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During the review period, Millet exports peaked at 40K tons in 2022 before experiencing a rapid decline in the following year. In terms of value, Millet exports significantly dropped to $15M in 2023.
The most notable growth rate was observed in September 2023 with millet exports increasing by 109% month-to-month. However, millet exports decreased significantly to $189K in value terms in October 2023.
Imports of Millet reached their highest point and are expected to continue growing in the near future. In terms of value, millet imports soared to $112K in July 2023.
In July 2023, the price of Millet stabilized at $370 per ton (FOB, India), remaining at the same level as the previous month.
In May 2023, the Millet price reached $789 per ton (FOB, France), demonstrating a 7.5% increase compared to the previous month.
In value terms, millet exports fell to $421K in March 2023.
In November 2022, the millet price amounted to $641 per ton (CIF, United Kingdom), dropping by -12.7% against the previous month.
In August 2022, the millet price per ton amounted to $559, shrinking by -2.2% against the previous month.
In May 2022, the millet price per ton stood at $602 per ton in May 2022, with an increase of 4.6% against the previous month.
The revenue of the millet market in the U.S. amounted to $106M in 2018.
Global millet consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
In 2015, the country with the largest volume of the millet output was India (X thousand tons), accounting for X% of global production.