Price for Cereals; Grain Sorghum, Seed in Ukraine - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Seed in Ukraine (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Seed in Ukraine (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Seed in Ukraine
  4. Exports of Cereals; Grain Sorghum, Seed in Ukraine

Price for Cereals; Grain Sorghum, Seed in Ukraine (CIF) - 2022

In 2022, the average cereals; grain sorghum, seed import price amounted to $3,827 per ton, declining by -8.7% against the previous year. Overall, the import price saw a pronounced contraction. The growth pace was the most rapid in 2018 when the average import price increased by 17%. Over the period under review, average import prices reached the peak figure at $4,540 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,249 per ton), while the price for the United States ($2,576 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Seed in Ukraine (FOB) - 2022

In 2022, the average cereals; grain sorghum, seed export price amounted to $48 per ton, with a decrease of -76.4% against the previous year. In general, the export price recorded a sharp contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 14% against the previous year. The export price peaked at $782 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($48 per ton), while the average price for exports to Iraq amounted to $48 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+72.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereals; Grain Sorghum, Seed in Ukraine

In 2022, the amount of cereals; grain sorghum, seeds imported into Ukraine shrank dramatically to 72 tons, with a decrease of -81.1% compared with the previous year. Over the period under review, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 98%. As a result, imports attained the peak of 382 tons, and then fell markedly in the following year.

In value terms, cereals; grain sorghum, seed imports declined markedly to $276K in 2022. In general, imports faced a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of $1.6M, and then dropped significantly in the following year.

Import of Cereals; Grain Sorghum, Seed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France134189249124-2.6%
United States41734757397.1-38.5%
Argentina46.58.876.954.45.4%
Australia124192235N/A37.7%
Others42.747.0467N/A230.7%
Total7647831,600276-28.8%

Top Suppliers of Cereals; Grain Sorghum, Seed to Ukraine in 2022:

  1. United States (37.7 tons)
  2. France (23.6 tons)
  3. Argentina (10.7 tons)

Exports of Cereals; Grain Sorghum, Seed in Ukraine

In 2022, shipments abroad of cereals; grain sorghum, seeds increased by 519% to 968 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt setback.

In value terms, cereals; grain sorghum, seed exports surged to $46K in 2022. Overall, exports, however, recorded a precipitous shrinkage.

Export of Cereals; Grain Sorghum, Seed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/A0.541.98280.0%
Turkey13.13.42.54.4-30.5%
Kuwait8.07.71.2N/A-61.3%
Philippines91.467.116.0N/A-58.2%
United Arab Emirates2.516.0N/AN/A540.0%
Taiwan (Chinese)16411.87.4N/A-78.8%
Saudi Arabia3.6N/A0.1N/A-83.3%
Others14.313.84.1N/A-46.5%
Total29712031.846.4-46.1%

Top Export Markets for Cereals; Grain Sorghum, Seed from Ukraine in 2022:

  1. Iraq (875.5 tons)
  2. Turkey (92.0 tons)

Source: IndexBox Market Intelligence Platform

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