Price for Cereals; Grain Sorghum, Seed in Japan - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in Japan (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Japan (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Japan
- Exports of Cereals; Grain Sorghum, Seed in Japan
Price for Cereals; Grain Sorghum, Seed in Japan (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $3,867 per ton in 2022, picking up by 43% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $3,926 per ton in 2019; afterwards, it flattened through to 2022.
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 France ($6,656 per ton), while the price for the United States amounted to $3,396 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Japan (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $28,103 per ton in 2022, surging by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 985%. Over the period under review, the average export prices hit record highs at $32,536 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Uruguay ($44,272 per ton), while the average price for exports to China totaled $1,467 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Grain Sorghum, Seed in Japan
In 2022, imports of cereals; grain sorghum, seeds into Japan fell rapidly to 44 tons, waning by -55.6% against 2021 figures. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of 100 tons, and then dropped dramatically in the following year.
In value terms, cereals; grain sorghum, seed imports dropped markedly to $172K in 2022. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. As a result, imports attained the peak of $270K, and then shrank sharply in the following year.
Import of Cereals; Grain Sorghum, Seed in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 109 | 7.2 | 136 | 129 | 5.8% |
France | 14.6 | 1.3 | 5.8 | 42.7 | 43.0% |
India | 70.0 | 7.8 | 50.6 | N/A | -15.0% |
Australia | 32.2 | 5.2 | 49.9 | N/A | 24.5% |
Brazil | N/A | 122 | N/A | N/A | 0% |
Others | 36.9 | 3.8 | 27.7 | N/A | -13.4% |
Total | 263 | 147 | 270 | 172 | -13.2% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Japan in 2022:
- United States (38.0 tons)
- France (6.4 tons)
Exports of Cereals; Grain Sorghum, Seed in Japan
In 2022, approx. 520 kg of cereals; grain sorghum, seeds were exported from Japan; which is down by -57.7% compared with 2021. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 40,833% against the previous year. As a result, the exports attained the peak of 1.2 tons, and then dropped significantly in the following year.
In value terms, cereals; grain sorghum, seed exports declined dramatically to $15K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 30,871%. As a result, the exports reached the peak of $29K, and then contracted dramatically in the following year.
Export of Cereals; Grain Sorghum, Seed in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uruguay | 0.7 | 0.1 | 0.7 | 13.3 | 166.8% |
China | N/A | N/A | N/A | 0.3 | 0% |
Ireland | 1.2 | N/A | N/A | N/A | 0% |
France | N/A | N/A | 14.1 | N/A | 0% |
Others | 0.1 | N/A | 14.3 | 1.0 | 115.4% |
Total | 2.0 | 0.1 | 29.1 | 14.6 | 94.0% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Japan in 2022:
- Uruguay (300.0 kg)
- China (214.0 kg)
This report provides an in-depth analysis of the sorghum market in Japan.
This report provides an in-depth analysis of the cereal market in Japan.
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This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
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This report provides an in-depth analysis of the sorghum market in Japan.
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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.