Price for Cereal Flour; of Maize (Corn) in Ukraine - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Ukraine (FOB) - 2022
- Price for Cereal Flour; of Maize (Corn) in Ukraine (CIF) - 2022
- Exports of Cereal Flour; of Maize (Corn) in Ukraine
- Imports of Cereal Flour; of Maize (Corn) in Ukraine
Price for Cereal Flour; of Maize (Corn) in Ukraine (FOB) - 2022
In 2022, the average export price for cereal flour; of maize (corn) amounted to $402 per ton, dropping by -56.1% against the previous year. In general, the export price, however, showed a notable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 189%. As a result, the export price reached the peak level of $917 per ton, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($509 per ton), while the average price for exports to Romania ($255 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Ukraine (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $1,615 per ton in 2022, standing approx. at the previous year. Overall, the import price posted a noticeable expansion. The growth pace was the most rapid in 2019 when the average import price increased by 157% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,292 per ton), while the price for Georgia ($1,121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flour; of Maize (Corn) in Ukraine
After three years of growth, shipments abroad of cereal flour; of maize (corn) decreased by -77.3% to 1.1K tons in 2022. Overall, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 355%. As a result, the exports reached the peak of 4.7K tons, and then contracted dramatically in the following year.
In value terms, cereal flour; of maize (corn) exports fell significantly to $431K in 2022. Over the period under review, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,214%. As a result, the exports reached the peak of $4.3M, and then shrank markedly in the following year.
Export of Cereal Flour; of Maize (Corn) in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 3.4 | 2.5 | 7.3 | 120 | 228.0% |
Poland | 6.4 | 13.7 | 5.7 | 94.1 | 145.0% |
Moldova | 10.3 | 1.2 | 3.2 | 67.2 | 86.9% |
Israel | 87.9 | 83.2 | 97.6 | 56.2 | -13.9% |
Gambia | N/A | N/A | N/A | 50.2 | 0% |
Libya | N/A | N/A | 3,686 | 17.5 | -99.5% |
Belarus | 24.8 | 57.1 | 85.7 | 6.1 | -37.3% |
Romania | N/A | N/A | N/A | 5.6 | 0% |
Venezuela | 163 | 68.6 | N/A | N/A | -57.9% |
Kazakhstan | N/A | 33.5 | 13.7 | N/A | -59.1% |
Others | 115 | 69.6 | 430 | 13.7 | -50.8% |
Total | 410 | 329 | 4,329 | 431 | 1.7% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Ukraine in 2022:
- Iraq (294.2 tons)
- Poland (256.7 tons)
- Moldova (204.2 tons)
- Israel (112.8 tons)
- Gambia (102.5 tons)
- Libya (34.4 tons)
- Romania (22.0 tons)
- Belarus (21.0 tons)
Imports of Cereal Flour; of Maize (Corn) in Ukraine
In 2022, supplies from abroad of cereal flour; of maize (corn) decreased by -39.8% to 5.3 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 286%. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereal flour; of maize (corn) imports dropped significantly to $8.6K in 2022. Over the period under review, imports, however, continue to indicate a pronounced expansion. The growth pace was the most rapid in 2020 when imports increased by 234% against the previous year. As a result, imports attained the peak of $25K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Cereal Flour; of Maize (Corn) in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.2 | 17.8 | 4.4 | 2.7 | -13.7% |
Poland | 0.9 | 1.5 | 0.8 | 1.7 | 23.6% |
Austria | 1.3 | 2.4 | 3.2 | 1.6 | 7.2% |
Georgia | N/A | N/A | 2.8 | 1.2 | -57.1% |
Mexico | N/A | 0.2 | N/A | 1.1 | 134.5% |
France | N/A | 0.9 | 0.8 | 0.2 | -52.9% |
Hungary | N/A | 1.2 | 0.7 | N/A | -41.7% |
Others | 1.1 | 1.2 | 1.4 | 0.1 | -55.0% |
Total | 7.5 | 25.2 | 14.3 | 8.6 | 4.7% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Ukraine in 2022:
- Italy (1655.0 kg)
- Poland (1318.0 kg)
- Georgia (1095.0 kg)
- Austria (681.0 kg)
- Mexico (500.0 kg)
- France (60.0 kg)
This report provides an in-depth analysis of the cereal flour market in Ukraine.
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This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Ukraine.
This report provides an in-depth analysis of the non-wheat flour market in Ukraine.
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.
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.
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.