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

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in Ukraine (FOB) - 2023
  2. Exports of Cereals; Grain Sorghum, Other than Seed in Ukraine

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

In August 2023, the average export price for cereals; grain sorghum, other than seeds amounted to $263 per ton, remaining constant against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in February 2023 an increase of 29% month-to-month. Over the period under review, the average export prices attained the maximum at $264 per ton in July 2023, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($359 per ton), while the average price for exports to Iraq ($151 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cereals; grain sorghum, other than seeds exported from Ukraine soared to 71K tons, picking up by 33% on 2021. Overall, exports, however, faced a abrupt shrinkage.

In value terms, exports of cereals; grain sorghum, other than seeds surged to $17M in 2022. Over the period under review, exports, however, continue to indicate a pronounced descent.

Export of Cereals; Grain Sorghum, Other than Seed in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel1.14.93.53.851.2%
Spain4.97.43.43.0-15.1%
Poland1.20.61.12.222.4%
Turkey2.82.11.52.1-9.1%
Italy5.91.81.11.6-35.3%
Iraq0.10.10.51.1122.4%
Taiwan (Chinese)1.01.10.20.5-20.6%
China0.70.70.30.1-47.7%
Others1.92.21.82.813.8%
Total19.520.813.217.1-4.3%

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

  1. Israel (15.9K tons)
  2. Spain (11.6K tons)
  3. Turkey (10.5K tons)
  4. Iraq (7.7K tons)
  5. Poland (7.1K tons)
  6. Italy (6.3K tons)
  7. Taiwan (Chinese) (2.6K tons)
  8. China (0.3K tons)

Source: IndexBox Market Intelligence Platform

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