Price for Cereals; Maize (Corn), Seed in Australia - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Australia (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Australia (FOB) - 2023
- Imports of Cereals; Maize (Corn), Seed in Australia
- Exports of Cereals; Maize (Corn), Seed in Australia
Price for Cereals; Maize (Corn), Seed in Australia (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $2,873 per ton in 2022, picking up by 13% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 56%. The import price peaked at $4,828 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($2,902 per ton), while the price for the United States amounted to $2,594 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.0%).
Price for Cereals; Maize (Corn), Seed in Australia (FOB) - 2023
The average cereals; maize (corn), seed export price stood at $1,761 per ton in August 2023, surging by 14% against the previous month. Over the period under review, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in June 2023 an increase of 257% m-o-m. Over the period under review, the average export prices attained the maximum at $8,397 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Papua New Guinea ($3,870 per ton), while the average price for exports to Taiwan (Chinese) ($517 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Seed in Australia
Cereals; maize (corn), seed imports into Australia fell rapidly to 314 tons in 2022, waning by -77.5% on the year before. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 202%.
In value terms, cereals; maize (corn), seed imports fell significantly to $901K in 2022. In general, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year.
| Import of Cereals; Maize (Corn), Seed in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.2 | 0.9 | 3.5 | 0.8 | -42.5% |
| United States | 0.3 | 0.6 | 0.1 | 0.1 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 1.5 | 3.6 | 0.9 | -41.5% |
Top Suppliers of Cereals; Maize (Corn), Seed to Australia in 2022:
- New Zealand (284.7 tons)
- United States (28.9 tons)
Exports of Cereals; Maize (Corn), Seed in Australia
In 2022, approx. 3K tons of cereals; maize (corn), seeds were exported from Australia; increasing by 285% compared with 2021 figures. Overall, exports, however, recorded a sharp slump.
In value terms, cereals; maize (corn), seed exports skyrocketed to $4.6M in 2022. In general, exports, however, recorded a perceptible decrease.
| Export of Cereals; Maize (Corn), Seed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3,930 | 95.5 | 1,002 | 3,546 | -3.4% |
| New Caledonia | 161 | 152 | 87.5 | 310 | 24.4% |
| Papua New Guinea | 203 | 337 | 42.9 | 207 | 0.7% |
| Singapore | 52.3 | 106 | 48.0 | 170 | 48.1% |
| New Zealand | 223 | 86.3 | 19.5 | 113 | -20.3% |
| Others | 434 | 161 | 142 | 244 | -17.5% |
| Total | 5,004 | 938 | 1,342 | 4,589 | -2.8% |
Top Export Markets for Cereals; Maize (Corn), Seed from Australia in 2022:
- South Korea (2390.8 tons)
- New Zealand (164.1 tons)
- Singapore (147.9 tons)
- New Caledonia (94.2 tons)
- Papua New Guinea (93.5 tons)
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This report provides an in-depth analysis of the maize market in Australia.
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This report provides an in-depth analysis of the grain market in Australia.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in Australia.
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This report provides an in-depth analysis of the global maize market.
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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.
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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>
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Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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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.
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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.
