Price for Cereals; Maize (Corn), Other than Seed in Algeria - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Algeria (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Algeria (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Algeria
- Exports of Cereals; Maize (Corn), Other than Seed in Algeria
Price for Cereals; Maize (Corn), Other than Seed in Algeria (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $187 per ton, with a decrease of -13.4% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 30%. Over the period under review, average import prices attained the maximum at $277 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($201 per ton) and the United States ($191 per ton), while the price for Paraguay ($183 per ton) and Ukraine ($184 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.3%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Maize (Corn), Other than Seed in Algeria (FOB) - 2022
In 2021, the average export price for cereals; maize (corn), other than seeds amounted to $142 per ton, with an increase of 14% against the previous year. In general, the export price, however, recorded a dramatic curtailment. The export price peaked at $600 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2016 to 2021, the rate of growth in terms of prices for Niger amounted to +13.6% per year.
Imports of Cereals; Maize (Corn), Other than Seed in Algeria
In 2022, purchases abroad of cereals; maize (corn), other than seeds was finally on the rise to reach 4.3M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep downturn.
In value terms, imports of cereals; maize (corn), other than seeds expanded to $811M in 2022. Overall, imports, however, showed a perceptible curtailment.
| Import of Cereals; Maize (Corn), Other than Seed in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 705 | 594 | 566 | 549 | -8.0% |
| Brazil | 100 | 184 | 134 | 171 | 19.6% |
| Ukraine | 8.5 | 12.8 | 17.7 | 31.0 | 53.9% |
| United States | 11.6 | 13.5 | 44.0 | 30.0 | 37.3% |
| Paraguay | 14.8 | 6.8 | 13.6 | 15.9 | 2.4% |
| Others | 20.6 | 18.2 | 16.6 | 14.2 | -11.7% |
| Total | 861 | 830 | 793 | 811 | -2.0% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Algeria in 2022:
- Argentina (2969.5K tons)
- Brazil (853.8K tons)
- Ukraine (168.1K tons)
- United States (157.5K tons)
- Paraguay (86.9K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Algeria
In 2021, exports of cereals; maize (corn), other than seeds from Algeria stood at 5.1 tons, rising by 1.9% compared with 2020 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 9,900% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of cereals; maize (corn), other than seeds surged to $722 in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,361% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.
| Export of Cereals; Maize (Corn), Other than Seed in Algeria (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Niger | N/A | 623 | 722 | 15.9% |
| Others | 18.0 | N/A | N/A | 0% |
| Total | 18.0 | 623 | 722 | 533.3% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Algeria in 2022:
- Niger (5.1 tons)
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Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
