Price for Cereals; Grain Sorghum, Seed in Ghana - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Ghana (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Ghana
Price for Cereals; Grain Sorghum, Seed in Ghana (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $2,131 per ton, jumping by 96% against the previous year. Over the period under review, the import price recorded a notable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,441 per ton), while the price for South Africa totaled $1,899 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Grain Sorghum, Seed in Ghana
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -59.9% to 25 tons, falling for the second year in a row after two years of growth. Overall, imports showed a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of 98 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; grain sorghum, seed imports declined notably to $53K in 2022. In general, imports faced a drastic downturn. The smallest decline of -11.4% was in 2021.
| Import of Cereals; Grain Sorghum, Seed in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 32.2 | 76.6 | 67.9 | 27.2 | -5.5% |
| India | N/A | N/A | N/A | 26.1 | 0% |
| Burkina Faso | 29.6 | N/A | N/A | N/A | 0% |
| Nigeria | 24.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 86.5 | 76.6 | 67.9 | 53.3 | -14.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Ghana in 2022:
- South Africa (14.3 tons)
- India (10.7 tons)
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