Price for Cereals; Maize (Corn), Other than Seed in Belarus - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Belarus (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Belarus (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Belarus
- Exports of Cereals; Maize (Corn), Other than Seed in Belarus
Price for Cereals; Maize (Corn), Other than Seed in Belarus (CIF) - 2022
The average import price for cereals; maize (corn), other than seeds stood at $157 per ton in March 2022, shrinking by -28.7% against the previous month. Overall, the import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in December 2021 when the average import price increased by 867% m-o-m. As a result, import price reached the peak level of $1,489 per ton. From January 2022 to March 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Ukraine amounted to +0.3% per month.
Price for Cereals; Maize (Corn), Other than Seed in Belarus (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $211 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, faced a dramatic decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 12% against the previous year. The export price peaked at $35,517 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($225 per ton), while the average price for exports to Ukraine ($160 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 Lithuania (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Belarus
After two years of decline, purchases abroad of cereals; maize (corn), other than seeds increased by 41% to 61K tons in 2022. In general, imports, however, continue to indicate a precipitous setback.
In value terms, imports of cereals; maize (corn), other than seeds surged to $20M in 2022. Over the period under review, imports, however, faced a significant decrease.
| Import of Cereals; Maize (Corn), Other than Seed in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 42.2 | 11.7 | 1.5 | 11.3 | -35.5% |
| Russia | 9.2 | 3.6 | 13.3 | 8.3 | -3.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 51.5 | 15.4 | 14.9 | 19.7 | -27.4% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Belarus in 2022:
- Ukraine (44.8K tons)
- Russia (16.6K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Belarus
In 2022, the amount of cereals; maize (corn), other than seeds exported from Belarus surged to 61K tons, picking up by 20% on 2021 figures. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 51,311% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of cereals; maize (corn), other than seeds skyrocketed to $13M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 56,940% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Cereals; Maize (Corn), Other than Seed in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | 0.6 | 0.7 | 10.7 | 322.3% |
| Russia | N/A | N/A | 0.1 | 1.3 | 1200.0% |
| Ukraine | N/A | 0.2 | N/A | 0.8 | 100.0% |
| Norway | N/A | N/A | 0.9 | N/A | 0% |
| Latvia | N/A | 0.5 | 2.5 | N/A | 400.0% |
| Lithuania | N/A | 5.5 | 6.0 | N/A | 9.1% |
| Turkey | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 6.8 | 10.7 | 12.8 | 37.2% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Belarus in 2022:
- Estonia (50.1K tons)
- Russia (5.6K tons)
- Ukraine (5.0K tons)
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This report provides an in-depth analysis of the maize market in Belarus.
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This report provides an in-depth analysis of the global maize market.
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Discover the key import markets for maize globally, including China, Mexico, Japan, and more. Learn about the demand drivers and trends shaping the maize trade.
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The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>
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In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
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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.
