Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Estonia - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Estonia (CIF) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Estonia
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Estonia (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $320 per ton in 2022, shrinking by -44% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 146% against the previous year. Over the period under review, average import prices reached the peak figure at $1,842 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($348 per ton), while the price for Latvia ($301 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (-15.6%), 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 Estonia
In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Estonia surged to 3.8K tons, jumping by 65% on 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 19,624% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) declined to $1.2M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 8,301%.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.8 | 446 | 974 | 661 | 838.4% |
| Lithuania | N/A | 40.5 | 310 | 488 | 247.1% |
| Poland | N/A | 145 | 22.4 | 54.2 | -38.9% |
| Others | 6.8 | 4.4 | 6.1 | 6.0 | -4.1% |
| Total | 7.6 | 636 | 1,313 | 1,209 | 441.8% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Estonia in 2022:
- Latvia (2197.5 tons)
- Lithuania (1400.0 tons)
- Poland (176.0 tons)
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