Price for Cereals; Grain Sorghum, Other than Seed in Luxembourg - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Luxembourg (FOB) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Luxembourg
Price for Cereals; Grain Sorghum, Other than Seed in Luxembourg (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $357 per ton, picking up by 26% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 27%. As a result, the export price attained the peak level of $500 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.7% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Luxembourg
In 2022, approx. 345 kg of cereals; grain sorghum, other than seeds were exported from Luxembourg; which is down by -98% against the previous year. Overall, exports continue to indicate a precipitous decline. The smallest decline of -24.1% was in 2021.
In value terms, exports of cereals; grain sorghum, other than seeds fell rapidly to $123 in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -25.3% was in 2021.
Export of Cereals; Grain Sorghum, Other than Seed in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | 0.2 | 0.1 | -50.0% |
Belgium | 20.0 | 6.5 | 4.7 | N/A | -51.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 20.0 | 6.6 | 4.9 | 0.1 | -82.9% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Luxembourg in 2022:
- Netherlands (345.0 kg)
This report provides an in-depth analysis of the sorghum market in Luxembourg.
This report provides an in-depth analysis of the cereal market in Luxembourg.
This report provides an in-depth analysis of the grain market in Luxembourg.
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 Luxembourg.
This report provides an in-depth analysis of the global sorghum market.
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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.
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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.