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

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Luxembourg (FOB) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A0.20.1-50.0%
Belgium20.06.54.7N/A-51.5%
OthersN/AN/AN/AN/A0%
Total20.06.64.90.1-82.9%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Luxembourg in 2022:

  1. Netherlands (345.0 kg)

Source: IndexBox Market Intelligence Platform

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