Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh (CIF) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $824 per ton, picking up by 52% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 89% against the previous year. As a result, import price reached the peak level of $1,464 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,040 per ton), while the price for Singapore ($412 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.2%), while the prices for the other major suppliers experienced a decline.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh
For the third year in a row, Bangladesh recorded decline in supplies from abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), which decreased by -81% to 80 tons in 2022. Over the period under review, imports recorded a dramatic contraction. The smallest decline of -5% was in 2020.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) fell significantly to $66K in 2022. Overall, imports saw a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 4.9%. As a result, imports attained the peak of $333K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 313 | 328 | 110 | 29.1 | -54.7% |
| United States | 2.7 | 3.2 | 3.8 | 4.3 | 16.8% |
| Singapore | 1.1 | 1.3 | 1.5 | 1.6 | 13.3% |
| Others | 0.2 | 0.1 | 111 | 30.6 | 434.8% |
| Total | 317 | 333 | 226 | 65.6 | -40.9% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Bangladesh in 2022:
- Malaysia (35.6 tons)
- United States (4.1 tons)
- Singapore (3.9 tons)
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