Price for Cereals; Grain Sorghum, Other than Seed in Belarus - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Belarus (FOB) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Belarus
Price for Cereals; Grain Sorghum, Other than Seed in Belarus (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $2,357 per ton in 2022, growing by 1.6% against the previous year. In general, the export price, however, saw a mild reduction. Over the period under review, the average export prices hit record highs at $2,628 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.1% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Belarus
After two years of decline, shipments abroad of cereals; grain sorghum, other than seeds increased by 12% to 28 kg in 2022. In general, exports, however, saw a deep downturn.
In value terms, exports of cereals; grain sorghum, other than seeds expanded rapidly to $66 in 2022. Overall, exports, however, faced a abrupt shrinkage.
| Export of Cereals; Grain Sorghum, Other than Seed in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 91.0 | 73.0 | 58.0 | 66.0 | -10.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 91.0 | 73.0 | 58.0 | 66.0 | -10.2% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Belarus in 2022:
- Russia (28.0 kg)
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This report provides an in-depth analysis of the sorghum market in Belarus.
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Explore the top import destinations for sorghum and their key statistics. China, Japan, Mexico, Spain, Kenya, Sudan, Italy, South Sudan, Botswana, and New Zealand are among the leading importers. Find out more on IndexBox platform.
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In 2021, global sorghum production will grow by 5%, boosted by growing supplies to China. Sorghum imports to the country are expected to rise by 28% compared to the previous year, driven by the increasing demand for animal feed. Prices will continue to rise in line with other cereals, following accelerated food inflation. The advantage of sorghum as a more drought-tolerant crop will allow this product to compete seriously with corn and will further stimulate market expansion.
