Price for Cereals; Maize (Corn), Other than Seed in Qatar - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Qatar (CIF) - 2023
- Imports of Cereals; Maize (Corn), Other than Seed in Qatar
Price for Cereals; Maize (Corn), Other than Seed in Qatar (CIF) - 2023
The average import price for cereals; maize (corn), other than seeds stood at $380 per ton in August 2023, surging by 9.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 24% m-o-m. Over the period under review, average import prices attained the maximum at $419 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($446 per ton), while the price for Pakistan ($268 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Qatar
In 2022, overseas purchases of cereals; maize (corn), other than seeds decreased by -32.4% to 47K tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of 92K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cereals; maize (corn), other than seeds shrank markedly to $18M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year.
| Import of Cereals; Maize (Corn), Other than Seed in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.4 | 15.3 | 6.4 | 9.9 | 22.4% |
| Argentina | 5.6 | 1.4 | 2.5 | 3.2 | -17.0% |
| Pakistan | 0.3 | 0.1 | 0.4 | 2.1 | 91.3% |
| Bulgaria | N/A | 0.5 | N/A | 1.2 | 54.9% |
| Ukraine | 1.4 | 1.2 | 0.2 | 0.7 | -20.6% |
| Oman | N/A | N/A | N/A | 0.4 | 0% |
| United States | 2.8 | 0.2 | 0.1 | 0.3 | -52.5% |
| India | 0.5 | 0.3 | 4.4 | 0.2 | -26.3% |
| Spain | N/A | N/A | 1.4 | N/A | 0% |
| Serbia | N/A | 1.0 | 2.1 | N/A | 110.0% |
| Others | 0.3 | 1.4 | 4.3 | 0.2 | -12.6% |
| Total | 16.4 | 21.3 | 21.8 | 18.2 | 3.5% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Qatar in 2022:
- Romania (25.9K tons)
- Argentina (7.5K tons)
- Pakistan (6.3K tons)
- Bulgaria (2.8K tons)
- Ukraine (1.8K tons)
- Oman (1.0K tons)
- India (0.7K tons)
- United States (0.2K tons)
472
This report provides an in-depth analysis of the maize market in Qatar.
629
This report provides an in-depth analysis of the grain market in Qatar.
8027
This report provides an in-depth analysis of the global maize market.
4230
This report provides an in-depth analysis of the global grain market.
472
This report provides an in-depth analysis of the maize market in Qatar.
8027
This report provides an in-depth analysis of the global maize market.
137
During the review period, Maize imports reached a peak of 92K tons in 2020, but failed to recover momentum from 2021 to 2023. Maize imports saw a significant increase in value, reaching $21M in 2023.
218
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.
1860
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
2086
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
578
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.
1336
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.
1570
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
1070
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>
5645
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1534
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.
