Price for Cereals; Grain Sorghum, Other than Seed in Ireland - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Ireland (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Ireland
Price for Cereals; Grain Sorghum, Other than Seed in Ireland (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $1,044 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of 103%. The import price peaked at $1,350 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($2,349 per ton), while the price for the UK ($705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Other than Seed in Ireland
In 2022, overseas purchases of cereals; grain sorghum, other than seeds decreased by -5.9% to 27 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 87% against the previous year. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereals; grain sorghum, other than seeds shrank slightly to $28K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 278%. As a result, imports attained the peak of $44K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereals; Grain Sorghum, Other than Seed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.7 | 7.9 | 14.5 | 13.5 | 4.9% |
| France | N/A | 36.0 | N/A | 7.0 | -55.9% |
| India | N/A | N/A | 4.4 | 4.9 | 11.4% |
| Germany | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| Others | N/A | 0.4 | 10.4 | 0.3 | -13.4% |
| Total | 11.7 | 44.3 | 29.5 | 28.1 | 33.9% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Ireland in 2022:
- United Kingdom (19.2 tons)
- France (4.0 tons)
- India (2.6 tons)
- Germany (1.0 tons)
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