Price for Cereals; Grain Sorghum, Seed in Greece - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Greece (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Greece (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Greece
- Exports of Cereals; Grain Sorghum, Seed in Greece
Price for Cereals; Grain Sorghum, Seed in Greece (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $1,202 per ton, dropping by -7% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29% against the previous year. The import price peaked at $1,673 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 Hungary ($2,080 per ton), while the price for Bulgaria ($405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Greece (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $2,188 per ton, dropping by -12.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 158%. Over the period under review, the average export prices hit record highs at $3,194 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($8,316 per ton), while the average price for exports to the Netherlands ($671 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 Bulgaria (+9.9%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Grain Sorghum, Seed in Greece
In 2022, imports of cereals; grain sorghum, seeds into Greece stood at 224 tons, picking up by 10% compared with the year before. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, cereals; grain sorghum, seed imports expanded to $269K in 2022. Over the period under review, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Import of Cereals; Grain Sorghum, Seed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 38.4 | N/A | N/A | 64.0 | 18.6% |
| Italy | 131 | 110 | 163 | 59.9 | -23.0% |
| United States | 53.5 | 70.3 | 46.5 | 47.5 | -3.9% |
| Serbia | N/A | N/A | 12.0 | 33.5 | 179.2% |
| South Africa | 21.5 | 21.9 | 28.4 | 27.9 | 9.1% |
| Hungary | 25.3 | 7.3 | N/A | 19.1 | -8.9% |
| Bulgaria | 2.7 | 4.2 | 2.9 | 5.3 | 25.2% |
| Others | 16.6 | 5.5 | 10.3 | 11.9 | -10.5% |
| Total | 289 | 219 | 263 | 269 | -2.4% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Greece in 2022:
- Germany (53.4 tons)
- United States (44.9 tons)
- Italy (42.0 tons)
- South Africa (28.1 tons)
- Serbia (26.9 tons)
- Bulgaria (13.1 tons)
- Hungary (9.2 tons)
Exports of Cereals; Grain Sorghum, Seed in Greece
In 2022, the amount of cereals; grain sorghum, seeds exported from Greece soared to 10 tons, growing by 69% compared with the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports surged to $23K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 225%. As a result, the exports reached the peak of $30K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Grain Sorghum, Seed in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.6 | 19.3 | 7.9 | 7.7 | 68.8% |
| North Macedonia | N/A | N/A | N/A | 7.0 | 0% |
| France | 1.3 | 8.9 | 2.9 | 3.9 | 44.2% |
| Cyprus | 0.9 | 1.8 | 1.5 | 2.4 | 38.7% |
| Portugal | 2.1 | N/A | 3.1 | 0.8 | -27.5% |
| Netherlands | 2.9 | N/A | N/A | 0.6 | -40.9% |
| Others | 0.4 | N/A | N/A | 0.4 | 0.0% |
| Total | 9.2 | 30.0 | 15.5 | 22.8 | 35.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Greece in 2022:
- Italy (3.6 tons)
- North Macedonia (2.8 tons)
- Cyprus (1.3 tons)
- France (1.1 tons)
- Netherlands (0.8 tons)
- Portugal (0.6 tons)
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