Price for Cereal Groats and Meal; of Maize (Corn) in Argentina - 2022
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Argentina (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in Argentina (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Argentina
- Exports of Cereal Groats and Meal; of Maize (Corn) in Argentina
Price for Cereal Groats and Meal; of Maize (Corn) in Argentina (CIF) - 2022
The average import price for cereal groats and meal; of maize (corn)s stood at $1,100 per ton in 2022, increasing by 8.8% against the previous year. In general, the import price showed prominent growth. The pace of growth was the most pronounced in 2021 an increase of 24% against the previous year. The import price peaked in 2022 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 Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +6.2% per year.
Price for Cereal Groats and Meal; of Maize (Corn) in Argentina (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $424 per ton in 2022, increasing by 5.9% against the previous year. Overall, the export price saw a tangible expansion. The pace of growth appeared the most rapid in 2021 an increase of 98%. Over the period under review, the average export prices hit record highs at $427 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +1.9% per year.
Imports of Cereal Groats and Meal; of Maize (Corn) in Argentina
For the fourth consecutive year, Argentina recorded growth in overseas purchases of cereal groats and meal; of maize (corn)s, which increased by 113% to 4.6 tons in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal groats and meal; of maize (corn)s skyrocketed to $5.1K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats and Meal; of Maize (Corn) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.8 | 1.1 | 0.1 | 5.1 | 85.4% |
| Brazil | N/A | N/A | 2.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 1.1 | 2.2 | 5.1 | 85.4% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Argentina in 2022:
- Italy (4.6 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Argentina
Exports of cereal groats and meal; of maize (corn)s from Argentina rose slightly to 223K tons in 2022, surging by 2.9% on 2021. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cereal groats and meal; of maize (corn)s rose remarkably to $95M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 151%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Cereal Groats and Meal; of Maize (Corn) in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 29.9 | 33.1 | 42.6 | 45.8 | 15.3% |
| Others | 1.4 | 1.5 | 44.3 | 48.9 | 226.9% |
| Total | 31.2 | 34.7 | 86.9 | 94.7 | 44.8% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Argentina in 2022:
- Malaysia (110.5K tons)
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