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

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in the Netherlands (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Other than Seed in the Netherlands (FOB) - 2023
  3. Imports of Cereals; Grain Sorghum, Other than Seed in the Netherlands
  4. Exports of Cereals; Grain Sorghum, Other than Seed in the Netherlands

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

In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $337 per ton, reducing by -22.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 99%. As a result, import price attained the peak level of $436 per ton, and then shrank remarkably in the following year.

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 Argentina ($55,000 per ton), while the price for Moldova ($282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+65.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in the Netherlands (FOB) - 2023

The average export price for cereals; grain sorghum, other than seeds stood at $832 per ton in August 2023, rising by 74% against the previous month. Overall, the export price enjoyed a mild increase. The export price peaked at $969 per ton in December 2022; however, from January 2023 to August 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In August 2023, the country with the highest price was Trinidad and Tobago ($1,774 per ton), while the average price for exports to the UK ($1,205 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Grain Sorghum, Other than Seed in the Netherlands

Imports of cereals; grain sorghum, other than seeds into the Netherlands contracted to 8.6K tons in 2022, remaining relatively unchanged against the year before. Overall, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 22%.

In value terms, imports of cereals; grain sorghum, other than seeds shrank rapidly to $2.9M in 2022. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 144%. As a result, imports attained the peak of $3.8M, and then declined notably in the following year.

Import of Cereals; Grain Sorghum, Other than Seed in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,8211,1188022,0474.0%
Germany44.31031,411372103.3%
IndiaN/A0.571.01361549.2%
Italy52.57.649.912232.5%
Belgium59.342.437679.010.0%
MoldovaN/AN/AN/A38.00%
Sudan29541.4N/A10.2-67.4%
Russia12310473.47.2-61.2%
Others40.312397472.121.4%
Total2,4351,5403,7572,8845.8%

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

  1. France (6270.9 tons)
  2. Germany (1066.1 tons)
  3. Italy (355.0 tons)
  4. India (250.3 tons)
  5. Belgium (233.6 tons)
  6. Moldova (134.8 tons)
  7. Sudan (21.7 tons)
  8. Russia (21.5 tons)

Exports of Cereals; Grain Sorghum, Other than Seed in the Netherlands

In 2022, approx. 3.9K tons of cereals; grain sorghum, other than seeds were exported from the Netherlands; shrinking by -25.6% on the previous year's figure. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 290% against the previous year. As a result, the exports attained the peak of 5.2K tons, and then fell markedly in the following year.

In value terms, exports of cereals; grain sorghum, other than seeds expanded rapidly to $2.5M in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 222%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cereals; Grain Sorghum, Other than Seed in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5143611,7221,70449.1%
France34.035.917314963.6%
Germany18371.937.5109-15.9%
United Kingdom11.757.727.8102105.8%
Spain0.40.33.989.1506.2%
Sweden35.314765.571.726.6%
Poland0.10.251.264.7764.9%
Others35.939.421425893.0%
Total8147132,2962,54846.3%

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

  1. Belgium (2842.1 tons)
  2. France (196.2 tons)
  3. United Kingdom (141.8 tons)
  4. Spain (140.9 tons)
  5. Germany (137.7 tons)
  6. Poland (69.9 tons)
  7. Sweden (59.0 tons)

Source: IndexBox Market Intelligence Platform

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