Greece - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSorghum Price in Greece - 2023
Contents:
- Sorghum Price in Greece (CIF) - 2022
- Sorghum Price in Greece (FOB) - 2022
- Sorghum Imports in Greece
- Sorghum Exports in Greece
Sorghum Price in Greece (CIF) - 2022
In 2022, the average sorghum import price amounted to $611 per ton, rising by 8.4% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 15%. Over the period under review, average import prices attained the maximum at $1,166 per ton in 2013; however, from 2014 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 Italy ($1,671 per ton), while the price for Ukraine ($364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sorghum Price in Greece (FOB) - 2022
In 2022, the average sorghum export price amounted to $1,866 per ton, growing by 7.9% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $3,515 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($6,820 per ton), while the average price for exports to Cyprus ($1,449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Sorghum Imports in Greece
Sorghum imports into Greece shrank to 823 tons in 2022, dropping by -11.4% compared with the year before. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 135% against the previous year. As a result, imports reached the peak of 929 tons, and then declined in the following year.
In value terms, sorghum imports reduced slightly to $503K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. As a result, imports attained the peak of $524K, and then declined slightly in the following year.
| Import of Sorghum in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 25.9 | 62.5 | 225 | 129 | 70.8% |
| Moldova | N/A | N/A | N/A | 86.1 | 0% |
| Italy | 137 | 109 | 163 | 62.2 | -23.1% |
| Germany | 48.2 | N/A | N/A | 60.8 | 8.0% |
| United States | 55.7 | 70.3 | 46.5 | 48.2 | -4.7% |
| South Africa | 22.4 | 21.9 | 28.4 | 28.9 | 8.9% |
| Bulgaria | 55.8 | 12.6 | 16.8 | 25.8 | -22.7% |
| Egypt | 26.3 | N/A | 12.7 | 17.0 | -13.5% |
| Others | 31.8 | 12.8 | 31.7 | 44.3 | 11.7% |
| Total | 403 | 290 | 524 | 503 | 7.7% |
Top Suppliers of Sorghum to Greece in 2022:
- Ukraine (355.4 tons)
- Moldova (218.9 tons)
- Germany (47.4 tons)
- Bulgaria (46.1 tons)
- United States (39.8 tons)
- Italy (37.2 tons)
- Egypt (25.2 tons)
- South Africa (24.9 tons)
Sorghum Exports in Greece
Sorghum exports from Greece fell notably to 7.1 tons in 2022, reducing by -61% compared with the previous year. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 18 tons, and then dropped dramatically in the following year.
In value terms, sorghum exports fell dramatically to $13K in 2022. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sorghum in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | N/A | N/A | N/A | 9.6 | 0% |
| Cyprus | N/A | 3.4 | 2.7 | 3.3 | -1.5% |
| Bulgaria | 1.3 | 0.1 | N/A | 0.3 | -38.7% |
| France | 5.4 | 8.9 | 2.9 | N/A | -26.7% |
| Portugal | 8.8 | N/A | 3.1 | N/A | -40.6% |
| Italy | 6.8 | 19.3 | 22.7 | N/A | 82.7% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 22.4 | 32.2 | 31.5 | 13.3 | -16.0% |
Top Export Markets for Sorghum from Greece in 2022:
- North Macedonia (4.8 tons)
- Cyprus (2.3 tons)
- Bulgaria (0.1 tons)
This report provides an in-depth analysis of the sorghum market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 83 - Sorghum
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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