Price for Cereals; Maize (Corn), Other than Seed in Finland - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Finland (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Finland (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Finland
- Exports of Cereals; Maize (Corn), Other than Seed in Finland
Price for Cereals; Maize (Corn), Other than Seed in Finland (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $326 per ton, rising by 18% against the previous year. Overall, the import price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $475 per ton in 2012; however, from 2013 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 country with the highest price was Poland ($327 per ton), while the price for Russia amounted to $299 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Maize (Corn), Other than Seed in Finland (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $2,986,000 per ton, growing by 114,071% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Sweden ($3,973,889 per ton), while the average price for exports to Russia ($2,000 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 Sweden (+3,548.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Finland
In 2022, approx. 77K tons of cereals; maize (corn), other than seeds were imported into Finland; growing by 139% against the previous year. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; maize (corn), other than seeds skyrocketed to $25M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereals; Maize (Corn), Other than Seed in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 0.6 | 2.1 | 6.9 | 21.8 | 231.2% |
Russia | 1.7 | 2.1 | 1.2 | 3.0 | 20.8% |
Ukraine | 2.7 | N/A | N/A | N/A | 0% |
Others | 0.7 | 0.9 | 0.9 | 0.3 | -24.6% |
Total | 5.7 | 5.0 | 8.9 | 25.1 | 63.9% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Finland in 2022:
- Poland (66.7K tons)
- Russia (9.9K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Finland
In 2022, approx. 12 kg of cereals; maize (corn), other than seeds were exported from Finland; which is down by -7.7% compared with the year before. Over the period under review, exports continue to indicate a precipitous descent.
In value terms, exports of cereals; maize (corn), other than seeds soared to $36K in 2022. In general, exports, however, recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereals; Maize (Corn), Other than Seed in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Sweden | 3.5 | N/A | 35.8 | 219.8% | |
United States | N/A | N/A | 0.1 | 0% | |
Russia | N/A | N/A | N/A | 0% | |
United Kingdom | N/A | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 3.5 | N/A | 35.8 | 219.8% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Finland in 2022:
- Sweden (9.0 kg)
- United States (1.0 kg)
- United Kingdom (1.0 kg)
- Russia (1.0 kg)
This report provides an in-depth analysis of the maize market in Finland.
This report provides an in-depth analysis of the grain market in Finland.
This report provides an in-depth analysis of the global maize market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the maize market in Finland.
This report provides an in-depth analysis of the global maize market.
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.
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions.
Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.
Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long
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>
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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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