Price for Cereals; Grain Sorghum, Seed in Panama - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Panama (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Panama
Price for Cereals; Grain Sorghum, Seed in Panama (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $4,045 per ton, growing by 14% against the previous year. Overall, import price indicated resilient growth from 2017 to 2022: its price increased at an average annual rate of +15.1% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; grain sorghum, seed import price increased by +102.2% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,101 per ton), while the price for Bolivia stood at $1,500 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.4%).
Imports of Cereals; Grain Sorghum, Seed in Panama
In 2022, the amount of cereals; grain sorghum, seeds imported into Panama skyrocketed to 21 tons, with an increase of 136% against 2021 figures. In general, imports, however, saw a abrupt slump.
In value terms, cereals; grain sorghum, seed imports skyrocketed to $86K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
Import of Cereals; Grain Sorghum, Seed in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 88.0 | 128 | 32.2 | 85.6 | -0.9% |
Bolivia | N/A | N/A | N/A | 0.7 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 88.0 | 128 | 32.2 | 86.3 | -0.6% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Panama in 2022:
- United States (20.9 tons)
- Bolivia (0.5 tons)
This report provides an in-depth analysis of the sorghum market in Panama.
This report provides an in-depth analysis of the cereal market in Panama.
This report provides an in-depth analysis of the grain market in Panama.
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 Panama.
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.