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

Contents:

  1. Price for Cereal Groats and Meal; of Maize (Corn) in Sweden (CIF) - 2022
  2. Price for Cereal Groats and Meal; of Maize (Corn) in Sweden (FOB) - 2022
  3. Imports of Cereal Groats and Meal; of Maize (Corn) in Sweden
  4. Exports of Cereal Groats and Meal; of Maize (Corn) in Sweden

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

The average import price for cereal groats and meal; of maize (corn)s stood at $689 per ton in 2022, rising by 26% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $783 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($916 per ton), while the price for Turkey ($385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cereal groats and meal; of maize (corn)s stood at $2,047 per ton in 2022, growing by 30% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $2,248 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($8,394 per ton), while the average price for exports to Denmark ($1,268 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 Poland (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 619 tons of cereal groats and meal; of maize (corn)s were imported into Sweden; with a decrease of -63% on 2021. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 2.3%.

In value terms, imports of cereal groats and meal; of maize (corn)s dropped significantly to $426K in 2022. In general, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $913K, and then fell significantly in the following year.

Import of Cereal Groats and Meal; of Maize (Corn) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany737732850338-22.9%
Netherlands7.67.68.48.64.2%
Turkey5.99.72.05.2-4.1%
Others40.536.452.774.022.3%
Total791786913426-18.6%

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

  1. Germany (577.8 tons)
  2. Turkey (13.5 tons)
  3. Netherlands (9.4 tons)

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

In 2022, approx. 67 tons of cereal groats and meal; of maize (corn)s were exported from Sweden; reducing by -30.1% compared with the previous year's figure. Overall, exports recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports attained the peak of 95 tons, and then fell dramatically in the following year.

In value terms, exports of cereal groats and meal; of maize (corn)s declined to $136K in 2022. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, the exports attained the peak of $150K, and then contracted in the following year.

Export of Cereal Groats and Meal; of Maize (Corn) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark19.638.284.255.541.5%
Poland21.6N/A34.836.619.2%
Spain0.50.426.324.7266.9%
Norway18.8N/A4.513.7-10.0%
GermanyN/AN/AN/A4.90%
Finland34.026.5N/A0.1-85.7%
Others5.90.10.20.9-46.6%
Total10065.215013610.8%

Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Sweden in 2022:

  1. Denmark (43.8 tons)
  2. Poland (11.5 tons)
  3. Norway (5.4 tons)
  4. Spain (2.9 tons)
  5. Germany (2.8 tons)

Source: IndexBox Market Intelligence Platform

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