Price for Cereals; Maize (Corn), Other than Seed in Chile - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Chile (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Chile (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Chile
- Exports of Cereals; Maize (Corn), Other than Seed in Chile
Price for Cereals; Maize (Corn), Other than Seed in Chile (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $300 per ton, increasing by 1.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($311 per ton), while the price for Paraguay ($277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Maize (Corn), Other than Seed in Chile (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $8,898 per ton in 2022, rising by 34% against the previous year. Over the period under review, the export price showed a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 137%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($69,613 per ton), while the average price for exports to Papua New Guinea ($1,329 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 the Netherlands (+267.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Chile
In 2022, imports of cereals; maize (corn), other than seeds into Chile surged to 2.8M tons, with an increase of 18% against 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period.
In value terms, imports of cereals; maize (corn), other than seeds soared to $832M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 372 | 482 | 573 | 589 | 16.6% |
| Paraguay | 71.7 | 42.8 | 46.8 | 235 | 48.5% |
| Others | 14.2 | 31.9 | 69.2 | 8.0 | -17.4% |
| Total | 458 | 557 | 689 | 832 | 22.0% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Chile in 2022:
- Argentina (1897.7K tons)
- Paraguay (848.5K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Chile
In 2022, overseas shipments of cereals; maize (corn), other than seeds decreased by -71.7% to 173 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 586%. As a result, the exports reached the peak of 826 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereals; maize (corn), other than seeds shrank significantly to $1.5M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 753%.
| Export of Cereals; Maize (Corn), Other than Seed in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 33.5 | 673 | 1,435 | 967 | 206.8% |
| Germany | 2.3 | 4.7 | 146 | 192 | 337.0% |
| United States | 125 | 467 | 1,881 | 100 | -7.2% |
| Papua New Guinea | 96.8 | 70.6 | 47.0 | 96.4 | -0.1% |
| Paraguay | N/A | 38.0 | 252 | 69.5 | 35.2% |
| Spain | N/A | N/A | 0.2 | 59.1 | 29450.0% |
| Bolivia | 0.1 | 2.0 | 39.0 | 40.5 | 639.9% |
| Hungary | N/A | 132 | N/A | N/A | 0% |
| Italy | N/A | 40.3 | N/A | N/A | 0% |
| Romania | N/A | 847 | 2.1 | N/A | -99.8% |
| Others | 13.4 | 32.2 | 248 | 17.6 | 9.5% |
| Total | 271 | 2,307 | 4,051 | 1,542 | 78.5% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Chile in 2022:
- Papua New Guinea (72.6 tons)
- Germany (39.9 tons)
- United States (27.8 tons)
- France (13.9 tons)
- Paraguay (6.9 tons)
- Spain (5.9 tons)
- Bolivia (4.0 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.
