We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report World - Sorghum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Sorghum - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Global Sorghum Market 2024

Sorghum Market Size

The global sorghum market expanded notably to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sorghum Production

In value terms, sorghum production totaled $X in 2022 estimated in export price. Overall, production recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were the United States (X tons), Nigeria (X tons) and India (X tons), together comprising X% of global production.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average sorghum yield expanded slightly to X tons per ha, growing by X% compared with the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the average sorghum yield hit record highs at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global sorghum harvested area declined slightly to X ha, which is down by X% on the previous year's figure. Overall, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to sorghum production attained the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting
HANNOVER MESSE 2024

Sorghum Exports

Exports

In 2022, overseas shipments of sorghum increased by X% to X tons, rising for the third year in a row after four years of decline. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The global exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, sorghum exports stood at $X in 2022. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States was the key exporting country with an export of around X tons, which recorded X% of total exports. Australia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%).

From 2012 to 2022, average annual rates of growth with regard to sorghum exports from the United States stood at X%. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) and Australia (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest sorghum supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Australia ($X), with a X% share of global exports.

In the United States, sorghum exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (X% per year) and Argentina (X% per year).

Export Prices by Country

The average sorghum export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sorghum export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Sorghum Imports

Imports

In 2022, supplies from abroad of sorghum increased by X% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Global imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, sorghum imports skyrocketed to $X in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. The following importers - Mexico (X tons) and Japan (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the sorghum imports, with a CAGR of X% from 2012 to 2022. Mexico (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the global imports, while Mexico and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported sorghum worldwide, comprising X% of global imports. The second position in the ranking was taken by Japan ($X), with a X% share of global imports.

In China, sorghum imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest sorghum consuming country worldwide, accounting for 21% of total volume. Moreover, sorghum consumption in China exceeded the figures recorded by the second-largest consumer, Nigeria, twofold. Ethiopia ranked third in terms of total consumption with a 7.8% share.
The countries with the highest volumes of production in 2022 were the United States, Nigeria and India, with a combined 36% share of global production.
In value terms, the United States remains the largest sorghum supplier worldwide, comprising 61% of global exports. The second position in the ranking was held by Australia, with a 20% share of global exports.
In value terms, China constitutes the largest market for imported sorghum worldwide, comprising 85% of global imports. The second position in the ranking was taken by Japan, with a 2.3% share of global imports.
The average sorghum export price stood at $331 per ton in 2022, growing by 14% against the previous year.
In 2022, the average sorghum import price amounted to $370 per ton, with an increase of 14% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

Recommended reports

Asia - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 625

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

U.S. - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 736

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

China - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 1065

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

EU - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
$599
Apr 1, 2024
Eye 492

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

Free Data: Sorghum - World
Table
Sorghum - World - Table
Dashboard
Sorghum - World - Dashboard
Report
Sorghum - World - Report