Price for Cereal Flour; of Maize (Corn) in India - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in India (FOB) - 2023
- Price for Cereal Flour; of Maize (Corn) in India (CIF) - 2022
- Exports of Cereal Flour; of Maize (Corn) in India
- Imports of Cereal Flour; of Maize (Corn) in India
Price for Cereal Flour; of Maize (Corn) in India (FOB) - 2023
The average export price for cereal flour; of maize (corn) stood at $421 per ton in July 2023, with a decrease of -22.7% against the previous month. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in September 2022 when the average export price increased by 49% against the previous month. As a result, the export price attained the peak level of $1,741 per ton. From October 2022 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($733 per ton), while the average price for exports to Senegal ($327 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in India (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $4,670 per ton in 2022, with an increase of 187% against the previous year. Overall, the import price showed a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 214%. As a result, import price reached the peak level of $5,796 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,108 per ton), while the price for Japan amounted to $1,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flour; of Maize (Corn) in India
For the fourth consecutive year, India recorded growth in overseas shipments of cereal flour; of maize (corn), which increased by 128% to 28K tons in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour; of maize (corn) exports surged to $15M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereal Flour; of Maize (Corn) in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 120 | 174 | 109 | 7,685 | 300.1% |
South Korea | 2,122 | 3,092 | 2,876 | 3,534 | 18.5% |
Bangladesh | 3.2 | 0.7 | 1.3 | 870 | 547.8% |
Senegal | 0.3 | 0.1 | 20.3 | 870 | 1326.0% |
Thailand | 461 | 520 | 401 | 577 | 7.8% |
Nepal | 79.3 | 60.0 | 133 | 206 | 37.5% |
Angola | 0.1 | N/A | 0.2 | 179 | 1114.2% |
United Arab Emirates | 126 | 99.1 | 135 | 91.6 | -10.1% |
Others | 669 | 858 | 952 | 1,218 | 22.1% |
Total | 3,581 | 4,804 | 4,626 | 15,230 | 62.0% |
Top Export Markets for Cereal Flour; of Maize (Corn) from India in 2022:
- United States (9.4K tons)
- South Korea (9.0K tons)
- Bangladesh (2.8K tons)
- Senegal (2.3K tons)
- Thailand (1.4K tons)
- Nepal (0.6K tons)
- Angola (0.5K tons)
- United Arab Emirates (0.2K tons)
Imports of Cereal Flour; of Maize (Corn) in India
In 2022, overseas purchases of cereal flour; of maize (corn) decreased by -58.7% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 106%. As a result, imports attained the peak of 93 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal flour; of maize (corn) imports skyrocketed to $54K in 2022. In general, imports saw a abrupt setback.
Import of Cereal Flour; of Maize (Corn) in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 59.1 | 29.8 | 34.4 | 51.1 | -4.7% |
Japan | N/A | N/A | N/A | 2.8 | 0% |
South Korea | N/A | 19.5 | N/A | N/A | 0% |
Thailand | N/A | 36.9 | N/A | N/A | 0% |
Taiwan (Chinese) | N/A | N/A | 9.1 | N/A | 0% |
Netherlands | 5.3 | N/A | N/A | N/A | 0% |
Turkey | 10.1 | N/A | N/A | N/A | 0% |
Others | 10.3 | 10.2 | 1.9 | N/A | -57.1% |
Total | 84.8 | 96.3 | 45.4 | 53.9 | -14.0% |
Top Suppliers of Cereal Flour; of Maize (Corn) to India in 2022:
- United States (10.0 tons)
- Japan (1.5 tons)
This report provides an in-depth analysis of the cereal flour market in India.
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This report provides an in-depth analysis of the cereal flour market in India.
This report provides an in-depth analysis of the non-wheat flour market in India.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
The rate of growth for Cereal Flour was highest in March 2023, with a remarkable month-to-month increase of 163%. In terms of value, exports of Cereal Flour surged to $12M in July 2023.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
The rate of growth for Cereal Flour was highest in March 2023, with a remarkable month-to-month increase of 163%. In terms of value, exports of Cereal Flour surged to $12M in July 2023.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.