Price for Cereals; Grain Sorghum, Seed in Hong Kong SAR - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Hong Kong SAR (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Hong Kong SAR
Price for Cereals; Grain Sorghum, Seed in Hong Kong SAR (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $5,047 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price faced a drastic downturn. The pace of growth was the most pronounced in 2016 when the average import price decreased by -31.3% against the previous year. The import price peaked at $15,549 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2014 to 2022, the rate of growth in terms of prices for Australia amounted to -46.1% per year.
Imports of Cereals; Grain Sorghum, Seed in Hong Kong SAR
In 2022, after two years of decline, there was decline in supplies from abroad of cereals; grain sorghum, seeds, when their volume decreased by 0% to 43 kg. In general, imports faced a sharp decline. The smallest decline of 99.9% was in 2020.
In value terms, cereals; grain sorghum, seed imports stood at $217 in 2022. Overall, imports saw a abrupt contraction. The smallest decline of 99.9% was in 2020.
Import of Cereals; Grain Sorghum, Seed in Hong Kong SAR (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 217 | 0% |
Belgium | 156 | N/A | N/A | N/A | 0% |
Others | 157 | N/A | N/A | N/A | 0% |
Total | 313 | N/A | N/A | 217 | -11.5% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Hong Kong SAR in 2022:
- India (43.0 kg)
This report provides an in-depth analysis of the sorghum market in Hong Kong SAR, China.
This report provides an in-depth analysis of the cereal market in Hong Kong SAR, China.
This report provides an in-depth analysis of the grain market in Hong Kong SAR, China.
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 Hong Kong SAR, China.
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.