Price for Cereals; Grain Sorghum, Other than Seed in Indonesia - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Indonesia (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Indonesia
Price for Cereals; Grain Sorghum, Other than Seed in Indonesia (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $173 per ton in 2022, shrinking by -5.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $344 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +5.7% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Indonesia
In 2022, the amount of cereals; grain sorghum, other than seeds imported into Indonesia fell rapidly to 278 kg, dropping by 99.9% compared with the previous year's figure. In general, imports faced a significant decrease. The smallest decline of -0.7% was in 2020.
In value terms, imports of cereals; grain sorghum, other than seeds dropped notably to $48 in 2022. Overall, imports recorded a precipitous slump. The smallest decline of -5.6% was in 2020.
Import of Cereals; Grain Sorghum, Other than Seed in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1,189 | 1,128 | 1,067 | N/A | -5.3% |
Others | 18.0 | 11.3 | 8.7 | N/A | -30.5% |
Total | 1,207 | 1,139 | 1,075 | N/A | -5.6% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Indonesia in 2022:
- Australia (278.0 kg)
This report provides an in-depth analysis of the sorghum market in Indonesia.
This report provides an in-depth analysis of the cereal market in Indonesia.
This report provides an in-depth analysis of the grain market in Indonesia.
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 Indonesia.
This report provides an in-depth analysis of the global sorghum market.
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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.
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.
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.