Price for Cereals; Grain Sorghum, Other than Seed in Cameroon - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Cameroon (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Cameroon (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Cameroon
- Exports of Cereals; Grain Sorghum, Other than Seed in Cameroon
Price for Cereals; Grain Sorghum, Other than Seed in Cameroon (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $377 per ton, with a decrease of -12% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $437 per ton in 2017; however, from 2018 to 2022, 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +5.1% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Cameroon (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $274 per ton, with a decrease of -10.8% against the previous year. Over the period under review, the export price showed a pronounced decline. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. The export price peaked at $522 per ton in 2015; however, from 2016 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 Chad.
From 2012 to 2022, the rate of growth in terms of prices for Chad amounted to -3.1% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Cameroon
In 2022, supplies from abroad of cereals; grain sorghum, other than seeds was finally on the rise to reach 4.5K tons after two years of decline. Overall, imports, however, saw a sharp slump.
In value terms, imports of cereals; grain sorghum, other than seeds soared to $1.7M in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.
Import of Cereals; Grain Sorghum, Other than Seed in Cameroon (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.5 | 2.1 | 1.3 | 1.7 | -12.1% |
India | 0.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.9 | 2.1 | 1.3 | 1.7 | -16.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Cameroon in 2022:
- United States (4.5K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Cameroon
In 2022, exports of cereals; grain sorghum, other than seeds from Cameroon declined slightly to 891 tons, waning by -3.5% against the year before. Overall, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 7.5% against the previous year.
In value terms, exports of cereals; grain sorghum, other than seeds declined to $244K in 2022. In general, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 39%.
Export of Cereals; Grain Sorghum, Other than Seed in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chad | 879 | 204 | 284 | 244 | -34.8% |
Others | 0.4 | 0.4 | N/A | 0.1 | -37.0% |
Total | 879 | 205 | 284 | 244 | -34.8% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Cameroon in 2022:
- Chad (890.6 tons)
This report provides an in-depth analysis of the sorghum market in Cameroon.
This report provides an in-depth analysis of the cereal market in Cameroon.
This report provides an in-depth analysis of the grain market in Cameroon.
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 Cameroon.
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.