Price for Cereals; Grain Sorghum, Seed in Chile - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Chile (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Chile (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Chile
- Imports of Cereals; Grain Sorghum, Seed in Chile
Price for Cereals; Grain Sorghum, Seed in Chile (FOB) - 2022
In 2022, the average cereals; grain sorghum, seed export price amounted to $14,391 per ton, with an increase of 186% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($83,980 per ton), while the average price for exports to Germany amounted to $524 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+25.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Seed in Chile (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $61,932 per ton in 2022, rising by 661% against the previous year. In general, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +29.3% per year.
Exports of Cereals; Grain Sorghum, Seed in Chile
In 2022, cereals; grain sorghum, seed exports from Chile dropped notably to 1.1 tons, waning by -79.7% against the year before. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,088% against the previous year. As a result, the exports attained the peak of 5.3 tons, and then shrank notably in the following year.
In value terms, cereals; grain sorghum, seed exports shrank dramatically to $16K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,582%. As a result, the exports reached the peak of $27K, and then dropped notably in the following year.
Export of Cereals; Grain Sorghum, Seed in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.1 | 0.2 | 8.7 | 15.1 | 432.5% |
Germany | N/A | N/A | 0.2 | 0.5 | 150.0% |
United States | 0.3 | 0.2 | 4.8 | N/A | 300.0% |
Netherlands | N/A | N/A | 0.3 | N/A | 0% |
Others | 0.1 | 0.1 | 12.8 | N/A | 1031.4% |
Total | 0.5 | 0.5 | 26.8 | 15.6 | 214.8% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Chile in 2022:
- Germany (901.0 kg)
- France (180.0 kg)
Imports of Cereals; Grain Sorghum, Seed in Chile
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -99.2% to 9 kg, falling for the second year in a row after two years of growth. In general, imports showed a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year. As a result, imports attained the peak of 3.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; grain sorghum, seed imports shrank significantly to $588 in 2022. Over the period under review, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 99%.
Import of Cereals; Grain Sorghum, Seed in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.5 | 0.7 | 3.2 | 0.6 | 6.3% |
Argentina | N/A | 5.9 | N/A | N/A | 0% |
United States | 3.5 | 1.9 | 1.7 | N/A | -30.3% |
France | 0.3 | 0.4 | 1.8 | N/A | 144.9% |
Australia | 0.3 | 0.4 | 2.1 | N/A | 164.6% |
Others | 0.1 | 0.2 | 0.8 | N/A | 182.8% |
Total | 4.7 | 9.4 | 9.6 | 0.6 | -49.6% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Chile in 2022:
- Germany (9.0 kg)
This report provides an in-depth analysis of the sorghum market in Chile.
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This report provides an in-depth analysis of the sorghum market in Chile.
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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.