Price for Cereals; Grain Sorghum, Seed in Latvia - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Latvia (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Latvia
Price for Cereals; Grain Sorghum, Seed in Latvia (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $2,159 per ton in 2022, reducing by -8.8% against the previous year. In general, the import price recorded a pronounced reduction. The import price peaked at $3,221 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,160 per ton), while the price for the Netherlands stood at $833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-28.7%).
Imports of Cereals; Grain Sorghum, Seed in Latvia
In 2022, cereals; grain sorghum, seed imports into Latvia skyrocketed to 25 tons, rising by 327% against the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed imports skyrocketed to $55K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Grain Sorghum, Seed in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United States | N/A | 54.7 | 0% | ||
Netherlands | 14.1 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 14.1 | 54.7 | 287.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Latvia in 2022:
- Netherlands (undefined tons)
- United States (25.3 tons)
This report provides an in-depth analysis of the sorghum market in Latvia.
This report provides an in-depth analysis of the cereal market in Latvia.
This report provides an in-depth analysis of the grain market in Latvia.
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 Latvia.
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.