Price for Cereals; Grain Sorghum, Seed in Croatia - 2023

Contents:

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

Price for Cereals; Grain Sorghum, Seed in Croatia (CIF) - 2022

The average cereals; grain sorghum, seed import price stood at $3,152 per ton in 2022, falling by -10.2% against the previous year. Overall, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2014 an increase of 60%. The import price peaked at $9,382 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($11,169 per ton), while the price for Germany ($2,201 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Seed in Croatia (FOB) - 2022

In 2022, the average cereals; grain sorghum, seed export price amounted to $12,520 per ton, waning by -2.7% against the previous year. Over the period under review, the export price showed a noticeable contraction. The growth pace was the most rapid in 2019 when the average export price increased by 37%. The export price peaked at $15,528 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($15,911 per ton), while the average price for exports to the Netherlands ($365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Cereals; Grain Sorghum, Seed in Croatia

Cereals; grain sorghum, seed imports into Croatia skyrocketed to 66 tons in 2022, increasing by 32% compared with the previous year. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 254% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, cereals; grain sorghum, seed imports soared to $206K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Cereals; Grain Sorghum, Seed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.814.172.5112118.1%
France46.8N/A89.268.913.8%
Hungary23.2N/AN/A16.6-10.6%
Italy73.283.912.77.4-53.4%
Others0.1N/AN/A1.5146.6%
Total15498.017420610.2%

Top Suppliers of Cereals; Grain Sorghum, Seed to Croatia in 2022:

  1. Germany (50.9 tons)
  2. France (11.4 tons)
  3. Hungary (1.5 tons)
  4. Italy (1.5 tons)

Exports of Cereals; Grain Sorghum, Seed in Croatia

In 2022, exports of cereals; grain sorghum, seeds from Croatia shrank to 1.1 tons, declining by -12.5% on the previous year's figure. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year.

In value terms, cereals; grain sorghum, seed exports dropped to $14K in 2022. Overall, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports attained the peak of $17K, and then reduced in the following year.

Export of Cereals; Grain Sorghum, Seed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary10.7N/AN/A11.52.4%
Slovenia1.72.07.81.5-4.1%
Bosnia and Herzegovina3.45.68.91.2-29.3%
SerbiaN/A4.2N/AN/A0%
NetherlandsN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.711.716.714.2-3.3%

Top Export Markets for Cereals; Grain Sorghum, Seed from Croatia in 2022:

  1. Hungary (723.0 kg)
  2. Slovenia (161.0 kg)
  3. Bosnia and Herzegovina (135.0 kg)
  4. Netherlands (117.0 kg)

Source: IndexBox Market Intelligence Platform

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