Price for Cereals; Grain Sorghum, Seed in the Netherlands - 2023
Contents:
- Price for Cereals; Grain Sorghum, Seed in the Netherlands (CIF) - 2023
- Price for Cereals; Grain Sorghum, Seed in the Netherlands (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in the Netherlands
- Exports of Cereals; Grain Sorghum, Seed in the Netherlands
Price for Cereals; Grain Sorghum, Seed in the Netherlands (CIF) - 2023
The average cereals; grain sorghum, seed import price stood at $1,031 per ton in May 2023, rising by 109% against the previous month. In general, the import price posted slight growth. Over the period under review, average import prices hit record highs at $1,057 per ton in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($1,568 per ton), while the price for Belgium ($434 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in the Netherlands (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $839 per ton in 2022, dropping by -40.7% against the previous year. Over the period under review, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 137%. The export price peaked at $1,416 per ton in 2021, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,014 per ton), while the average price for exports to Belgium ($581 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 the UK (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Grain Sorghum, Seed in the Netherlands
In 2022, supplies from abroad of cereals; grain sorghum, seeds decreased by -55.4% to 4.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed notable growth. The growth pace was the most rapid in 2020 when imports increased by 88% against the previous year.
In value terms, cereals; grain sorghum, seed imports shrank sharply to $2.8M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year.
| Import of Cereals; Grain Sorghum, Seed in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 840 | 733 | 778 | 1,144 | 10.8% |
| United States | 143 | 225 | 1,223 | 1,007 | 91.7% |
| Belgium | 162 | 548 | 749 | 249 | 15.4% |
| Italy | N/A | 1.0 | 96.9 | 172 | 1211.5% |
| Germany | 15.3 | 1,086 | 1,299 | 24.5 | 17.0% |
| Others | 26.3 | 307 | 602 | 193 | 94.3% |
| Total | 1,187 | 2,901 | 4,749 | 2,789 | 32.9% |
Top Suppliers of Cereals; Grain Sorghum, Seed to the Netherlands in 2022:
- France (3308.5 tons)
- Belgium (674.4 tons)
- United States (427.4 tons)
- Italy (87.7 tons)
- Germany (63.5 tons)
Exports of Cereals; Grain Sorghum, Seed in the Netherlands
In 2022, cereals; grain sorghum, seed exports from the Netherlands skyrocketed to 1.8K tons, with an increase of 40% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 257%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports declined dramatically to $1.6M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 520% against the previous year. As a result, the exports reached the peak of $1.9M, and then declined remarkably in the following year.
| Export of Cereals; Grain Sorghum, Seed in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.5 | 155 | 945 | 1,030 | 565.2% |
| Germany | 54.0 | 21.3 | 309 | 321 | 81.1% |
| United Kingdom | N/A | N/A | 13.8 | 98.7 | 615.2% |
| Belgium | 44.6 | 109 | 37.6 | 59.9 | 10.3% |
| Denmark | 15.2 | 9.4 | 9.1 | 11.8 | -8.1% |
| Russia | N/A | N/A | 532 | 6.1 | -98.9% |
| Others | 10.6 | 6.0 | 17.7 | 23.9 | 31.1% |
| Total | 128 | 301 | 1,864 | 1,551 | 129.7% |
Top Export Markets for Cereals; Grain Sorghum, Seed from the Netherlands in 2022:
- France (1261.2 tons)
- Germany (328.4 tons)
- Belgium (103.2 tons)
- United Kingdom (97.4 tons)
- Denmark (18.2 tons)
- Russia (1.4 tons)
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