Price for Cereals; Maize (Corn), Other than Seed in Iran - 2022

Contents:

  1. Price for Cereals; Maize (Corn), Other than Seed in Iran (CIF) - 2022
  2. Price for Cereals; Maize (Corn), Other than Seed in Iran (FOB) - 2022
  3. Imports of Cereals; Maize (Corn), Other than Seed in Iran
  4. Exports of Cereals; Maize (Corn), Other than Seed in Iran

Price for Cereals; Maize (Corn), Other than Seed in Iran (CIF) - 2022

In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $209 per ton, falling by -13.6% against the previous year. Overall, the import price showed a noticeable slump. The growth pace was the most rapid in 2021 when the average import price increased by 38%. The import price peaked at $260 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($211 per ton), while the price for Ukraine ($184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.4%), while the prices for the other major suppliers experienced a decline.

Price for Cereals; Maize (Corn), Other than Seed in Iran (FOB) - 2022

In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $239 per ton, which is down by -4.5% against the previous year. Overall, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 34%. As a result, the export price attained the peak level of $399 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($250 per ton), while the average price for exports to the United Arab Emirates amounted to $122 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+10.3%), while the prices for the other major destinations experienced a decline.

Imports of Cereals; Maize (Corn), Other than Seed in Iran

In 2022, the amount of cereals; maize (corn), other than seeds imported into Iran shrank to 6.2M tons, approximately reflecting the previous year. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 1.4%.

In value terms, imports of cereals; maize (corn), other than seeds fell to $1.3B in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year.

Import of Cereals; Maize (Corn), Other than Seed in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil9727457021,1455.6%
Ukraine15722443892.1-16.3%
Romania38.554.834261.717.0%
Russia386N/AN/AN/A0%
Others16.064.335.44.3-35.5%
Total1,5691,0881,5181,303-6.0%

Top Suppliers of Cereals; Maize (Corn), Other than Seed to Iran in 2022:

  1. Brazil (5.4M tons)
  2. Ukraine (0.5M tons)
  3. Romania (0.3M tons)

Exports of Cereals; Maize (Corn), Other than Seed in Iran

After three years of growth, overseas shipments of cereals; maize (corn), other than seeds decreased by -29.6% to 1.4K tons in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. As a result, the exports attained the peak of 1.9K tons, and then declined rapidly in the following year.

In value terms, exports of cereals; maize (corn), other than seeds fell remarkably to $324K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 191%.

Export of Cereals; Maize (Corn), Other than Seed in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman0.21384803041049.8%
United Arab Emirates2.80.62.116.379.9%
Pakistan52.6N/A0.1N/A-95.6%
TurkeyN/A27.5N/AN/A0%
Others1.5N/A0.13.937.5%
Total57.016648232478.5%

Top Export Markets for Cereals; Maize (Corn), Other than Seed from Iran in 2022:

  1. Oman (1216.1 tons)
  2. United Arab Emirates (134.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; maize (corn), other than seed - Iran