Price for Cereals; Grain Sorghum, Other than Seed in Poland - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Poland (CIF) - 2023
- Price for Cereals; Grain Sorghum, Other than Seed in Poland (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Poland
- Exports of Cereals; Grain Sorghum, Other than Seed in Poland
Price for Cereals; Grain Sorghum, Other than Seed in Poland (CIF) - 2023
The average import price for cereals; grain sorghum, other than seeds stood at $376 per ton in August 2023, with an increase of 16% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 31% m-o-m. As a result, import price attained the peak level of $463 per ton. From July 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Ukraine ($324 per ton), while the price for Moldova ($269 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Other than Seed in Poland (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $469 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 33%. As a result, the export price attained the peak level of $581 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($544 per ton) and the UK ($541 per ton), while the average price for exports to Belgium ($418 per ton) and Germany ($467 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Other than Seed in Poland
In 2022, overseas purchases of cereals; grain sorghum, other than seeds decreased by -24.9% to 14K tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cereals; grain sorghum, other than seeds dropped dramatically to $4.2M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $5.1M, and then reduced dramatically in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 1,281 | 609 | 1,735 | 2,495 | 24.9% |
| Hungary | 1,795 | 2,820 | 2,389 | 968 | -18.6% |
| Slovakia | 23.5 | 48.3 | 229 | 287 | 130.3% |
| Russia | 286 | 224 | 515 | 176 | -14.9% |
| Moldova | 8.3 | N/A | 113 | 155 | 165.3% |
| Czech Republic | 8.0 | 6.4 | 6.7 | 72.5 | 108.5% |
| Others | 56.0 | 1.9 | 66.6 | 6.4 | -51.5% |
| Total | 3,458 | 3,709 | 5,053 | 4,159 | 6.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Poland in 2022:
- Ukraine (7.6K tons)
- Hungary (3.6K tons)
- Slovakia (1.0K tons)
- Russia (0.6K tons)
- Moldova (0.5K tons)
- Czech Republic (0.2K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Poland
In 2022, the amount of cereals; grain sorghum, other than seeds exported from Poland skyrocketed to 2K tons, picking up by 80% against the previous year's figure. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of cereals; grain sorghum, other than seeds skyrocketed to $953K in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 127% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 123 | 133 | 295 | 720 | 80.2% |
| United Kingdom | 2.4 | N/A | 10.6 | 76.7 | 217.3% |
| Belgium | 56.7 | 6.2 | 39.4 | 67.3 | 5.9% |
| Lithuania | 11.7 | 13.0 | 29.2 | 28.1 | 33.9% |
| Czech Republic | 2.9 | 30.7 | 40.9 | 22.2 | 97.1% |
| Hungary | 15.3 | N/A | 16.2 | 5.6 | -28.5% |
| Others | 8.3 | 23.8 | 35.9 | 32.8 | 58.1% |
| Total | 221 | 206 | 468 | 953 | 62.8% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Poland in 2022:
- Germany (1541.4 tons)
- Belgium (160.7 tons)
- United Kingdom (142.0 tons)
- Lithuania (54.1 tons)
- Czech Republic (40.8 tons)
- Hungary (28.0 tons)
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