Price for Cereals; Grain Sorghum, Other than Seed in Panama - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Panama (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Panama
Price for Cereals; Grain Sorghum, Other than Seed in Panama (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $337 per ton, approximately reflecting the previous year. Overall, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 95%. Over the period under review, average import prices attained the maximum at $1,050 per ton in 2012; however, from 2013 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 China ($1,044 per ton), while the price for the United States totaled $211 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%).
Imports of Cereals; Grain Sorghum, Other than Seed in Panama
After two years of decline, purchases abroad of cereals; grain sorghum, other than seeds increased by 60% to 84 tons in 2022. In general, imports, however, faced a dramatic descent.
In value terms, imports of cereals; grain sorghum, other than seeds surged to $28K in 2022. Overall, imports, however, continue to indicate a sharp descent.
| Import of Cereals; Grain Sorghum, Other than Seed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.3 | 21.8 | 6.1 | 15.0 | -34.1% |
| China | 9.1 | 15.0 | 11.6 | 13.3 | 13.5% |
| Brazil | N/A | 2.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.4 | 38.9 | 17.7 | 28.3 | -22.8% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Panama in 2022:
- United States (71.2 tons)
- China (12.8 tons)
493
This report provides an in-depth analysis of the sorghum market in Panama.
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This report provides an in-depth analysis of the cereal market in Panama.
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This report provides an in-depth analysis of the grain market in Panama.
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This report provides an in-depth analysis of the global sorghum market.
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This report provides an in-depth analysis of the global cereal market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the sorghum market in Panama.
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This report provides an in-depth analysis of the global sorghum market.
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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.
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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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Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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Baijiu (pronounced "bye-joe") is a Chinese fermented sorghum spirit that is often mixed with glutinous rice, millet, wheat, or corn. A staple alcoholic beverage in China, baijiu liquor will soon be splashing into the U.S. 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.
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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.
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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.
1414
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.
