Price for Cereals; Grain Sorghum, Other than Seed in Russia - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Russia (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Russia (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in Russia
- Imports of Cereals; Grain Sorghum, Other than Seed in Russia
Price for Cereals; Grain Sorghum, Other than Seed in Russia (FOB) - 2022
In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $315 per ton, surging by 5.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 32%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($502 per ton), while the average price for exports to Italy ($285 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 Jordan (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Other than Seed in Russia (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $1,501 per ton in 2021, stabilizing at the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 158%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2013 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to +158.5% per year.
Exports of Cereals; Grain Sorghum, Other than Seed in Russia
In 2022, approx. 29K tons of cereals; grain sorghum, other than seeds were exported from Russia; increasing by 582% compared with the previous year. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $9.2M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 4,212 | 0% |
| Israel | 655 | 630 | 34.0 | 2,220 | 50.2% |
| Tanzania | N/A | N/A | N/A | 784 | 0% |
| Turkey | N/A | N/A | N/A | 731 | 0% |
| Spain | N/A | N/A | N/A | 692 | 0% |
| Poland | 286 | 226 | 519 | 177 | -14.8% |
| Jordan | N/A | 23.5 | 169 | 160 | 160.9% |
| Germany | 142 | 273 | 184 | 130 | -2.9% |
| Philippines | N/A | 187 | N/A | N/A | 0% |
| Others | 231 | 293 | 369 | 101 | -24.1% |
| Total | 1,314 | 1,633 | 1,275 | 9,206 | 91.3% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Russia in 2022:
- Italy (14.8K tons)
- Israel (6.3K tons)
- Turkey (2.5K tons)
- Spain (2.3K tons)
- Tanzania (1.6K tons)
- Poland (0.6K tons)
- Jordan (0.5K tons)
- Germany (0.4K tons)
Imports of Cereals; Grain Sorghum, Other than Seed in Russia
In 2021, the amount of cereals; grain sorghum, other than seeds imported into Russia totaled 7.5 tons, approximately equating the previous year. Overall, imports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2021 and are likely to continue growth in years to come.
In value terms, imports of cereals; grain sorghum, other than seeds stood at $11K in 2021. In general, imports posted a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Grain Sorghum, Other than Seed in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 10.8 | 0% | |
| Others | N/A | N/A | 0.6 | 0% | |
| Total | N/A | N/A | 11.3 | 0% | |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Russia in 2022:
- United Arab Emirates (7.5 tons)
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