Price for Cereals; Grain Sorghum, Seed in Sudan - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Sudan (FOB) - 2022
- Price for Cereals; Grain Sorghum, Seed in Sudan (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Seed in Sudan
- Imports of Cereals; Grain Sorghum, Seed in Sudan
Price for Cereals; Grain Sorghum, Seed in Sudan (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $379 per ton in 2022, with an increase of 10% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; grain sorghum, seed export price increased by +97.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($842 per ton), while the average price for exports to the UK ($260 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 Eritrea (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Sudan (CIF) - 2022
The average cereals; grain sorghum, seed import price stood at $2,156 per ton in 2022, rising by 5.1% against the previous year. In general, the import price showed notable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 81%. The import price peaked at $2,230 per ton in 2014; afterwards, it flattened through to 2022.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.8% per year.
Exports of Cereals; Grain Sorghum, Seed in Sudan
In 2022, approx. 425 tons of cereals; grain sorghum, seeds were exported from Sudan; declining by -7.8% compared with the previous year's figure. Over the period under review, exports showed a precipitous decline. The smallest decline of -7.2% was in 2020.
In value terms, cereals; grain sorghum, seed exports stood at $161K in 2022. In general, exports continue to indicate a sharp decline.
| Export of Cereals; Grain Sorghum, Seed in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 59.6 | 102 | 50.9 | 68.7 | 4.9% |
| Taiwan (Chinese) | 85.6 | 154 | 77.9 | 44.7 | -19.5% |
| United Kingdom | 52.3 | 73.1 | 29.9 | 33.0 | -14.2% |
| Cambodia | N/A | N/A | N/A | 14.5 | 0% |
| Ethiopia | 375 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 36.8 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 573 | 366 | 159 | 161 | -34.5% |
Top Export Markets for Cereals; Grain Sorghum, Seed from Sudan in 2022:
- Germany (165.0 tons)
- United Kingdom (127.0 tons)
- Taiwan (Chinese) (115.6 tons)
- Cambodia (17.3 tons)
Imports of Cereals; Grain Sorghum, Seed in Sudan
Cereals; grain sorghum, seed imports into Sudan dropped dramatically to 40 tons in 2022, which is down by -20% compared with 2021 figures. In general, imports faced a precipitous setback.
In value terms, cereals; grain sorghum, seed imports contracted dramatically to $85K in 2022. Over the period under review, imports saw a precipitous decline.
| Import of Cereals; Grain Sorghum, Seed in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 0.2 | 0.1 | 0.1 | -79.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.3 | 0.2 | 0.1 | 0.1 | -79.3% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Sudan in 2022:
- United States (39.5 tons)
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