Sorghum Market

Sorghum market: enjoy newly released facts and figures secured by an Ai-driven market intelligence tool. Information contain production, imports, consumption, trade, companies, market prices, exports, and market size. Here is a split by country, including Latin America, EU, Russia, the Middle East, China, the U.S., the U.K., and Africa. Market insights and outlook to 2030 are also featured in the snapshots.


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Sorghum - World's Largest Markets

RatingCountry
1Mexico
2Brazil
3China
4Ethiopia
5India

In value terms, Mexico led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by China.

From 2019 to 2021, the average annual rate of growth in terms of value in Mexico stood at -4.9%. The remaining consuming countries recorded the following average annual rates of market growth: Brazil (+0.3% per year) and China (+4.1% per year).

Sorghum Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Ukraine1681761721.2%
United States1972112072.5%
France242236238-0.8%
Argentina243241242-0.2%
Australia2622742660.8%
Average2212222220.1%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($266 per ton), while Ukraine ($172 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
South Sudan413292356-7.2%
China2262402341.8%
Mexico2072632223.6%
Japan2202232220.5%
Spain178173175-0.8%
Average2312422371.2%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Sudan ($356 per ton), while Spain ($175 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Sorghum - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
China0.91.217.1%
Mexico0.20.070.1-14.3%
Japan0.10.090.09-3.8%
Spain0.090.080.08-2.8%
South Sudan0.060.040.05-9.9%

In value terms, China ($1B) constitutes the largest market for imported sorghum worldwide, comprising 62% of global imports. The second position in the ranking was occupied by Mexico ($113M), with a 6.8% share of global imports. It was followed by Japan, with a 5.6% share.

From 2019 to 2021, the average annual rate of growth in terms of value in China amounted to +7.1%. In the other countries, the average annual rates were as follows: Mexico (-14.3% per year) and Japan (-3.8% per year).

Sorghum - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States0.61.4132.1%
Argentina0.090.10.113.2%
Australia0.080.050.07-10.2%
France0.030.040.036.8%
Ukraine0.020.020.021.6%

In value terms, the United States ($976M) remains the largest sorghum supplier worldwide, comprising 72% of global exports. The second position in the ranking was occupied by Argentina ($120M), with a 8.9% share of global exports. It was followed by Australia, with a 4.8% share.

In the United States, sorghum exports increased at an average annual rate of +32.1% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+13.2% per year) and Australia (-10.2% per year).

Sorghum - Market Forecast

Driven by rising demand for sorghum worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Sorghum - Top Companies

NUGRAIN PTY LTD, Tianye (Fogang) Leisure Agriculture and Husbandry Co., Ltd., CBH GRAIN PTY LTD, Cooperativa Agrária Agroindustrial, ADM TRADING AUSTRALIA PTY LTD, Zhongnongfa Seed Industry Group Co., Ltd., Yuan Longping High-tech Agriculture Co., Ltd., Heilongjiang Agriculture Company Limited, LIMAGRAIN EUROPE, Grupo Universal S A, Roland Mills United GmbH & Co. KG, LACPATRICK DAIRIES LIMITED, Hefei Fengle Seed.Co., Ltd., LATRAPS KS, LIMAGRAIN, RAIZ-MAKSYMKO, PRAT, ARENTO GRUPO COOPERATIVO AGROALIMENTARIO DE ARAGON S.COOP, SAATBAU LINZ eGen, Vilshanski Produkty, TOV, ZERNOPRODUKT MKHP, PRAT

Sorghum - Product Coverage

  • HS 1007 - Grain sorghum
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World - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global sorghum market.

Africa - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Africa.

Australia and Oceania - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Australia and Oceania.

Southern Asia - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Southern Asia.

South-Eastern Asia - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in South-Eastern Asia.

Latin America and the Caribbean - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Latin America and the Caribbean.

Northern America - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Northern America.

Eastern Asia - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Eastern Asia.

Middle East - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in the Middle East.

Central Asia - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sorghum market in Central Asia.

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