Cereals; Millet, Seed Price in Portugal - 2023
Contents:
Cereals; Millet, Seed Price in Portugal (CIF) - 2022
The average cereals; millet, seed import price stood at $750 per ton in 2022, waning by -16.9% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure at $1,951 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -2.2% per year.
Cereals; Millet, Seed Imports in Portugal
In 2022, cereals; millet, seed imports into Portugal dropped notably to 40 kg, falling by -99.2% on 2021. Overall, imports faced a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 26,170% against the previous year. As a result, imports attained the peak of 5.3 tons, and then declined sharply in the following year.
In value terms, cereals; millet, seed imports reduced markedly to $30 in 2022. In general, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 22,495%. As a result, imports attained the peak of $4.7K, and then fell notably in the following year.
| Import of Cereals; Millet, Seed in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.3 | N/A | 4.7 | N/A | 90.1% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | N/A | 4.7 | N/A | 90.1% |
Top Suppliers of Cereals; Millet, Seed to Portugal in 2022:
- Belgium (40.0 kg)
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