Price for Cereals; Maize (Corn), Other than Seed in Sudan - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Sudan (FOB) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Sudan (CIF) - 2022
- Exports of Cereals; Maize (Corn), Other than Seed in Sudan
- Imports of Cereals; Maize (Corn), Other than Seed in Sudan
Price for Cereals; Maize (Corn), Other than Seed in Sudan (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $274 per ton, dropping by -25.4% against the previous year. In general, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. The export price peaked at $386 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($521 per ton), while the average price for exports to the Netherlands ($254 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 Qatar (+9.6%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Maize (Corn), Other than Seed in Sudan (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $375 per ton, picking up by 5% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereals; maize (corn), other than seeds decreased by -21.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. As a result, import price reached the peak level of $478 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($2,351 per ton), while the price for Italy ($329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereals; Maize (Corn), Other than Seed in Sudan
In 2022, overseas shipments of cereals; maize (corn), other than seeds were finally on the rise to reach 6.1K tons after two years of decline. Over the period under review, exports, however, faced a precipitous descent.
In value terms, exports of cereals; maize (corn), other than seeds skyrocketed to $1.7M in 2022. Overall, exports, however, recorded a drastic downturn.
| Export of Cereals; Maize (Corn), Other than Seed in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,164 | 1,203 | 928 | 1,364 | 5.4% |
| Netherlands | 507 | 425 | 266 | 214 | -25.0% |
| Qatar | 799 | 266 | 121 | 69.2 | -55.8% |
| United Arab Emirates | 143 | 92.4 | 44.7 | 25.8 | -43.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,612 | 1,986 | 1,360 | 1,673 | -13.8% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Sudan in 2022:
- Saudi Arabia (5.1K tons)
- Netherlands (0.8K tons)
- United Arab Emirates (0.1K tons)
- Qatar (0.1K tons)
Imports of Cereals; Maize (Corn), Other than Seed in Sudan
After three years of growth, purchases abroad of cereals; maize (corn), other than seeds decreased by -13% to 736 tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 35%.
In value terms, imports of cereals; maize (corn), other than seeds fell to $276K in 2022. The total import value increased at an average annual rate of +10.2% 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 when imports increased by 21%.
| Import of Cereals; Maize (Corn), Other than Seed in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 184 | 219 | 259 | 225 | 6.9% |
| Italy | 9.2 | 9.1 | 12.9 | 13.3 | 13.1% |
| Others | 13.3 | 21.8 | 30.3 | 38.2 | 42.1% |
| Total | 206 | 250 | 302 | 276 | 10.2% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Sudan in 2022:
- Romania (670.4 tons)
- Italy (40.6 tons)
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