World - 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 PricingSorghum market
Sorghum market: enjoy newly released facts and figures secured by an Ai-driven market intelligence tool. Information contain production, imports, consumption, trade, companies, market prices, exports, and market size. Here is a split by country, including Latin America, EU, Russia, the Middle East, China, the U.S., the U.K., and Africa. Market insights and outlook to 2030 are also featured in the snapshots.
Sorghum - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Mexico |
| 2 | Brazil |
| 3 | China |
| 4 | Ethiopia |
| 5 | India |
In value terms, Mexico led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by China.
From 2019 to 2021, the average annual rate of growth in terms of value in Mexico stood at -4.9%. The remaining consuming countries recorded the following average annual rates of market growth: Brazil (+0.3% per year) and China (+4.1% per year).
Sorghum Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Ukraine | 168 | 176 | 172 | 1.2% |
| United States | 197 | 211 | 207 | 2.5% |
| France | 242 | 236 | 238 | -0.8% |
| Argentina | 243 | 241 | 242 | -0.2% |
| Australia | 262 | 274 | 266 | 0.8% |
| Average | 221 | 222 | 222 | 0.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($266 per ton), while Ukraine ($172 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| South Sudan | 413 | 292 | 356 | -7.2% |
| China | 226 | 240 | 234 | 1.8% |
| Mexico | 207 | 263 | 222 | 3.6% |
| Japan | 220 | 223 | 222 | 0.5% |
| Spain | 178 | 173 | 175 | -0.8% |
| Average | 231 | 242 | 237 | 1.2% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Sudan ($356 per ton), while Spain ($175 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Sorghum - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.9 | 1.2 | 1 | 7.1% |
| Mexico | 0.2 | 0.07 | 0.1 | -14.3% |
| Japan | 0.1 | 0.09 | 0.09 | -3.8% |
| Spain | 0.09 | 0.08 | 0.08 | -2.8% |
| South Sudan | 0.06 | 0.04 | 0.05 | -9.9% |
In value terms, China ($1B) constitutes the largest market for imported sorghum worldwide, comprising 62% of global imports. The second position in the ranking was occupied by Mexico ($113M), with a 6.8% share of global imports. It was followed by Japan, with a 5.6% share.
From 2019 to 2021, the average annual rate of growth in terms of value in China amounted to +7.1%. In the other countries, the average annual rates were as follows: Mexico (-14.3% per year) and Japan (-3.8% per year).
Sorghum - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.6 | 1.4 | 1 | 32.1% |
| Argentina | 0.09 | 0.1 | 0.1 | 13.2% |
| Australia | 0.08 | 0.05 | 0.07 | -10.2% |
| France | 0.03 | 0.04 | 0.03 | 6.8% |
| Ukraine | 0.02 | 0.02 | 0.02 | 1.6% |
In value terms, the United States ($976M) remains the largest sorghum supplier worldwide, comprising 72% of global exports. The second position in the ranking was occupied by Argentina ($120M), with a 8.9% share of global exports. It was followed by Australia, with a 4.8% share.
In the United States, sorghum exports increased at an average annual rate of +32.1% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+13.2% per year) and Australia (-10.2% per year).
Sorghum - Market Forecast
Driven by rising demand for sorghum worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Sorghum - Top Companies
NUGRAIN PTY LTD, Tianye (Fogang) Leisure Agriculture and Husbandry Co., Ltd., CBH GRAIN PTY LTD, Cooperativa Agrária Agroindustrial, ADM TRADING AUSTRALIA PTY LTD, Zhongnongfa Seed Industry Group Co., Ltd., Yuan Longping High-tech Agriculture Co., Ltd., Heilongjiang Agriculture Company Limited, LIMAGRAIN EUROPE, Grupo Universal S A, Roland Mills United GmbH & Co. KG, LACPATRICK DAIRIES LIMITED, Hefei Fengle Seed.Co., Ltd., LATRAPS KS, LIMAGRAIN, RAIZ-MAKSYMKO, PRAT, ARENTO GRUPO COOPERATIVO AGROALIMENTARIO DE ARAGON S.COOP, SAATBAU LINZ eGen, Vilshanski Produkty, TOV, ZERNOPRODUKT MKHP, PRAT
Sorghum - Product Coverage
- HS 1007 - Grain sorghum
This report provides an in-depth analysis of the global sorghum market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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 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 Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- 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 Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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, 2012–2024
523
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.
1726
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.
4208
Global sorghum consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
2944
Global sorghum exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3366
Global sorghum imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1520
Baijiu (pronounced "bye-joe") is a Chinese fermented sorghum spirit that is often mixed with glutinous rice, millet, wheat, or corn. A staple alcoholic beverage in China, baijiu liquor will soon be splashing into the U.S. market.
