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

Contents:

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

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

The average cereals; grain sorghum, seed import price stood at $2,762 per ton in 2022, surging by 28% against the previous year. Overall, the import price, however, recorded a deep slump. Over the period under review, average import prices attained the maximum at $6,557 per ton in 2012; however, from 2013 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 France ($6,249 per ton), while the price for Belgium ($296 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average cereals; grain sorghum, seed export price stood at $392 per ton in 2022, declining by -21.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 73%. Over the period under review, the average export prices reached the peak figure at $1,041 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($4,557 per ton), while the average price for exports to the Czech Republic ($375 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 Poland (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereals; Grain Sorghum, Seed in Slovakia

In 2022, after three years of growth, there was significant decline in overseas purchases of cereals; grain sorghum, seeds, when their volume decreased by -43% to 100 tons. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 272%.

In value terms, cereals; grain sorghum, seed imports declined dramatically to $276K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 180%.

Import of Cereals; Grain Sorghum, Seed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.439.6103101106.9%
Hungary39.911124282.527.4%
Germany14.652.1N/A74.972.5%
Austria6.40.48.69.012.0%
Czech Republic4.173.525.67.321.2%
Belgium0.7N/AN/A0.70.0%
Others21.70.6N/A0.8-66.7%
Total98.827737927640.8%

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

  1. Hungary (50.5 tons)
  2. Germany (20.6 tons)
  3. France (16.1 tons)
  4. Austria (7.2 tons)
  5. Czech Republic (2.4 tons)
  6. Belgium (2.4 tons)

Exports of Cereals; Grain Sorghum, Seed in Slovakia

In 2022, cereals; grain sorghum, seed exports from Slovakia shrank remarkably to 64 tons, with a decrease of -35% on the year before. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 5,043% against the previous year. As a result, the exports reached the peak of 99 tons, and then fell rapidly in the following year.

In value terms, cereals; grain sorghum, seed exports dropped markedly to $25K in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,195%. As a result, the exports attained the peak of $49K, and then contracted dramatically in the following year.

Export of Cereals; Grain Sorghum, Seed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic5.10.924.213.638.7%
Poland10.2N/A7.610.51.0%
NetherlandsN/AN/A17.6N/A0%
Others2.7N/AN/A1.2-23.7%
Total18.00.949.525.211.9%

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

  1. Czech Republic (36.2 tons)
  2. Poland (27.9 tons)

Source: IndexBox Market Intelligence Platform

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