Price for Cereals; Grain Sorghum, Other than Seed in Guatemala - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Guatemala (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Guatemala
Price for Cereals; Grain Sorghum, Other than Seed in Guatemala (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $324 per ton in 2022, declining by -10.1% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The growth pace was the most rapid in 2013 an increase of 185% against the previous year. Over the period under review, average import prices attained the peak figure at $471 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 -0.5% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Guatemala
After two years of growth, overseas purchases of cereals; grain sorghum, other than seeds decreased by -76.6% to 37 kg in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 829%. As a result, imports reached the peak of 158 kg, and then reduced remarkably in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds shrank rapidly to $12 in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 613%. As a result, imports reached the peak of $57, and then reduced rapidly in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 7.0 | 1.0 | 12.0 | 30.9% | |
| Belize | N/A | 52.0 | N/A | 0% | |
| Others | 1.0 | 4.0 | N/A | 300.0% | |
| Total | 8.0 | 57.0 | 12.0 | 22.5% | |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Guatemala in 2022:
- United States (37.0 kg)
540
This report provides an in-depth analysis of the sorghum market in Guatemala.
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This report provides an in-depth analysis of the sorghum market in Guatemala.
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Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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Explore the top import destinations for sorghum and their key statistics. China, Japan, Mexico, Spain, Kenya, Sudan, Italy, South Sudan, Botswana, and New Zealand are among the leading importers. Find out more on IndexBox platform.
1316
In 2021, global sorghum production will grow by 5%, boosted by growing supplies to China. Sorghum imports to the country are expected to rise by 28% compared to the previous year, driven by the increasing demand for animal feed. Prices will continue to rise in line with other cereals, following accelerated food inflation. The advantage of sorghum as a more drought-tolerant crop will allow this product to compete seriously with corn and will further stimulate market expansion.
