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Australia - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize (Green) Price in Australia - 2024
Contents:
- Maize (Green) Price in Australia (FOB) - 2024
- Maize (Green) Price in Australia (CIF) - 2024
- Maize (Green) Exports in Australia
- Maize (Green) Imports in Australia
Maize (Green) Price in Australia (FOB) - 2024
The average maize (green) export price stood at $3,501 per ton in March 2024, increasing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in July 2023 an increase of 47% m-o-m. As a result, the export price attained the peak level of $3,961 per ton. From August 2023 to March 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Hong Kong SAR ($6,029 per ton), while the average price for exports to Papua New Guinea ($1,575 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Maize (Green) Price in Australia (CIF) - 2024
The average maize (green) import price stood at $5,037 per ton in March 2024, reducing by -19.6% against the previous month. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 38% month-to-month. As a result, import price attained the peak level of $10,522 per ton. From May 2023 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($12,114 per ton), while the price for China ($1,079 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Fiji (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize (Green) Exports in Australia
Maize (green) exports from Australia declined to 2.7K tons in 2022, which is down by -4.6% compared with 2021. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year.
In value terms, maize (green) exports contracted to $9.4M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 32%. As a result, the exports reached the peak of $10M, and then shrank in the following year.
Export of Maize (Green) in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 2,751 | 2,987 | 2,934 | 2,850 | 1.2% |
Hong Kong SAR | 1,461 | 2,017 | 1,995 | 1,939 | 9.9% |
Malaysia | 549 | 368 | 638 | 847 | 15.6% |
New Zealand | 1,837 | 0.1 | 1,246 | 844 | -22.8% |
Papua New Guinea | 254 | 220 | 441 | 767 | 44.5% |
United Arab Emirates | 202 | 96.2 | 21.3 | 480 | 33.4% |
New Caledonia | 587 | 236 | 347 | 393 | -12.5% |
Brunei Darussalam | 125 | 198 | 952 | 279 | 30.7% |
Others | 913 | 1,481 | 1,481 | 984 | 2.5% |
Total | 8,679 | 7,601 | 10,055 | 9,384 | 2.6% |
Top Export Markets for Maize (Green) from Australia in 2022:
- Singapore (843.6 tons)
- Hong Kong SAR (367.4 tons)
- Papua New Guinea (323.7 tons)
- New Zealand (250.5 tons)
- Malaysia (226.5 tons)
- Brunei Darussalam (201.7 tons)
- New Caledonia (195.4 tons)
- United Arab Emirates (147.2 tons)
Maize (Green) Imports in Australia
In 2022, imports of maize (green) into Australia expanded remarkably to 186 tons, surging by 8.7% compared with the year before. In general, imports, however, showed a abrupt curtailment.
In value terms, maize (green) imports expanded to $1.6M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Maize (Green) in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,013 | 703 | 911 | 1,008 | -0.2% |
India | 199 | 360 | 552 | 468 | 33.0% |
United Arab Emirates | N/A | 0.2 | N/A | 44.6 | 1393.3% |
Fiji | 12.2 | 53.6 | 61.2 | 37.6 | 45.5% |
Vietnam | 20.8 | 0.8 | 5.7 | 25.7 | 7.3% |
China | N/A | 1.1 | 1.3 | 11.9 | 228.9% |
New Zealand | 40.0 | N/A | N/A | N/A | 0% |
United States | 119 | 2.1 | N/A | N/A | -98.2% |
Others | N/A | 23.3 | 1.0 | 3.1 | -63.5% |
Total | 1,404 | 1,144 | 1,532 | 1,599 | 4.4% |
Top Suppliers of Maize (Green) to Australia in 2022:
- Thailand (105.9 tons)
- India (45.3 tons)
- Fiji (13.4 tons)
- Vietnam (10.0 tons)
- China (9.9 tons)
- United Arab Emirates (7.8 tons)
This report provides an in-depth analysis of the maize (green) market in Australia. 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 446 - Green Corn (Maize)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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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
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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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
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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
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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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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