Price for Cereals; Grain Sorghum, Other than Seed in Sweden - 2023
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Sweden (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Sweden (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Sweden
- Exports of Cereals; Grain Sorghum, Other than Seed in Sweden
Price for Cereals; Grain Sorghum, Other than Seed in Sweden (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $3,180 per ton, rising by 59% against the previous year. In general, the import price recorded prominent growth. The growth pace was the most rapid in 2020 an increase of 361%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 the Netherlands ($3,322 per ton), while the price for Estonia totaled $2,207 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.5%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Grain Sorghum, Other than Seed in Sweden (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $3,238 per ton in 2022, waning by -95.4% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price decreased by -22.1%. Over the period under review, the average export prices hit record highs at $70,500 per ton in 2021, and then dropped markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +67.8% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Sweden
In 2022, approx. 1.9 tons of cereals; grain sorghum, other than seeds were imported into Sweden; waning by -75.4% against 2021 figures. Over the period under review, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 199% against the previous year. As a result, imports attained the peak of 7.6 tons, and then shrank significantly in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds dropped sharply to $6K in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 134%.
| Import of Cereals; Grain Sorghum, Other than Seed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 4.8 | 3.0 | 5.1 | 3.1% |
| Estonia | N/A | N/A | 3.7 | 0.7 | -81.1% |
| Kenya | 1.2 | N/A | N/A | N/A | 0% |
| Uganda | N/A | 1.5 | 6.6 | N/A | 340.0% |
| India | N/A | N/A | 1.0 | N/A | 0% |
| Tanzania | N/A | N/A | 0.4 | N/A | 0% |
| Denmark | 1.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.6 | 0.1 | -42.3% |
| Total | 2.9 | 6.7 | 15.3 | 6.0 | 27.4% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Sweden in 2022:
- Netherlands (1533.0 kg)
- Estonia (323.0 kg)
- India (6.0 kg)
Exports of Cereals; Grain Sorghum, Other than Seed in Sweden
In 2022, approx. 143 kg of cereals; grain sorghum, other than seeds were exported from Sweden; jumping by 2,283% on 2021. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; grain sorghum, other than seeds reached $463 in 2022. The total export value increased at an average annual rate of +9.5% from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Sweden (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 423 | 463 | 9.5% | ||
| Others | N/A | N/A | 0% | ||
| Total | 423 | 463 | 9.5% | ||
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Sweden in 2022:
- Netherlands (143.0 kg)
537
This report provides an in-depth analysis of the sorghum market in Sweden.
812
This report provides an in-depth analysis of the cereal market in Sweden.
755
This report provides an in-depth analysis of the grain market in Sweden.
4234
This report provides an in-depth analysis of the global sorghum market.
3851
This report provides an in-depth analysis of the global cereal market.
4234
This report provides an in-depth analysis of the global grain market.
537
This report provides an in-depth analysis of the sorghum market in Sweden.
4234
This report provides an in-depth analysis of the global sorghum market.
315
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.
3912
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2836
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3226
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1352
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.
496
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.
325
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.
315
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.
