Price for Cereals; Grain Sorghum, Other than Seed in Brazil - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Brazil (CIF) - 2024
- Price for Cereals; Grain Sorghum, Other than Seed in Brazil (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Brazil
- Exports of Cereals; Grain Sorghum, Other than Seed in Brazil
Price for Cereals; Grain Sorghum, Other than Seed in Brazil (CIF) - 2024
In September 2023, the average import price for cereals; grain sorghum, other than seeds amounted to $128 per ton, standing approximately at the previous month. Over the period under review, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in July 2023 an increase of 4.1% m-o-m. Over the period under review, average import prices reached the maximum at $217 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Paraguay.
From May 2023 to September 2023, the rate of growth in terms of prices for Paraguay amounted to -12.4% per month.
Price for Cereals; Grain Sorghum, Other than Seed in Brazil (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $183 per ton in 2022, with a decrease of -35.1% against the previous year. Overall, the export price recorded a noticeable decrease. The growth pace was the most rapid in 2020 an increase of 1,145%. As a result, the export price reached the peak level of $2,568 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -3.3% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Brazil
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Brazil skyrocketed to 22K tons, increasing by 2,713% against 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; grain sorghum, other than seeds skyrocketed to $3.7M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereals; Grain Sorghum, Other than Seed in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Paraguay | 0.2 | 0.1 | 3.7 | 330.1% | |
Others | N/A | N/A | N/A | 0% | |
Total | 0.2 | 0.1 | 3.7 | 330.1% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Brazil in 2022:
- Paraguay (22.0K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Brazil
In 2022, the amount of cereals; grain sorghum, other than seeds exported from Brazil reached 9.7K tons, standing approx. at 2021 figures. In general, exports, however, recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 23,874% against the previous year.
In value terms, exports of cereals; grain sorghum, other than seeds plummeted to $1.8M in 2022. Overall, exports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,535% against the previous year.
Export of Cereals; Grain Sorghum, Other than Seed in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | N/A | 2.7 | 1.8 | -33.3% |
Israel | 6.9 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 7.0 | 0.1 | 2.7 | 1.8 | -36.4% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Brazil in 2022:
- Japan (9.7K tons)
This report provides an in-depth analysis of the sorghum market in Brazil.
This report provides an in-depth analysis of the cereal market in Brazil.
This report provides an in-depth analysis of the grain market in Brazil.
This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in Brazil.
This report provides an in-depth analysis of the global sorghum market.
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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.
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.