Price for Cereal Groats and Meal; of Maize (Corn) in Slovenia - 2023

Price for Cereal Groats and Meal; of Maize (Corn) in Slovenia (CIF) - 2022

In 2022, the average import price for cereal groats and meal; of maize (corn)s amounted to $593 per ton, rising by 39% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal groats and meal; of maize (corn)s increased by +81.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($1,834 per ton), while the price for Serbia ($486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats and Meal; of Maize (Corn) in Slovenia (FOB) - 2022

In 2022, the average export price for cereal groats and meal; of maize (corn)s amounted to $1,025 per ton, picking up by 5.6% against the previous year. Overall, the export price, however, showed a slight descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure at $1,198 per ton in 2013; however, from 2014 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 Germany ($1,908 per ton), while the average price for exports to Serbia ($458 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 Germany (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Groats and Meal; of Maize (Corn) in Slovenia

In 2022, supplies from abroad of cereal groats and meal; of maize (corn)s decreased by -15.5% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 76%. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal groats and meal; of maize (corn)s soared to $953K in 2022. Overall, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 44%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Groats and Meal; of Maize (Corn) in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	370	733	371	557	14.6%
Italy	89.8	155	146	185	27.2%
Croatia	317	258	230	156	-21.0%
Austria	81.0	72.5	17.6	30.9	-27.5%
Others	30.9	60.0	45.4	24.4	-7.6%
Total	889	1,278	810	953	2.3%

Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Slovenia in 2022:

Serbia (1147.2 tons)
Croatia (284.0 tons)
Italy (125.1 tons)
Austria (16.8 tons)

Exports of Cereal Groats and Meal; of Maize (Corn) in Slovenia

In 2022, overseas shipments of cereal groats and meal; of maize (corn)s decreased by -19.4% to 762 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 131%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cereal groats and meal; of maize (corn)s reduced to $781K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.7% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 94%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cereal Groats and Meal; of Maize (Corn) in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Croatia	324	358	398	349	2.5%
Bosnia and Herzegovina	202	236	195	200	-0.3%
Germany	N/A	28.3	154	144	125.6%
Serbia	0.5	0.3	6.4	54.1	376.5%
Russia	24.4	55.8	39.1	15.2	-14.6%
Sweden	10.0	8.6	20.2	11.7	5.4%
Italy	14.6	397	43.1	0.5	-67.5%
Others	7.5	43.2	62.0	7.7	0.9%
Total	583	1,128	918	781	10.2%