Price for Cereals; Maize (Corn), Seed in Egypt - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Egypt (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Egypt (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Egypt
- Exports of Cereals; Maize (Corn), Seed in Egypt
Price for Cereals; Maize (Corn), Seed in Egypt (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $4,143 per ton, remaining stable against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 123%. Over the period under review, average import prices attained the maximum at $4,422 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,463 per ton), while the price for Italy ($2,742 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Seed in Egypt (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $3,889 per ton, surging by 18% against the previous year. In general, the export price posted resilient growth. The growth pace was the most rapid in 2017 an increase of 197%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($8,208 per ton), while the average price for exports to Saudi Arabia ($466 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 Tanzania (+93.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Egypt
In 2022, after two years of decline, there was significant growth in supplies from abroad of cereals; maize (corn), seeds, when their volume increased by 854% to 1K tons. In general, imports, however, faced a deep downturn.
In value terms, cereals; maize (corn), seed imports soared to $4.3M in 2022. Over the period under review, imports posted modest growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2,632 | 1,340 | 2.9 | 2,731 | 1.2% |
| United States | 1,357 | 469 | 141 | 1,370 | 0.3% |
| Italy | 35.9 | 38.9 | 69.1 | 171 | 68.3% |
| Others | 73.6 | 34.3 | 234 | N/A | 78.3% |
| Total | 4,099 | 1,882 | 447 | 4,272 | 1.4% |
Top Suppliers of Cereals; Maize (Corn), Seed to Egypt in 2022:
- Thailand (611.9 tons)
- United States (356.7 tons)
- Italy (62.4 tons)
Exports of Cereals; Maize (Corn), Seed in Egypt
In 2022, overseas shipments of cereals; maize (corn), seeds were finally on the rise to reach 114 tons after two years of decline. Over the period under review, exports, however, saw a dramatic decline.
In value terms, cereals; maize (corn), seed exports surged to $443K in 2022. Overall, exports, however, recorded a abrupt setback.
| Export of Cereals; Maize (Corn), Seed in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 326 | 577 | 111 | 283 | -4.6% |
| Jordan | 263 | 104 | 33.8 | 111 | -25.0% |
| Palestine | 3.4 | 10.0 | 26.8 | 28.2 | 102.4% |
| Libya | 13.8 | 15.4 | 4.9 | 9.6 | -11.4% |
| Saudi Arabia | 23.7 | 7.0 | 3.3 | 9.4 | -26.5% |
| Lebanon | 54.5 | N/A | 13.4 | N/A | -50.4% |
| Iraq | 61.9 | N/A | 1.5 | N/A | -84.4% |
| Others | 23.4 | 57.3 | 104 | 1.8 | -57.5% |
| Total | 770 | 770 | 299 | 443 | -16.8% |
Top Export Markets for Cereals; Maize (Corn), Seed from Egypt in 2022:
- Jordan (36.0 tons)
- Algeria (34.5 tons)
- Saudi Arabia (20.2 tons)
- Palestine (16.6 tons)
- Libya (6.3 tons)
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This report provides an in-depth analysis of the maize market in Egypt.
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This report provides an in-depth analysis of the grain market in Egypt.
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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 Egypt.
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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 global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
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The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
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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.
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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.
