Price for Cereals; Grain Sorghum, Seed in Kazakhstan - 2021
Contents:
- Price for Cereals; Grain Sorghum, Seed in Kazakhstan (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Kazakhstan
Price for Cereals; Grain Sorghum, Seed in Kazakhstan (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $2,938 per ton, rising by 63% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; grain sorghum, seed import price increased by +108.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Russia ($3,068 per ton), while the price for Tajikistan ($118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+17.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Grain Sorghum, Seed in Kazakhstan
In 2022, approx. 106 tons of cereals; grain sorghum, seeds were imported into Kazakhstan; rising by 184% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed imports soared to $310K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Grain Sorghum, Seed in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 31.0 | 59.0 | 63.8 | 296 | 112.2% |
United States | 13.5 | 15.2 | 2.7 | 13.2 | -0.7% |
Tajikistan | N/A | N/A | 0.1 | 0.5 | 400.0% |
Others | 0.8 | 0.8 | 0.6 | N/A | -13.4% |
Total | 45.3 | 75.0 | 67.2 | 310 | 89.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Kazakhstan in 2022:
- Russia (96.6 tons)
- United States (4.7 tons)
- Tajikistan (4.2 tons)
This report provides an in-depth analysis of the sorghum market in Kazakhstan.
This report provides an in-depth analysis of the cereal market in Kazakhstan.
This report provides an in-depth analysis of the grain market in Kazakhstan.
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 Kazakhstan.
This report provides an in-depth analysis of the global sorghum market.
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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.