Price for Cereal Groats and Meal; of Maize (Corn) in Croatia - 2023
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Croatia (CIF) - 2023
- Price for Cereal Groats and Meal; of Maize (Corn) in Croatia (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Croatia
- Exports of Cereal Groats and Meal; of Maize (Corn) in Croatia
Price for Cereal Groats and Meal; of Maize (Corn) in Croatia (CIF) - 2023
The average import price for cereal groats and meal; of maize (corn)s stood at $451 per ton in October 2023, shrinking by -15.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 26% month-to-month. Over the period under review, average import prices attained the maximum at $630 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Serbia.
From October 2022 to October 2023, the rate of growth in terms of prices for Slovenia amounted to +3.3% per month.
Price for Cereal Groats and Meal; of Maize (Corn) in Croatia (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $743 per ton in 2022, increasing by 79% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $789 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,087 per ton), while the average price for exports to Italy ($242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Groats and Meal; of Maize (Corn) in Croatia
Imports of cereal groats and meal; of maize (corn)s into Croatia soared to 13K tons in 2022, jumping by 265% compared with the year before. Overall, imports recorded significant growth. As a result, imports reached 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 surged to $5.6M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats and Meal; of Maize (Corn) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 143 | 153 | 975 | 4,088 | 205.8% |
| Poland | N/A | 1.5 | 60.1 | 667 | 2008.7% |
| Italy | 278 | 295 | 288 | 354 | 8.4% |
| Slovenia | 335 | 354 | 384 | 323 | -1.2% |
| Others | 142 | 133 | 199 | 156 | 3.2% |
| Total | 898 | 937 | 1,906 | 5,587 | 83.9% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Croatia in 2022:
- Serbia (10.1K tons)
- Poland (1.7K tons)
- Italy (0.5K tons)
- Slovenia (0.3K tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Croatia
In 2022, the amount of cereal groats and meal; of maize (corn)s exported from Croatia shrank remarkably to 1.1K tons, waning by -74% against the previous year. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year.
In value terms, exports of cereal groats and meal; of maize (corn)s reduced notably to $841K in 2022. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports attained the peak of $1.8M, and then shrank markedly in the following year.
| Export of Cereal Groats and Meal; of Maize (Corn) in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 375 | 453 | 399 | 420 | 3.8% |
| Slovenia | 931 | 578 | 407 | 196 | -40.5% |
| United States | N/A | N/A | 41.7 | 66.9 | 60.4% |
| Sweden | N/A | 0.1 | 0.7 | 18.5 | 1260.1% |
| Italy | 235 | 178 | 795 | 7.7 | -68.0% |
| Kosovo | N/A | 49.0 | 21.2 | 0.1 | -95.5% |
| Serbia | 164 | N/A | 0.3 | N/A | -95.7% |
| Others | 66.0 | 148 | 137 | 131 | 25.7% |
| Total | 1,771 | 1,407 | 1,802 | 841 | -22.0% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Croatia in 2022:
- Bosnia and Herzegovina (485.3 tons)
- Slovenia (484.2 tons)
- United States (63.9 tons)
- Italy (31.9 tons)
- Sweden (17.0 tons)
- Kosovo (0.1 tons)
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