Price for Cereals; Grain Sorghum, Other than Seed in Serbia - 2024
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Serbia (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Serbia (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Serbia
- Exports of Cereals; Grain Sorghum, Other than Seed in Serbia
Price for Cereals; Grain Sorghum, Other than Seed in Serbia (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $343 per ton, surging by 7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, average import prices reached the peak figure at $349 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($364 per ton), while the price for Hungary stood at $342 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in Serbia (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $416 per ton in 2022, increasing by 31% against the previous year. Overall, the export price, however, faced a sharp setback. The growth pace was the most rapid in 2017 an increase of 84%. Over the period under review, the average export prices hit record highs at $11,180 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Montenegro ($424 per ton) and North Macedonia ($417 per ton), while the average price for exports to Albania ($400 per ton) and Bosnia and Herzegovina ($414 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Other than Seed in Serbia
In 2022, purchases abroad of cereals; grain sorghum, other than seeds decreased by -54.8% to 473 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 308%. As a result, imports reached the peak of 1K tons, and then fell markedly in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds contracted remarkably to $162K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 596% against the previous year. As a result, imports reached the peak of $336K, and then shrank rapidly in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 14.2 | 48.2 | 221 | 157 | 122.8% |
| Czech Republic | N/A | N/A | N/A | 5.5 | 0% |
| Ukraine | N/A | N/A | 114 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.2 | 48.2 | 336 | 162 | 125.1% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Serbia in 2022:
- Hungary (458.0 tons)
- Czech Republic (15.2 tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Serbia
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; grain sorghum, other than seeds, when their volume decreased by -62.3% to 11 tons. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 257%. As a result, the exports attained the peak of 30 tons, and then declined rapidly in the following year.
In value terms, exports of cereals; grain sorghum, other than seeds contracted significantly to $4.7K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 304%. As a result, the exports attained the peak of $9.5K, and then fell sharply in the following year.
| Export of Cereals; Grain Sorghum, Other than Seed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 0.4 | 0.9 | 7.4 | 2.7 | 89.0% |
| Bosnia and Herzegovina | 1.3 | 1.3 | 1.4 | 1.6 | 7.2% |
| Albania | 0.1 | N/A | 0.6 | 0.2 | 26.0% |
| Montenegro | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.8 | 2.4 | 9.5 | 4.7 | 37.7% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Serbia in 2022:
- North Macedonia (6.5 tons)
- Bosnia and Herzegovina (3.8 tons)
- Albania (0.5 tons)
- Montenegro (0.5 tons)
366
This report provides an in-depth analysis of the sorghum market in Serbia.
409
This report provides an in-depth analysis of the cereal market in Serbia.
577
This report provides an in-depth analysis of the grain market in Serbia.
4017
This report provides an in-depth analysis of the global sorghum market.
3687
This report provides an in-depth analysis of the global cereal market.
3968
This report provides an in-depth analysis of the global grain market.
366
This report provides an in-depth analysis of the sorghum market in Serbia.
4017
This report provides an in-depth analysis of the global sorghum market.
281
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.
1318
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.
3799
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2789
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3149
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1319
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.
427
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.
271
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.
281
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.
1318
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.
