Price for Cereals; Grain Sorghum, Seed in Romania - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Romania (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Romania (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Romania
- Exports of Cereals; Grain Sorghum, Seed in Romania
Price for Cereals; Grain Sorghum, Seed in Romania (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $4,012 per ton in 2022, with a decrease of -14% against the previous year. Over the period under review, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 80%. As a result, import price reached the peak level of $5,526 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Italy ($6,787 per ton), while the price for France ($3,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Seed in Romania (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $586 per ton, with a decrease of -50.8% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 225%. The export price peaked at $4,330 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($5,702 per ton), while the average price for exports to Italy ($361 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 Poland (+47.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Romania
In 2022, approx. 72 tons of cereals; grain sorghum, seeds were imported into Romania; with a decrease of -59.4% compared with the year before. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 178 tons, and then declined sharply in the following year.
In value terms, cereals; grain sorghum, seed imports dropped sharply to $290K in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 34%.
| Import of Cereals; Grain Sorghum, Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 324 | 419 | 601 | 172 | -19.0% |
| Hungary | 114 | 88.9 | 72.9 | 76.7 | -12.4% |
| Italy | N/A | 34.3 | 109 | 41.2 | 9.6% |
| Bulgaria | 31.4 | 14.0 | 0.3 | N/A | -90.2% |
| China | N/A | 73.6 | N/A | N/A | 0% |
| Others | 0.9 | 0.4 | 48.8 | 0.3 | -30.7% |
| Total | 470 | 630 | 832 | 290 | -14.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Romania in 2022:
- France (51.3 tons)
- Hungary (14.8 tons)
- Italy (6.1 tons)
Exports of Cereals; Grain Sorghum, Seed in Romania
Cereals; grain sorghum, seed exports from Romania skyrocketed to 817 tons in 2022, with an increase of 124% on 2021 figures. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 194%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports totaled $479K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Cereals; Grain Sorghum, Seed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.2 | N/A | 154 | 274 | 1010.6% |
| France | 134 | 68.1 | 193 | 166 | 7.4% |
| Bulgaria | 177 | 57.8 | 4.4 | 29.5 | -45.0% |
| Moldova | 5.0 | 133 | N/A | N/A | 2560.0% |
| Others | 61.5 | 10.1 | 82.8 | 9.6 | -46.2% |
| Total | 377 | 270 | 435 | 479 | 8.3% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Romania in 2022:
- Italy (759.7 tons)
- France (50.1 tons)
- Bulgaria (5.2 tons)
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