Price for Cereals; Grain Sorghum, Seed in Serbia - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Serbia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Serbia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Serbia
- Imports of Cereals; Grain Sorghum, Seed in Serbia
Price for Cereals; Grain Sorghum, Seed in Serbia (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $13,384 per ton in 2022, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 606% against the previous year. The export price peaked at $21,678 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($19,013 per ton), while the average price for exports to Albania ($412 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+87.0%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Grain Sorghum, Seed in Serbia (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $519 per ton in 2022, reducing by -48.9% against the previous year. In general, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 228%. The import price peaked at $3,373 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($538 per ton), while the price for Argentina ($444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Grain Sorghum, Seed in Serbia
After two years of decline, shipments abroad of cereals; grain sorghum, seeds decreased by 0% to 3 tons in 2022. In general, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, cereals; grain sorghum, seed exports totaled $40K in 2022. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Cereals; Grain Sorghum, Seed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 0.1 | N/A | N/A | 38.2 | 625.6% |
| France | N/A | N/A | N/A | 1.9 | 0% |
| Albania | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | N/A | 40.3 | 638.6% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Serbia in 2022:
- North Macedonia (2.0 tons)
- Albania (0.5 tons)
- France (0.5 tons)
Imports of Cereals; Grain Sorghum, Seed in Serbia
In 2022, cereals; grain sorghum, seed imports into Serbia surged to 7 tons, growing by 5,361% on 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 9,868% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cereals; grain sorghum, seed imports soared to $3.6K in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 15,934%. As a result, imports attained the peak of $10K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Grain Sorghum, Seed in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.0 | 20.0 | 1.0 | 3,518 | 1420.9% |
| Argentina | 1.0 | 3.0 | 1.0 | 59.0 | 289.3% |
| Italy | 1.0 | 567 | 1.0 | 50.0 | 268.4% |
| Croatia | N/A | 519 | N/A | N/A | 0% |
| Hungary | 49.0 | 3,707 | 55.0 | N/A | 5.9% |
| Germany | 13.0 | 704 | 1.0 | N/A | -72.3% |
| Others | N/A | 4,902 | 71.0 | N/A | -98.6% |
| Total | 65.0 | 10,422 | 130 | 3,627 | 282.1% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Serbia in 2022:
- France (6.8 tons)
- Argentina (0.1 tons)
- Italy (0.1 tons)
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