Price for Cereals; Grain Sorghum, Seed in Russia - 2021
Contents:
- Price for Cereals; Grain Sorghum, Seed in Russia (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Russia (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Russia
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 236 | 46.5 | 1,207 | 295 | 7.7% |
Spain | 435 | N/A | N/A | 269 | -14.8% |
Argentina | 75.2 | 232 | N/A | 57.0 | -8.8% |
France | 35.1 | 102 | 214 | 52.4 | 14.3% |
Australia | 6.8 | N/A | N/A | 13.1 | 24.4% |
Others | 0.2 | 75.1 | 0.4 | 252 | 980.1% |
Total | 788 | 456 | 1,421 | 939 | 6.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Russia in 2022:
- United States (137.5 tons)
- Spain (37.2 tons)
- Argentina (35.1 tons)
- France (19.8 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 4.2 | 79.6 | N/A | 70.1 | 155.6% |
Kazakhstan | 44.2 | 38.1 | 65.7 | 57.6 | 9.2% |
Ukraine | 2.5 | 86.0 | 6.6 | 27.7 | 122.9% |
Germany | N/A | 7.1 | N/A | N/A | 0% |
United Arab Emirates | N/A | 27.3 | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 51.0 | 239 | 72.4 | 155 | 44.9% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Russia in 2022:
- Belarus (128.0 tons)
- Kazakhstan (33.9 tons)
- Ukraine (13.5 tons)
This report provides an in-depth analysis of the sorghum market in the Russian Federation.
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This report provides an in-depth analysis of the sorghum market in the Russian Federation.
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