Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia - 2023
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $353 per ton in 2022, waning by -39.6% against the previous year. In general, the import price, however, continues to indicate a perceptible increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 128% against the previous year. As a result, import price attained the peak level of $583 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($490 per ton), while the price for Lithuania totaled $312 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.3%).
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (FOB) - 2022
In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $698 per ton, shrinking by -9.4% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 99% against the previous year. As a result, the export price reached the peak level of $2,884 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,797 per ton), while the average price for exports to Estonia amounted to $689 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-3.8%).
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia
In 2022, after two years of decline, there was significant growth in supplies from abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume increased by 1,182% to 4.3K tons. Overall, imports, however, recorded a deep slump.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $1.5M in 2022. In general, imports enjoyed moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1,206 | 556 | 87.3 | 1,200 | -0.2% |
| Ukraine | N/A | N/A | N/A | 215 | 0% |
| Others | 122 | 84.3 | 110 | 112 | -2.8% |
| Total | 1,328 | 640 | 197 | 1,527 | 4.8% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Latvia in 2022:
- Lithuania (3.8K tons)
- Ukraine (0.4K tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia
In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) exported from Latvia soared to 15 tons, surging by 102% compared with the previous year. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,073%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $11K in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 712%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 0.9 | 7.2 | 5.6 | 10.5 | 126.8% |
| Others | N/A | 0.5 | 0.3 | 0.2 | -36.8% |
| Total | 0.9 | 7.6 | 5.9 | 10.7 | 128.2% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Latvia in 2022:
- Estonia (15.3 tons)
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