Price for Cereals; Maize (Corn), Other than Seed in Venezuela - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Venezuela (CIF) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Venezuela
Price for Cereals; Maize (Corn), Other than Seed in Venezuela (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $201 per ton, which is down by -20.1% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. The import price peaked at $293 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($222 per ton), while the price for Argentina ($168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Cereals; Maize (Corn), Other than Seed in Venezuela
In 2022, imports of cereals; maize (corn), other than seeds into Venezuela skyrocketed to 1.1M tons, rising by 70% on the previous year's figure. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 70%. As a result, imports attained the peak of 1.6M tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereals; maize (corn), other than seeds surged to $230M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year. As a result, imports attained the peak of $291M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereals; Maize (Corn), Other than Seed in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.4 | 101 | 107 | 110 | 158.1% |
| Brazil | 10.9 | 21.7 | 43.0 | 79.5 | 93.9% |
| Argentina | 13.1 | 29.1 | 19.2 | 40.8 | 46.0% |
| Mexico | 135 | 139 | N/A | N/A | 3.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 165 | 291 | 169 | 230 | 11.7% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Venezuela in 2022:
- United States (494.6K tons)
- Brazil (406.6K tons)
- Argentina (243.4K tons)
569
This report provides an in-depth analysis of the maize market in Venezuela.
316
This report provides an in-depth analysis of the grain market in Venezuela.
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.
569
This report provides an in-depth analysis of the maize market in Venezuela.
8027
This report provides an in-depth analysis of the global maize market.
219
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.
2090
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>
5646
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1535
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.
1245
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.
