Price for Cereals; Maize (Corn), Other than Seed in Germany - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Germany (CIF) - 2023
- Price for Cereals; Maize (Corn), Other than Seed in Germany (FOB) - 2023
- Imports of Cereals; Maize (Corn), Other than Seed in Germany
- Exports of Cereals; Maize (Corn), Other than Seed in Germany
Price for Cereals; Maize (Corn), Other than Seed in Germany (CIF) - 2023
In August 2023, the average import price for cereals; maize (corn), other than seeds amounted to $274 per ton, dropping by -5.3% against the previous month. Overall, the import price showed a mild setback. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 9.6% against the previous month. Over the period under review, average import prices attained the peak figure at $350 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From October 2022 to August 2023, the rate of growth in terms of prices for France amounted to +0.8% per month.
Price for Cereals; Maize (Corn), Other than Seed in Germany (FOB) - 2023
In August 2023, the average export price for cereals; maize (corn), other than seeds amounted to $381 per ton, surging by 42% against the previous month. Over the last ten months, it increased at an average monthly rate of +2.6%. 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 August 2023, the country with the highest price was Switzerland ($594 per ton), while the average price for exports to Iceland amounted to $246 per ton.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Germany
After two years of decline, supplies from abroad of cereals; maize (corn), other than seeds increased by 7.4% to 3.1M tons in 2022. Over the period under review, imports, however, showed a abrupt slump.
In value terms, imports of cereals; maize (corn), other than seeds surged to $1B in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 162 | 197 | 278 | 536 | 49.0% |
| Ukraine | 316 | 73.7 | 44.3 | 129 | -25.8% |
| France | 77.9 | 81.9 | 75.1 | 122 | 16.1% |
| Hungary | 120 | 154 | 108 | 61.5 | -20.0% |
| Netherlands | 85.1 | 97.0 | 72.1 | 57.7 | -12.1% |
| Czech Republic | 14.0 | 20.5 | 39.8 | 36.7 | 37.9% |
| Slovakia | 22.0 | 19.2 | 30.7 | 21.5 | -0.8% |
| Romania | 59.6 | 42.2 | 34.9 | 9.8 | -45.2% |
| Others | 40.8 | 44.2 | 35.9 | 32.2 | -7.6% |
| Total | 897 | 731 | 719 | 1,006 | 3.9% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Germany in 2022:
- Poland (1650.3K tons)
- Ukraine (388.9K tons)
- France (376.4K tons)
- Hungary (194.0K tons)
- Netherlands (173.9K tons)
- Czech Republic (125.5K tons)
- Slovakia (67.8K tons)
- Romania (32.6K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Germany
In 2022, overseas shipments of cereals; maize (corn), other than seeds decreased by -25.6% to 564K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. As a result, the exports reached the peak of 759K tons, and then shrank markedly in the following year.
In value terms, exports of cereals; maize (corn), other than seeds contracted to $189M in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 139%. As a result, the exports attained the peak of $200M, and then fell in the following year.
| Export of Cereals; Maize (Corn), Other than Seed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 23.4 | 31.2 | 118 | 87.2 | 55.0% |
| France | 28.1 | 32.0 | 45.9 | 32.3 | 4.8% |
| Austria | 5.9 | 6.4 | 8.1 | 23.0 | 57.4% |
| Italy | 0.8 | 0.9 | 8.1 | 21.9 | 201.4% |
| Switzerland | 4.0 | 4.4 | 7.8 | 12.6 | 46.6% |
| Belgium | 3.4 | 6.0 | 7.5 | 5.7 | 18.8% |
| Others | 5.5 | 3.0 | 4.4 | 6.1 | 3.5% |
| Total | 71.0 | 83.8 | 200 | 189 | 38.6% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Germany in 2022:
- Netherlands (259.4K tons)
- France (109.0K tons)
- Austria (69.0K tons)
- Italy (64.8K tons)
- Switzerland (34.1K tons)
- Belgium (15.1K 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.
