Price for Cereals; Grain Sorghum, Seed in Luxembourg - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Luxembourg (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Luxembourg
Price for Cereals; Grain Sorghum, Seed in Luxembourg (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $2,454 per ton in 2022, almost unchanged from the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 32%. As a result, import price reached the peak level of $3,472 per ton. From 2019 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 ($4,955 per ton), while the price for the Netherlands ($1,382 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Grain Sorghum, Seed in Luxembourg
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -20.1% to 1.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 301% against the previous year. As a result, imports attained the peak of 2.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; grain sorghum, seed imports contracted markedly to $3.6K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 257% against the previous year. As a result, imports attained the peak of $5.4K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Grain Sorghum, Seed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.2 | 2.8 | 3.1 | 2.0 | 115.4% |
| Netherlands | 1.1 | N/A | N/A | 0.5 | -23.1% |
| Germany | 0.1 | 2.1 | 0.9 | 0.5 | 71.0% |
| Belgium | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 1.5 | 5.4 | 4.5 | 3.6 | 33.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Luxembourg in 2022:
- France (848.0 kg)
- Netherlands (350.0 kg)
- Belgium (137.0 kg)
- Germany (105.0 kg)
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