Price for Cereals; Grain Sorghum, Seed in Luxembourg - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Luxembourg (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Luxembourg
Price for Cereals; Grain Sorghum, Seed in Luxembourg (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $2,454 per ton in 2022, almost unchanged from the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 32%. As a result, import price reached the peak level of $3,472 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,955 per ton), while the price for the Netherlands ($1,382 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Grain Sorghum, Seed in Luxembourg
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -20.1% to 1.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 301% against the previous year. As a result, imports attained the peak of 2.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; grain sorghum, seed imports contracted markedly to $3.6K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 257% against the previous year. As a result, imports attained the peak of $5.4K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Cereals; Grain Sorghum, Seed in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.2 | 2.8 | 3.1 | 2.0 | 115.4% |
Netherlands | 1.1 | N/A | N/A | 0.5 | -23.1% |
Germany | 0.1 | 2.1 | 0.9 | 0.5 | 71.0% |
Belgium | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 1.5 | 5.4 | 4.5 | 3.6 | 33.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Luxembourg in 2022:
- France (848.0 kg)
- Netherlands (350.0 kg)
- Belgium (137.0 kg)
- Germany (105.0 kg)
This report provides an in-depth analysis of the sorghum market in Luxembourg.
This report provides an in-depth analysis of the cereal market in Luxembourg.
This report provides an in-depth analysis of the grain market in Luxembourg.
This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in Luxembourg.
This report provides an in-depth analysis of the global sorghum market.
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.
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.
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Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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.
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.
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.
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.
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.