Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico (CIF) - 2023
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico (CIF) - 2023

In November 2023, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $430 per ton, falling by -1.9% against the previous month. Over the period under review, the import price recorded a noticeable contraction. Over the period under review, average import prices hit record highs at $546 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -2.1% per month.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $2,118 per ton, jumping by 66% against the previous year. Overall, the export price showed a moderate expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 93% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +73.2% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico

Imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Mexico amounted to 50K tons in 2022, surging by 9.9% on the previous year. Over the period under review, imports, however, showed a sharp contraction.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $29M in 2022. Overall, imports, however, showed a sharp decline.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States57.721.529.0-29.1%
OthersN/AN/AN/A0%
Total57.721.529.0-29.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Mexico in 2022:

  1. United States (49.9K tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Mexico

In 2022, overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were finally on the rise to reach 81 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a prominent expansion. 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 $172K in 2022. Over the period under review, exports enjoyed a significant increase. 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.143.945.717276.8%
OthersN/AN/AN/AN/A0%
Total31.143.945.717276.8%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Mexico in 2022:

  1. United States (81.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) - Mexico