What is the price of millet per kilogram/pound in US today?
The retail price range for US millet is between US$ 0.97 and US$ 1.93 per kilogram or between US$ 0.44 and US$ 0.88 per pound(lb). Click here to see today's exact prices of millet in US
The retail price range in Euro for millet is between EUR 0.89 and EUR 1.77 per kilogram or between EUR 0.40 and EUR 0.80 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US millet is between US$ 0.68 and US$ 1.35 per kilogram or between US$ 0.31 and US$ 0.61 per pound(lb).
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US Millet Export Prices - Historical, Trends and Prediction
The export price per kilogram of Millet from the US over the last five years has been relatively stable. In 2017, the price was 0.32 US $ per kg, and in 2018 it increased slightly to 0.36 US $ per kg. In 2019, the price rose to 0.44 US $ per kg, and in 2020 it further increased to 0.46 US $ per kg. The highest price was recorded in 2021, when it reached 0.67 US $ per kg. The price then decreased to 0.60 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Millet from the US in 2023 will be around 0.62 US $ per kg, and in 2024 it will be around 0.64 US $ per kg.The US millet exports are classified as:
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
- Millet (excluding grain sorghum) (HS code 100820)
US Millet Import Prices - Historical, Trends and Prediction
The import price per kilogram of Millet into the US has been relatively stable over the last five years. In 2017, the price was 0.32 US $ per kg, and in 2021, the price was 0.67 US $ per kg. This represents an increase of 0.35 US $ per kg, or a 109% increase. In 2020, the price was 0.46 US $ per kg, and in 2022, the price was 0.60 US $ per kg. This represents an increase of 0.14 US $ per kg, or a 30% increase. Based on this trend, it is predicted that the import price per kilogram of Millet into the US in 2023 will be 0.74 US $ per kg, and in 2024 will be 0.81 US $ per kg.Export values for US millet
The total values in export for millet in US were US$ 19,557, US$ 25,849, US$ 38,941 and US$ 58,678 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in US: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Canary seed & Fonio.
See prices of millet in other countries across North America: Canada millet, US millet, Anguilla millet, Antigua and Barbuda millet, Bermuda millet, Bonaire, Sint Eustatius and Saba millet, St.Pierre and Miquelon millet, United States Minor Outlying Islands millet, Cayman Islands millet & Greenland millet.
US millet - Production, Exports, Imports, Seasons and HS Codes
The quantity of millet sold by US in 2020 was 100,159 metric tonnes. In 2019 US exported 132,657 tonnes of millet. For 2019 alone, the market for US millet (cereals/grains category) has gone up, flactuating by 22.598 per cent compared to the year 2018. Between 2017 and 2019, millet's exports grew by 62.28 pc netting the country US$58.68m for the year 2019. US' millet exports are classified as:
- Millet (excluding grain sorghum, and seed for sowing) (HS code 100829)
- Millet (excluding grain sorghum) (HS code 100820)
- Millet seed for sowing (excluding grain sorghum) (HS code 100821)
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US millet export values
In 2019, US supplied millet costing 58.68m USD, an increase of 50.69% from 2018's total millet export of 38.941m USD. The annual growth in value of US millet between 2017 to 2018 was 50.648%.
The annual change in the quantity of US' millet exports between 2017 and 2019 was 62.28 pc in comparison to a variation of 22.598% in the period between 2018 and 2019.
US' stake of the world's total millet's exports in 2019 was less than 1%. US holds number 21 in world exports of millet.
Export markets for US millet ( in '000$ )
US' top export markets for millet are Indonesia, Canada, the Philippines, Malaysia and Mexico.
Import/Export Trends
US is a net importer of millet. The annual growth of US millet in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity was -6%, per annum.
US ordered 1,934 tonnes of millet in 2019.
Production
The production of millet in US was 1,129,980 tonnes in 2019 and is forecast to change by an average of 43.23%. The country had approximately 564,540.00 hectares under millet cultivation.