Price for Cereals; Grain Sorghum, Seed in Morocco - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Morocco (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Morocco
Price for Cereals; Grain Sorghum, Seed in Morocco (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $837 per ton in 2022, with a decrease of -8.6% against the previous year. Over the last seven-year period, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $916 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,742 per ton), while the price for Argentina ($601 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in Morocco
In 2022, approx. 935 tons of cereals; grain sorghum, seeds were imported into Morocco; growing by 120% on 2021. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed imports surged to $783K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 107%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Cereals; Grain Sorghum, Seed in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 79.8 | 219 | 231 | 390 | 69.7% |
Argentina | 127 | 319 | 81.9 | 242 | 24.0% |
France | 46.6 | 12.9 | 31.7 | 71.1 | 15.1% |
United States | 27.6 | 32.1 | 25.6 | 23.1 | -5.8% |
Others | 1.2 | 2.1 | 18.8 | 56.6 | 261.3% |
Total | 283 | 585 | 388 | 783 | 40.4% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Morocco in 2022:
- South Africa (495.3 tons)
- Argentina (402.1 tons)
- France (15.0 tons)
- United States (11.6 tons)
This report provides an in-depth analysis of the sorghum market in Morocco.
This report provides an in-depth analysis of the cereal market in Morocco.
This report provides an in-depth analysis of the grain market in Morocco.
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 Morocco.
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.
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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.