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

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Finland (CIF) - 2022
  2. Imports of Cereals; Grain Sorghum, Other than Seed in Finland

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

In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $9,279 per ton, jumping by 21% against the previous year. Over the period under review, the import price posted a significant increase. Over the period under review, average import prices hit record highs at $10,167 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($9,512 per ton), while the price for France ($2,000 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.7%).

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

In 2022, after two years of growth, there was significant decline in purchases abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -95.8% to 43 kg. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 17,117% against the previous year. As a result, imports reached the peak of 1 tons, and then contracted rapidly in the following year.

In value terms, imports of cereals; grain sorghum, other than seeds shrank sharply to $399 in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 12,902% against the previous year. As a result, imports attained the peak of $7.9K, and then dropped rapidly in the following year.

Import of Cereals; Grain Sorghum, Other than Seed in Finland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands0.16.60.4100.0%
United KingdomN/A0.7N/A0%
FranceN/A0.6N/A0%
ItalyN/AN/AN/A0%
OthersN/AN/AN/A0%
Total0.17.90.4100.0%

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

  1. Netherlands (41.0 kg)
  2. Italy (1.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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