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

Contents:

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

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

In 2022, the average cereals; grain sorghum, seed export price amounted to $1,550 per ton, shrinking by -22.9% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 868% against the previous year. The export price peaked at $6,287 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($4,074 per ton), while the average price for exports to Venezuela ($1,392 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 Paraguay (+2.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average cereals; grain sorghum, seed import price amounted to $2,707 per ton, increasing by 21% against the previous year. In general, the import price showed a moderate expansion. The pace of growth was the most pronounced in 2013 an increase of 517% against the previous year. As a result, import price attained the peak level of $11,020 per ton. From 2014 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 the United States ($2,266 per ton), while the price for Argentina totaled $1,404 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+7.9%), while the prices for the other major suppliers experienced a decline.

Exports of Cereals; Grain Sorghum, Seed in Brazil

Cereals; grain sorghum, seed exports from Brazil soared to 946 tons in 2022, increasing by 536% against the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,449%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereals; grain sorghum, seed exports soared to $1.5M in 2022. In general, exports enjoyed a significant expansion.

Export of Cereals; Grain Sorghum, Seed in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia7171,29470.91,11715.9%
Paraguay92.910916617523.5%
VenezuelaN/A47.748.512058.6%
JapanN/A1,850N/AN/A0%
Others37.05.313.553.513.1%
Total8473,3062991,46520.0%

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

  1. Bolivia (802.1 tons)
  2. Venezuela (86.3 tons)
  3. Paraguay (42.9 tons)

Imports of Cereals; Grain Sorghum, Seed in Brazil

In 2022, approx. 215 tons of cereals; grain sorghum, seeds were imported into Brazil; growing by 305% on the previous year's figure. Overall, imports, however, faced a deep contraction.

In value terms, cereals; grain sorghum, seed imports skyrocketed to $581K in 2022. In general, imports, however, showed a dramatic curtailment.

Import of Cereals; Grain Sorghum, Seed in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.178.375.1394610.2%
Argentina63.697.843.353.5-5.6%
Bolivia1,1942,165N/AN/A81.3%
OthersN/AN/AN/A1330%
Total1,2592,341118581-22.7%

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

  1. United States (174.0 tons)
  2. Argentina (38.1 tons)

Source: IndexBox Market Intelligence Platform

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