Price for Cereals; Grain Sorghum, Other than Seed in Estonia - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Estonia (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Estonia
Price for Cereals; Grain Sorghum, Other than Seed in Estonia (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $1,767 per ton in 2022, shrinking by -3% against the previous year. Over the period under review, the import price, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $12,343 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,220 per ton), while the price for the Netherlands stood at $1,523 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+88.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Other than Seed in Estonia
In 2022, after three years of growth, there was significant decline in supplies from abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -31.2% to 1.2 tons. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year. As a result, imports reached the peak of 1.7 tons, and then reduced rapidly in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds dropped markedly to $2.1K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 358% against the previous year. As a result, imports attained the peak of $3.1K, and then reduced markedly in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 1,631 | 1,523 | -6.6% |
| Italy | 39.0 | 210 | 1,137 | 541 | 140.3% |
| Latvia | 64.0 | 442 | 326 | N/A | 125.7% |
| Poland | 86.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 23.0 | N/A | N/A | 0% |
| Total | 189 | 675 | 3,094 | 2,064 | 121.9% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Estonia in 2022:
- Netherlands (1000.0 kg)
- Italy (168.0 kg)
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