Price for Cereals; Grain Sorghum, Other than Seed in Bulgaria - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Bulgaria (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Other than Seed in Bulgaria (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Other than Seed in Bulgaria
  4. Exports of Cereals; Grain Sorghum, Other than Seed in Bulgaria

Price for Cereals; Grain Sorghum, Other than Seed in Bulgaria (CIF) - 2022

In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $315 per ton, declining by -16.6% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 74%. The import price peaked at $866 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($383 per ton), while the price for Moldova stood at $310 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in Bulgaria (FOB) - 2022

The average export price for cereals; grain sorghum, other than seeds stood at $86 per ton in 2022, shrinking by -75.9% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 52% against the previous year. The export price peaked at $361 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($339 per ton), while the average price for exports to Kosovo ($3.3 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 Pakistan (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Grain Sorghum, Other than Seed in Bulgaria

For the fourth year in a row, Bulgaria recorded growth in purchases abroad of cereals; grain sorghum, other than seeds, which increased by 1,075% to 2.4K tons in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereals; grain sorghum, other than seeds surged to $750K in 2022. Overall, imports continue to indicate a significant expansion. 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 Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/A27.76822362.1%
Ukraine2.27.932.267.4212.9%
OthersN/AN/A16.60.3-98.2%
Total2.27.976.5750598.6%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Bulgaria in 2022:

  1. Moldova (2201.3 tons)
  2. Ukraine (176.2 tons)

Exports of Cereals; Grain Sorghum, Other than Seed in Bulgaria

In 2022, approx. 52 tons of cereals; grain sorghum, other than seeds were exported from Bulgaria; falling by -95.9% on 2021 figures. Overall, exports showed a sharp setback. The smallest decline of -35.4% was in 2021.

In value terms, exports of cereals; grain sorghum, other than seeds declined remarkably to $4.5K in 2022. Over the period under review, exports recorded a precipitous curtailment. The smallest decline of -14% was in 2021.

Export of Cereals; Grain Sorghum, Other than Seed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece14.823.043.54.3-33.8%
GeorgiaN/AN/AN/A0.10%
KosovoN/AN/AN/A0.10%
Spain2,441N/AN/AN/A0%
JordanN/A55.6202N/A263.3%
United KingdomN/AN/A133N/A0%
United Arab Emirates292107N/AN/A-63.4%
PakistanN/A122N/AN/A0%
Others74.821571.2N/A-2.4%
Total2,8235224504.5-88.3%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Bulgaria in 2022:

  1. Kosovo (36.1 tons)
  2. Greece (12.7 tons)
  3. Georgia (2.9 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Top Import Markets for Sorghum
Oct 30, 2023
Eye 316

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.

Global Sorghum Production is Booming Due to Strong Demand in China
Jul 9, 2021
Eye 1414

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.

Which Country Consumes the Most Sorghum in the World?
Feb 9, 2018
Eye 3912

Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Exports the Most Sorghum in the World?
Feb 1, 2018
Eye 2836

Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Imports the Most Sorghum in the World?
Jan 25, 2018
Eye 3226

Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Sorghum Market - Chinese Sorghum Liquor Ready to Fire Up the U.S. Consumers
Aug 30, 2015
Eye 1353

Baijiu (pronounced "bye-joe") is a Chinese fermented sorghum spirit that is often mixed with glutinous rice, millet, wheat, or corn. A staple alcoholic beverage in China, baijiu liquor will soon be splashing into the U.S. market.

Exploring the Prime Global Import Destinations for Cereal
Oct 19, 2023
Eye 496

Explore the top import markets for cereal around the world, including China, Japan, Mexico, Spain, Egypt, South Korea, Italy, Turkey, Algeria, and Indonesia. Discover key statistics and market insights from the IndexBox platform.

Top Import Markets for Grain: China, Japan, Mexico, and More
Nov 30, 2023
Eye 326

Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.

Top Import Markets for Sorghum
Oct 30, 2023
Eye 316

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.

Global Sorghum Production is Booming Due to Strong Demand in China
Jul 9, 2021
Eye 1414

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.

Free Data: Cereals; grain sorghum, other than seed - Bulgaria