Price for Cereals; Grain Sorghum, Other than Seed in Oman - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Oman (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Oman
Price for Cereals; Grain Sorghum, Other than Seed in Oman (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $350 per ton in 2022, waning by -5.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 51%. As a result, import price attained the peak level of $492 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($350 per ton), while the price for India amounted to $350 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.1%).
Imports of Cereals; Grain Sorghum, Other than Seed in Oman
Imports of cereals; grain sorghum, other than seeds into Oman reduced rapidly to 968 tons in 2022, waning by -40.5% against the previous year's figure. Over the period under review, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of 1.6K tons, and then fell notably in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds fell sharply to $339K in 2022. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year.
Import of Cereals; Grain Sorghum, Other than Seed in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 84.9 | 108 | 264 | 238 | 41.0% |
United Arab Emirates | 220 | 375 | 322 | 101 | -22.9% |
Egypt | 27.1 | N/A | N/A | N/A | 0% |
Others | 24.0 | 17.5 | 19.2 | N/A | -10.6% |
Total | 356 | 501 | 606 | 339 | -1.6% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Oman in 2022:
- India (680.4 tons)
- United Arab Emirates (287.6 tons)
This report provides an in-depth analysis of the sorghum market in Oman.
This report provides an in-depth analysis of the cereal market in Oman.
This report provides an in-depth analysis of the grain market in Oman.
This report provides an in-depth analysis of the global sorghum market.
This report provides an in-depth analysis of the global cereal market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the sorghum market in Oman.
This report provides an in-depth analysis of the global sorghum market.
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Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
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.
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.