Price for Cereals; Grain Sorghum, Other than Seed in Bangladesh - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Bangladesh (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Bangladesh
Price for Cereals; Grain Sorghum, Other than Seed in Bangladesh (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $229 per ton in 2022, surging by 6.3% against the previous year. Overall, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 71%. As a result, import price attained the peak level of $425 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.4% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Bangladesh
In 2022, approx. 60 tons of cereals; grain sorghum, other than seeds were imported into Bangladesh; which is down by -43.7% on 2021 figures. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 437%. As a result, imports reached the peak of 107 tons, and then declined sharply in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds dropped markedly to $14K in 2022. Overall, imports, however, posted slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 405% against the previous year. As a result, imports attained the peak of $23K, and then shrank remarkably in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.4 | 3.9 | 22.1 | 13.1 | 1.8% |
| Others | 0.7 | 0.7 | 0.9 | 0.7 | 0.0% |
| Total | 13.1 | 4.6 | 23.0 | 13.8 | 1.8% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Bangladesh in 2022:
- India (60.1 tons)
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