Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (CIF) - 2023
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (CIF) - 2023
In December 2023, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $380 per ton, picking up by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From December 2022 to December 2023, the rate of growth in terms of prices for Argentina amounted to +1.4% per month.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $1,842 per ton in 2022, with a decrease of -48% against the previous year. In general, the export price showed a slight slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $3,541 per ton, and then declined sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +1.3% per year.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile
In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Chile soared to 175K tons, with an increase of 17% compared with 2021. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 302% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $54M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 317% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.5 | 8.7 | 38.9 | 53.3 | 177.3% |
| Others | 0.8 | 0.8 | 0.8 | 0.2 | -37.0% |
| Total | 3.3 | 9.5 | 39.7 | 53.5 | 153.1% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Chile in 2022:
- Argentina (174.6K tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile
After two years of decline, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by 332% to 678 kg in 2022. In general, exports, however, recorded a abrupt descent.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $1.2K in 2022. Over the period under review, exports, however, recorded a deep setback.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.9 | 1.3 | 0.6 | 1.2 | -14.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 1.3 | 0.6 | 1.2 | -14.2% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Chile in 2022:
- Canada (678.0 kg)
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