Price for Cereals; Grain Sorghum, Seed in the UK - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in the UK (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in the UK (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in the UK
- Exports of Cereals; Grain Sorghum, Seed in the UK
Price for Cereals; Grain Sorghum, Seed in the UK (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $1,187 per ton in 2022, picking up by 19% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 62% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 the United States ($2,527 per ton), while the price for Ukraine ($340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in the UK (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $17,054 per ton, rising by 817% against the previous year. Over the period under review, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($29,465 per ton), while the average price for exports to Denmark stood at $2,466 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in the UK
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -94.9% to 605 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; grain sorghum, seed imports reduced markedly to $718K in 2022. Over the period under review, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Grain Sorghum, Seed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 77.0 | 152 | 211 | 365 | 68.0% |
| India | 26.0 | 45.8 | 78.0 | 217 | 102.8% |
| Egypt | N/A | N/A | N/A | 62.2 | 0% |
| Netherlands | 229 | 16.6 | 381 | 48.8 | -40.3% |
| Ukraine | N/A | N/A | 54.9 | 25.1 | -54.3% |
| Spain | 1,483 | 2,537 | 1,675 | N/A | 6.3% |
| Belgium | 2,088 | 2,041 | 2,146 | N/A | 1.4% |
| Germany | 506 | 1,637 | 1,299 | N/A | 60.2% |
| Sudan | 93.6 | 85.9 | 76.1 | N/A | -9.8% |
| France | 2,187 | 2,151 | 1,636 | N/A | -13.5% |
| Malta | 841 | 687 | 542 | N/A | -19.7% |
| Poland | 1,639 | 3,360 | 3,649 | N/A | 49.2% |
| Others | 484 | 26.5 | 93.4 | N/A | -56.1% |
| Total | 9,654 | 12,740 | 11,841 | 718 | -57.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to the UK in 2022:
- India (251.8 tons)
- United States (144.5 tons)
- Egypt (100.0 tons)
- Ukraine (73.8 tons)
- Netherlands (34.5 tons)
Exports of Cereals; Grain Sorghum, Seed in the UK
In 2022, overseas shipments of cereals; grain sorghum, seeds decreased by -94.4% to 2.9 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 6.7%. As a result, the exports attained the peak of 357 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; grain sorghum, seed exports contracted sharply to $49K in 2022. Over the period under review, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 13%. As a result, the exports reached the peak of $737K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereals; Grain Sorghum, Seed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 13.5 | 3.4 | 45.7 | 55.3% |
| Denmark | 11.6 | 16.9 | 0.1 | 3.3 | -34.2% |
| Spain | 10.5 | 29.4 | 5.9 | N/A | -25.0% |
| Nigeria | 44.6 | 125 | 10.7 | N/A | -51.0% |
| Belgium | 9.6 | 75.9 | 15.2 | N/A | 25.8% |
| Ireland | 328 | 274 | 27.3 | N/A | -71.2% |
| France | 83.1 | 51.9 | 6.2 | N/A | -72.7% |
| Poland | 36.1 | 31.8 | 6.4 | N/A | -57.9% |
| Italy | 103 | 111 | 17.7 | N/A | -58.5% |
| Others | 10.1 | 7.4 | 2.6 | N/A | -49.3% |
| Total | 649 | 737 | 95.3 | 48.9 | -57.8% |
Top Export Markets for Cereals; Grain Sorghum, Seed from the UK in 2022:
- United States (1.6 tons)
- Denmark (1.3 tons)
570
This report provides an in-depth analysis of the sorghum market in the UK.
629
This report provides an in-depth analysis of the cereal market in the UK.
687
This report provides an in-depth analysis of the grain market in the UK.
4012
This report provides an in-depth analysis of the global sorghum market.
3684
This report provides an in-depth analysis of the global cereal market.
3968
This report provides an in-depth analysis of the global grain market.
570
This report provides an in-depth analysis of the sorghum market in the UK.
4012
This report provides an in-depth analysis of the global sorghum market.
378
In March 2023, the price of Sorghum reached $720 per ton (CIF, United Kingdom), exhibiting a 22% increase compared to the previous month.
281
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.
1316
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.
3796
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2787
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3145
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1319
Baijiu (pronounced "bye-joe") is a Chinese fermented sorghum spirit that is often mixed with glutinous rice, millet, wheat, or corn. A staple alcoholic beverage in China, baijiu liquor will soon be splashing into the U.S. market.
427
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.
271
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.
378
In March 2023, the price of Sorghum reached $720 per ton (CIF, United Kingdom), exhibiting a 22% increase compared to the previous month.
