Price for Cereals; Grain Sorghum, Seed in Indonesia - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Indonesia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Indonesia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Indonesia
- Imports of Cereals; Grain Sorghum, Seed in Indonesia
Price for Cereals; Grain Sorghum, Seed in Indonesia (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $4,526 per ton, with an increase of 74% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 an increase of 351%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2016 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.
Price for Cereals; Grain Sorghum, Seed in Indonesia (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $3,730 per ton, remaining stable against the previous year. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 99%. The import price peaked at $4,070 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +23.7% per year.
Exports of Cereals; Grain Sorghum, Seed in Indonesia
In 2022, exports of cereals; grain sorghum, seeds from Indonesia declined to 19 kg, which is down by -5% compared with 2021. Overall, exports continue to indicate a dramatic setback.
In value terms, cereals; grain sorghum, seed exports soared to $86 in 2022. In general, exports recorded a sharp decrease.
Export of Cereals; Grain Sorghum, Seed in Indonesia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Singapore | N/A | N/A | 86.0 | 0% | |
Brunei Darussalam | N/A | 52.0 | N/A | 0% | |
Timor-Leste | 150 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 150 | 52.0 | 86.0 | -24.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Indonesia in 2022:
- Singapore (19.0 kg)
Imports of Cereals; Grain Sorghum, Seed in Indonesia
Cereals; grain sorghum, seed imports into Indonesia shrank rapidly to 1.9 tons in 2022, falling by -20% on the previous year's figure. In general, imports saw a dramatic contraction. The smallest decline of -20% was in 2021.
In value terms, cereals; grain sorghum, seed imports shrank remarkably to $7.1K in 2022. Over the period under review, imports saw a sharp curtailment.
Import of Cereals; Grain Sorghum, Seed in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 13.9 | 11.1 | 8.9 | 7.1 | -20.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 13.9 | 11.1 | 8.9 | 7.1 | -20.1% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Indonesia in 2022:
- Australia (1.9 tons)
This report provides an in-depth analysis of the sorghum market in Indonesia.
This report provides an in-depth analysis of the cereal market in Indonesia.
This report provides an in-depth analysis of the grain market in Indonesia.
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This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in Indonesia.
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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.