Price for Cereals; Grain Sorghum, Seed in Russia - 2021

Contents:

  1. Price for Cereals; Grain Sorghum, Seed in Russia (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Seed in Russia (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Seed in Russia
  4. Exports of Cereals; Grain Sorghum, Seed in Russia

Price for Cereals; Grain Sorghum, Seed in Russia (CIF) - 2022

In 2022, the average cereals; grain sorghum, seed import price amounted to $2,883 per ton, declining by -8.5% against the previous year. Overall, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 21%. As a result, import price attained the peak level of $5,647 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,236 per ton), while the price for Argentina ($1,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.0%), while the prices for the other major suppliers experienced a decline.

Price for Cereals; Grain Sorghum, Seed in Russia (FOB) - 2022

In 2022, the average cereals; grain sorghum, seed export price amounted to $886 per ton, which is down by -53% against the previous year. In general, the export price showed a deep setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 98%. The export price peaked at $2,879 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($2,055 per ton), while the average price for exports to Belarus ($548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-3.1%), while the prices for the other major destinations experienced a decline.

Imports of Cereals; Grain Sorghum, Seed in Russia

Cereals; grain sorghum, seed imports into Russia reduced sharply to 326 tons in 2022, falling by -27.8% on the year before. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 164%. As a result, imports attained the peak of 451 tons, and then reduced dramatically in the following year.

In value terms, cereals; grain sorghum, seed imports contracted sharply to $939K in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 212% against the previous year. As a result, imports reached the peak of $1.4M, and then reduced remarkably in the following year.

Import of Cereals; Grain Sorghum, Seed in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23646.51,2072957.7%
Spain435N/AN/A269-14.8%
Argentina75.2232N/A57.0-8.8%
France35.110221452.414.3%
Australia6.8N/AN/A13.124.4%
Others0.275.10.4252980.1%
Total7884561,4219396.0%

Top Suppliers of Cereals; Grain Sorghum, Seed to Russia in 2022:

  1. United States (137.5 tons)
  2. Spain (37.2 tons)
  3. Argentina (35.1 tons)
  4. France (19.8 tons)
  5. Australia (3.6 tons)

Exports of Cereals; Grain Sorghum, Seed in Russia

In 2022, approx. 175 tons of cereals; grain sorghum, seeds were exported from Russia; jumping by 357% on 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,111% against the previous year. As a result, the exports attained the peak of 251 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereals; grain sorghum, seed exports soared to $155K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 368% against the previous year. As a result, the exports attained the peak of $239K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cereals; Grain Sorghum, Seed in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus4.279.6N/A70.1155.6%
Kazakhstan44.238.165.757.69.2%
Ukraine2.586.06.627.7122.9%
GermanyN/A7.1N/AN/A0%
United Arab EmiratesN/A27.3N/AN/A0%
OthersN/A0.4N/AN/A0%
Total51.023972.415544.9%

Top Export Markets for Cereals; Grain Sorghum, Seed from Russia in 2022:

  1. Belarus (128.0 tons)
  2. Kazakhstan (33.9 tons)
  3. Ukraine (13.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; grain sorghum, seed - Russia