Price for Cereal Groats and Meal; of Maize (Corn) in Switzerland - 2023
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Switzerland (CIF) - 2023
- Price for Cereal Groats and Meal; of Maize (Corn) in Switzerland (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Switzerland
- Exports of Cereal Groats and Meal; of Maize (Corn) in Switzerland
Price for Cereal Groats and Meal; of Maize (Corn) in Switzerland (CIF) - 2023
In December 2023, the average import price for cereal groats and meal; of maize (corn)s amounted to $911 per ton, increasing by 4.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 15% against the previous month. As a result, import price attained the peak level of $1,121 per ton. From November 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($4,342 per ton), while the price for Poland ($696 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Maize (Corn) in Switzerland (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $1,853 per ton in 2022, picking up by 4.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 90%. As a result, the export price reached the peak level of $4,154 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,136 per ton), while the average price for exports to France ($1,397 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 (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereal Groats and Meal; of Maize (Corn) in Switzerland
Imports of cereal groats and meal; of maize (corn)s into Switzerland expanded remarkably to 1.8K tons in 2022, picking up by 7.2% compared with the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of cereal groats and meal; of maize (corn)s rose sharply to $1.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Cereal Groats and Meal; of Maize (Corn) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 220 | 233 | 371 | 526 | 33.7% |
| Poland | 64.7 | 143 | 49.7 | 324 | 71.1% |
| France | 226 | 277 | 376 | 186 | -6.3% |
| Germany | 124 | 233 | 175 | 148 | 6.1% |
| Serbia | 41.8 | 84.0 | 84.3 | 98.4 | 33.0% |
| Austria | 4.6 | 4.6 | 40.4 | 64.4 | 141.0% |
| Hungary | N/A | N/A | 28.4 | 18.1 | -36.3% |
| Others | 20.2 | 21.4 | 84.7 | 24.3 | 6.4% |
| Total | 701 | 997 | 1,209 | 1,388 | 25.6% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Switzerland in 2022:
- Poland (777.0 tons)
- Italy (496.8 tons)
- France (224.7 tons)
- Serbia (123.0 tons)
- Germany (77.6 tons)
- Hungary (49.2 tons)
- Austria (35.1 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Switzerland
Exports of cereal groats and meal; of maize (corn)s from Switzerland reduced rapidly to 17 tons in 2022, dropping by -16.4% compared with the previous year's figure. Over the period under review, exports showed a deep contraction. The smallest decline of -13.4% was in 2020.
In value terms, exports of cereal groats and meal; of maize (corn)s dropped to $32K in 2022. Overall, exports showed a precipitous descent. The smallest decline of -6.9% was in 2020.
| Export of Cereal Groats and Meal; of Maize (Corn) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.8 | 17.5 | 18.1 | 13.7 | 2.3% |
| Austria | 14.0 | 10.9 | 14.3 | 11.1 | -7.4% |
| Malaysia | 7.0 | 2.1 | 1.2 | 5.3 | -8.9% |
| France | 44.3 | 45.0 | 2.4 | 2.1 | -63.8% |
| Others | 3.2 | 0.1 | 0.9 | N/A | -47.0% |
| Total | 81.3 | 75.7 | 36.8 | 32.2 | -26.6% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Switzerland in 2022:
- Austria (6.8 tons)
- Germany (6.6 tons)
- Malaysia (2.5 tons)
- France (1.5 tons)
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