Chad: Sorghum Market 2020

Sorghum Market Size in Chad

The revenue of the sorghum market in Chad amounted to $X in 2018, going up by X% against the previous year. In general, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sorghum consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the sorghum market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Sorghum Production in Chad

In value terms, sorghum production stood at $X in 2018 estimated in export prices. Over the period under review, sorghum production continues to indicate strong growth. The pace of growth was the most pronounced in 2010 when production volume increased by X% year-to-year. Chad sorghum production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of sorghum in Chad stood at X kg per ha in 2018, increasing by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, the sorghum yield attained its peak level of X ton per ha. From 2013 to 2018, the growth of the sorghum yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of sorghum were harvested in Chad; jumping by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. In that year, the sorghum harvested area reached its peak level of X ha. From 2011 to 2018, the growth of the sorghum harvested area failed to regain its momentum.

Sorghum Exports

Exports by Country

In 2018, the U.S. (X tons) represented the key exporter of sorghum, comprising X% of total exports. Australia (X tons) occupied an X% share (based on tons) of total exports, which put it in second place, followed by Argentina (X%). France (X tons), Ukraine (X tons) and Afghanistan (X tons) followed a long way behind the leaders.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Afghanistan (+X%), Australia (+X%), Ukraine (+X%) and France (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Argentina (-X%) illustrated a downward trend over the same period. Australia (+X p.p.), Ukraine (+X p.p.), Afghanistan (+X p.p.) and France (+X p.p.) significantly strengthened its position in terms of the global exports, while Argentina and the U.S. saw its share reduced by -X% and -X% from 2007 to 2018, respectively.

In value terms, the U.S. ($X) remains the largest sorghum supplier from Chad, comprising X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In the U.S., sorghum exports shrank by an average annual rate of -X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+X% per year) and Argentina (-X% per year).

Export Prices by Country

The sorghum export price in Chad stood at $X per ton in 2018, approximately equating the previous year. Over the period under review, the sorghum export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Argentina ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Afghanistan, while the other leaders experienced more modest paces of growth.

Sorghum Imports

Imports into Chad

Sorghum imports into Chad stood at X tons in 2018, waning by -X% against the previous year. Over the period under review, sorghum imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, sorghum imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, sorghum imports totaled $X in 2018. Overall, sorghum imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, sorghum imports reached their peak of $X. From 2013 to 2018, the growth of sorghum imports failed to regain its momentum.

Imports by Country

China prevails in sorghum imports structure, accounting for X tons, which was near X% of total imports in 2018. Japan (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Spain (X%). The following importers - Mexico (X tons), Sudan (X tons), Djibouti (X tons), Kenya (X tons) and Somalia (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to sorghum imports into China stood at -X%. At the same time, Somalia (+X%), Djibouti (+X%), Sudan (+X%) and Kenya (+X%) displayed positive paces of growth. Moreover, Somalia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%), Spain (-X%) and Mexico (-X%) illustrated a downward trend over the same period. While the share of Sudan (+X p.p.), Djibouti (+X p.p.) and Somalia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.), Spain (-X p.p.), Mexico (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sorghum into Chad, comprising X% of global imports. The second position in the ranking was occupied by Sudan ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to -X%. In the other countries, the average annual rates were as follows: Sudan (+X% per year) and Japan (-X% per year).

Import Prices by Country

The sorghum import price in Chad stood at $X per ton in 2018, reducing by -X% against the previous year. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sorghum import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Chad import price peaked at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Sudan ($X per ton), while Djibouti ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kenya, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform