
U.S. - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingU.S. Sorghum Exports Jump 115% to $83M in Feb. 2023
U.S. Sorghum Exports
In February 2023, shipments abroad of sorghum increased by 138% to 219K tons for the first time since October 2022, thus ending a three-month declining trend. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the peak figure at 1.3M tons in March 2022; however, from April 2022 to February 2023, the exports remained at a lower figure.
In value terms, sorghum exports soared to $83M (IndexBox estimates) in February 2023. In general, exports, however, recorded a abrupt decline. The exports peaked at 461K tons in March 2022; however, from April 2022 to February 2023, the exports stood at a somewhat lower figure.
COUNTRY | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Export Value Sorghum in U.S. (million USD) | |||||||||||||
China | 262.0 | 429.0 | 218.0 | 315.0 | 230.0 | 121.0 | 45.6 | 0.2 | N/A | 39.9 | 14.8 | 23.6 | 59.6 |
Mexico | 8.1 | 9.5 | 5.3 | 4.4 | 8.1 | 25.0 | 17.8 | 14.4 | 13.6 | 11.4 | 13.7 | 10.8 | 10.7 |
South Sudan | N/A | N/A | 9.2 | N/A | N/A | N/A | N/A | 4.2 | N/A | N/A | N/A | N/A | 7.7 |
Djibouti | N/A | 3.3 | 3.5 | N/A | N/A | N/A | 3.0 | 0.8 | 3.3 | N/A | N/A | N/A | 3.4 |
Total | 341.0 | 515.0 | 361.0 | 525.0 | 419.0 | 243.0 | 174.0 | 167.0 | 152.0 | 101.0 | 66.4 | 44.4 | 83.6 |
Exports by Country
China (176K tons) was the main destination for sorghum exports from the United States, with a 80% share of total exports. Moreover, sorghum exports to China exceeded the volume sent to the second major destination, South Sudan (23K tons), eightfold. The third position in this ranking was held by Djibouti (10K tons), with a 4.6% share.
From February 2022 to February 2023, the average monthly growth rate of volume to China stood at -11.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Sudan (-1.4% per month) and Djibouti (0.0% per month).
In value terms, China ($60M) remains the key foreign market for sorghum exports from the United States, comprising 71% of total exports. The second position in the ranking was held by Mexico ($11M), with a 13% share of total exports. It was followed by South Sudan, with a 9.3% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of value to China stood at -11.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+2.3% per month) and South Sudan (-1.7% per month).
Export Prices by Country
In February 2023, the sorghum price stood at $380 per ton (FOB, US), with a decrease of -9.7% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in October 2022 an increase of 18% month-to-month. The export price peaked at $421 per ton in January 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($1,294 per ton), while the average price for exports to China ($338 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the sorghum market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 83 - Sorghum
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
-
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
-
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
-
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
-
LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024