668 per ton), while the price for Poland ($630 per ton) was amongst the lowest.
From June 2022 to June 2023, 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 more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Germany (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $2,580 per ton, dropping by -33.2% against the previous year. In general, the export price showed a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $6,849 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($8,336 per ton), while the average price for exports to Hungary ($1,368 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 Belarus (+34.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Grain Sorghum, Seed in Germany
In 2022, supplies from abroad of cereals; grain sorghum, seeds was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed imports soared to $1.8M in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 62% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Cereals; Grain Sorghum, Seed in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 194 | 478 | 597 | 749 | 56.9% |
| France | 157 | 138 | 420 | 635 | 59.3% |
| Netherlands | 78.9 | 120 | 23.2 | 302 | 56.4% |
| Poland | 14.4 | 34.3 | 9.3 | 54.2 | 55.6% |
| Italy | 309 | 472 | 56.3 | 10.6 | -67.5% |
| Ukraine | 24.1 | N/A | N/A | N/A | 0% |
| Others | 72.9 | 136 | 54.0 | 32.6 | -23.5% |
| Total | 851 | 1,378 | 1,160 | 1,784 | 28.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Germany in 2022:
- Hungary (653.7 tons)
- Netherlands (397.1 tons)
- France (104.3 tons)
- Poland (99.6 tons)
- Italy (4.5 tons)
Exports of Cereals; Grain Sorghum, Seed in Germany
After three years of growth, overseas shipments of cereals; grain sorghum, seeds decreased by -26.7% to 136 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 304%.
In value terms, cereals; grain sorghum, seed exports contracted sharply to $352K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 211% against the previous year.
| Export of Cereals; Grain Sorghum, Seed in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.6 | 72.7 | 107 | 83.6 | 162.9% |
| Croatia | N/A | 29.1 | 54.4 | 52.2 | 33.9% |
| Switzerland | 64.2 | 70.8 | 129 | 42.8 | -12.6% |
| Netherlands | 2.6 | 14.4 | 22.2 | 29.3 | 124.2% |
| Slovakia | N/A | 52.6 | N/A | 27.9 | -27.2% |
| Czech Republic | 18.2 | 21.1 | 38.6 | 26.6 | 13.5% |
| Luxembourg | 0.3 | 3.1 | 4.7 | 25.5 | 339.7% |
| Belgium | N/A | 13.6 | 33.1 | 10.2 | -13.4% |
| Austria | 0.2 | 50.3 | 3.5 | 9.8 | 265.9% |
| United Kingdom | N/A | 23.7 | 9.4 | 7.2 | -44.9% |
| Hungary | N/A | 68.3 | 2.3 | 4.6 | -74.0% |
| Belarus | 77.1 | 27.2 | 46.5 | N/A | -22.3% |
| Others | 35.2 | 182 | 268 | 32.2 | -2.9% |
| Total | 202 | 629 | 719 | 352 | 20.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Germany in 2022:
- France (32.3 tons)
- Croatia (30.9 tons)
- Netherlands (17.4 tons)
- Luxembourg (11.3 tons)
- Czech Republic (8.7 tons)
- Switzerland (8.3 tons)
- Belgium (5.6 tons)
- Austria (5.5 tons)
- Hungary (3.3 tons)
- United Kingdom (3.3 tons)
- Slovakia (3.3 tons)
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