Price for Cereals; Grain Sorghum, Seed in Norway - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Norway (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Norway
Price for Cereals; Grain Sorghum, Seed in Norway (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $2,524 per ton in 2022, with a decrease of -5.3% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 137%. As a result, import price reached the peak level of $2,781 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +5.9% per year.
Imports of Cereals; Grain Sorghum, Seed in Norway
For the third year in a row, Norway recorded decline in supplies from abroad of cereals; grain sorghum, seeds, which decreased by -2.5% to 822 kg in 2022. In general, imports saw a abrupt setback. The smallest decline of -1.2% was in 2021.
In value terms, cereals; grain sorghum, seed imports contracted to $2.1K in 2022. Overall, imports showed a abrupt downturn. The smallest decline of -3.9% was in 2020.
Import of Cereals; Grain Sorghum, Seed in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 0.4 | 2.3 | 2.2 | 2.1 | 73.8% |
Sweden | 2.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.4 | 2.3 | 2.2 | 2.1 | -4.4% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Norway in 2022:
- Denmark (822.0 kg)
This report provides an in-depth analysis of the sorghum market in Norway.
This report provides an in-depth analysis of the cereal market in Norway.
This report provides an in-depth analysis of the grain market in Norway.
This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in Norway.
This report provides an in-depth analysis of the global sorghum market.
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Explore the top import markets for cereal around the world, including China, Japan, Mexico, Spain, Egypt, South Korea, Italy, Turkey, Algeria, and Indonesia. Discover key statistics and market insights from the IndexBox platform.
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
Explore the top import destinations for sorghum and their key statistics. China, Japan, Mexico, Spain, Kenya, Sudan, Italy, South Sudan, Botswana, and New Zealand are among the leading importers. Find out more on IndexBox platform.
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.