Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (FOB) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (CIF) - 2022
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $480 per ton in 2022, which is down by -47.6% against the previous year. In general, the export price, however, posted a slight increase. The growth pace was the most rapid in 2015 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs at $1,057 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($1,000 per ton), while the average price for exports to Timor-Leste totaled $444 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+98.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $2,375 per ton, increasing by 258% against the previous year. Over the period under review, the import price posted prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,195 per ton), while the price for South Korea ($2,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia
Exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from Indonesia surged to 137 tons in 2022, picking up by 671% compared with 2021. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $66K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Timor-Leste | 0.6 | N/A | N/A | 56.8 | 355.8% |
| Saudi Arabia | 4.0 | 4.3 | 5.0 | 8.9 | 30.5% |
| Malaysia | 7.5 | 10.1 | 11.3 | N/A | 22.7% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 12.6 | 14.4 | 16.3 | 65.7 | 73.4% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Indonesia in 2022:
- Timor-Leste (127.9 tons)
- Saudi Arabia (8.9 tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia
After three years of growth, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -98.2% to 6.8 tons in 2022. Overall, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 3%.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) reduced sharply to $16K in 2022. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 1.1% against the previous year. As a result, imports reached the peak of $249K, and then shrank sharply in the following year.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 0.5 | 9.6 | 1820.0% |
| United States | 1.3 | 1.1 | 1.4 | 5.2 | 58.7% |
| Australia | 0.2 | 0.1 | 0.2 | 0.9 | 65.1% |
| Thailand | 42.1 | 37.8 | 55.6 | N/A | 14.9% |
| Malaysia | 82.1 | 104 | 43.9 | N/A | -26.9% |
| Pakistan | 118 | 103 | 148 | N/A | 12.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Total | 244 | 247 | 249 | 16.1 | -59.6% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Indonesia in 2022:
- South Korea (4.7 tons)
- United States (1.7 tons)
- Australia (0.3 tons)
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