Australia: Sorghum Market 2025

Sorghum Market Size in Australia

In 2022, the Australian sorghum market decreased by -5.5% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, recorded a significant contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sorghum Production in Australia

In value terms, sorghum production reduced dramatically to $X in 2022 estimated in export price. In general, production, however, saw a deep downturn. The growth pace was the most rapid in 2021 when the production volume increased by 106% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average yield of sorghum in Australia surged to X tons per ha, with an increase of 104% against 2021. Over the period under review, the yield continues to indicate strong growth. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sorghum harvested area in Australia fell significantly to X ha in 2022, waning by -32.2% on 2021 figures. Overall, the harvested area recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the harvested area increased by 181%. The sorghum harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Sorghum Exports

Exports from Australia

For the third year in a row, Australia recorded growth in shipments abroad of sorghum, which increased by 39% to X tons in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 782%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, sorghum exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 854%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

China (X tons) was the main destination for sorghum exports from Australia, accounting for a 85% share of total exports. Moreover, sorghum exports to China exceeded the volume sent to the second major destination, Japan (X tons), ninefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+68.7% per year) and Taiwan (Chinese) (-2.6% per year).

In value terms, China ($X) remains the key foreign market for sorghum exports from Australia, comprising 85% of total exports. The second position in the ranking was held by Japan ($X), with a 9.9% share of total exports. It was followed by Taiwan (Chinese), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +51.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+73.8% per year) and Taiwan (Chinese) (+5.1% per year).

Export Prices by Country

In 2022, the average sorghum export price amounted to $X per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2017 an increase of 24%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Taiwan (Chinese) ($X per ton) and New Zealand ($X per ton), while the average price for exports to China ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sorghum Imports

Imports into Australia

In 2022, the amount of sorghum imported into Australia skyrocketed to X tons, rising by 2,615% against the previous year's figure. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sorghum imports soared to $X in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main sorghum supplier to Australia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States was relatively modest.

In value terms, the United States ($X) constituted the largest supplier of sorghum to Australia.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

In 2022, the average sorghum import price amounted to $X per ton, jumping by 159% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.4% per year.

Source: IndexBox Platform

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