Price for Cereals; Grain Sorghum, Seed in Argentina - 2023

Contents:

  1. Price for Cereals; Grain Sorghum, Seed in Argentina (FOB) - 2022
  2. Price for Cereals; Grain Sorghum, Seed in Argentina (CIF) - 2022
  3. Exports of Cereals; Grain Sorghum, Seed in Argentina
  4. Imports of Cereals; Grain Sorghum, Seed in Argentina

Price for Cereals; Grain Sorghum, Seed in Argentina (FOB) - 2022

In 2022, the average cereals; grain sorghum, seed export price amounted to $2,935 per ton, dropping by -9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2014 an increase of 49%. The export price peaked at $3,241 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($4,599 per ton), while the average price for exports to Morocco ($671 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 Paraguay (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Seed in Argentina (CIF) - 2022

In 2022, the average cereals; grain sorghum, seed import price amounted to $2,536 per ton, which is down by -8.4% against the previous year. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $3,933 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bolivia ($6,260 per ton), while the price for Uruguay ($2,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+10.2%), while the prices for the other major suppliers experienced a decline.

Exports of Cereals; Grain Sorghum, Seed in Argentina

After two years of decline, overseas shipments of cereals; grain sorghum, seeds increased by 79% to 1.4K tons in 2022. Over the period under review, exports, however, showed a abrupt setback.

In value terms, cereals; grain sorghum, seed exports skyrocketed to $4.2M in 2022. In general, exports, however, faced a drastic downturn.

Export of Cereals; Grain Sorghum, Seed in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay3,5212,3048951,483-25.0%
Paraguay7561,0181378323.2%
Bolivia2,8891,449435730-36.8%
France33.813021021585.3%
United States28.046.249.214271.8%
Russia153208132136-3.9%
Morocco15924536.565.3-25.7%
Brazil10510524.631.1-33.3%
Others34430466856317.8%
Total7,9875,8092,5864,198-19.3%

Top Export Markets for Cereals; Grain Sorghum, Seed from Argentina in 2022:

  1. Uruguay (371.2 tons)
  2. Bolivia (341.4 tons)
  3. Paraguay (181.0 tons)
  4. Morocco (97.4 tons)
  5. France (82.9 tons)
  6. United States (66.6 tons)
  7. Russia (56.6 tons)
  8. Brazil (23.2 tons)

Imports of Cereals; Grain Sorghum, Seed in Argentina

In 2022, the amount of cereals; grain sorghum, seeds imported into Argentina skyrocketed to 985 tons, increasing by 48% against the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 188%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, cereals; grain sorghum, seed imports soared to $2.5M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Cereals; Grain Sorghum, Seed in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States89.72611,1882,012182.0%
Uruguay74.619228725851.2%
Bolivia40.561.610511139.9%
Others24.820525911868.2%
Total2307211,8392,499121.5%

Top Suppliers of Cereals; Grain Sorghum, Seed to Argentina in 2022:

  1. United States (844.8 tons)
  2. Uruguay (118.4 tons)
  3. Bolivia (17.7 tons)

Source: IndexBox Market Intelligence Platform

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