Price for Cereals; Grain Sorghum, Seed in Singapore - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Singapore (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Singapore
Price for Cereals; Grain Sorghum, Seed in Singapore (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $734 per ton in 2022, which is down by -9.5% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 210%. Over the period under review, average import prices hit record highs at $1,706 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($981 per ton), while the price for the United States amounted to $722 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.0%).
Imports of Cereals; Grain Sorghum, Seed in Singapore
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -8.7% to 7.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 853% against the previous year. As a result, imports attained the peak of 9.3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; grain sorghum, seed imports declined significantly to $5.7K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 401%. As a result, imports attained the peak of $8.4K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Grain Sorghum, Seed in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 8.2 | 6.8 | 5.5 | 50.9% |
| India | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.7 | 8.4 | 6.9 | 5.7 | 49.7% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Singapore in 2022:
- United States (7.6 tons)
- India (0.2 tons)
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