Price for Cereals; Grain Sorghum, Other than Seed in Switzerland - 2024

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Switzerland (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Other than Seed in Switzerland (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Other than Seed in Switzerland
  4. Exports of Cereals; Grain Sorghum, Other than Seed in Switzerland

Price for Cereals; Grain Sorghum, Other than Seed in Switzerland (CIF) - 2022

In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $508 per ton, jumping by 22% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereals; grain sorghum, other than seeds increased by +86.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 41%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Italy ($3,306 per ton), while the price for France ($448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in Switzerland (FOB) - 2022

In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $6,333 per ton, flattening at the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2019 an increase of 24%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,500 per ton), while the average price for exports to Spain totaled $5,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+46.6%).

Imports of Cereals; Grain Sorghum, Other than Seed in Switzerland

In 2022, imports of cereals; grain sorghum, other than seeds into Switzerland dropped markedly to 65 tons, waning by -33.5% on the previous year. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 2.7% against the previous year.

In value terms, imports of cereals; grain sorghum, other than seeds declined significantly to $33K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $40K, and then contracted remarkably in the following year.

Import of Cereals; Grain Sorghum, Other than Seed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.010.820.522.440.9%
Ukraine1.01.61.77.797.5%
Netherlands0.82.11.31.420.5%
Italy7.60.20.30.2-70.3%
Germany6.61.24.90.1-75.3%
Hungary6.69.89.1N/A17.4%
Others1.42.22.80.9-13.7%
Total32.027.940.432.80.8%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Switzerland in 2022:

  1. France (50.1 tons)
  2. Ukraine (11.3 tons)
  3. Netherlands (2.0 tons)
  4. Germany (0.2 tons)
  5. Italy (0.1 tons)

Exports of Cereals; Grain Sorghum, Other than Seed in Switzerland

In 2022, after two years of decline, there was decline in shipments abroad of cereals; grain sorghum, other than seeds, when their volume decreased by 0% to 9 kg. Over the period under review, exports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of cereals; grain sorghum, other than seeds amounted to $57 in 2022. Overall, exports showed a perceptible curtailment. The smallest decline of 99.9% was in 2020.

Export of Cereals; Grain Sorghum, Other than Seed in Switzerland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.0N/AN/A52.0273.3%
SpainN/AN/AN/A5.00%
Austria1.0N/AN/AN/A0%
Israel61.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total63.0N/AN/A57.0-3.3%

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

  1. Germany (8.0 kg)
  2. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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