Price for Cereals; Maize (Corn), Seed in Italy - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Italy (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Italy (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Italy
- Exports of Cereals; Maize (Corn), Seed in Italy
Price for Cereals; Maize (Corn), Seed in Italy (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $1,603 per ton in 2022, increasing by 8.9% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; maize (corn), seed import price increased by +112.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 81% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 the Netherlands ($10,255 per ton), while the price for Slovenia ($353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Italy (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $4,528 per ton in 2022, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 an increase of 35%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual 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 Greece ($6,343 per ton), while the average price for exports to Turkey ($3,037 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 Croatia (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Italy
In 2022, overseas purchases of cereals; maize (corn), seeds were finally on the rise to reach 79K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt setback.
In value terms, cereals; maize (corn), seed imports rose significantly to $126M in 2022. The total import value increased at an average annual rate of +10.4% 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 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cereals; Maize (Corn), Seed in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 37.8 | 41.0 | 42.5 | 46.2 | 6.9% |
| Netherlands | 2.2 | 3.6 | 22.1 | 24.1 | 122.1% |
| Hungary | 17.5 | 18.6 | 17.9 | 19.5 | 3.7% |
| Romania | 6.8 | 11.0 | 8.4 | 9.3 | 11.0% |
| Austria | 12.7 | 7.0 | 3.9 | 8.4 | -12.9% |
| Croatia | 5.9 | 4.5 | 4.9 | 5.4 | -2.9% |
| Slovenia | 2.8 | 2.3 | 2.5 | 2.7 | -1.2% |
| Others | 8.2 | 8.3 | 9.2 | 10.6 | 8.9% |
| Total | 93.9 | 96.2 | 111 | 126 | 10.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to Italy in 2022:
- Hungary (24.6K tons)
- Austria (16.3K tons)
- France (11.4K tons)
- Romania (8.0K tons)
- Slovenia (7.7K tons)
- Croatia (5.0K tons)
- Netherlands (2.3K tons)
Exports of Cereals; Maize (Corn), Seed in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of cereals; maize (corn), seeds, when their volume decreased by -8.2% to 17K tons. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of 18K tons, and then contracted in the following year.
In value terms, cereals; maize (corn), seed exports expanded modestly to $75M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Cereals; Maize (Corn), Seed in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.4 | 5.1 | 13.6 | 14.0 | 47.1% |
| Greece | 2.5 | 4.5 | 11.2 | 11.5 | 66.3% |
| France | 4.1 | 5.0 | 9.4 | 9.7 | 33.2% |
| Romania | 2.1 | 8.4 | 8.2 | 8.4 | 58.7% |
| Spain | 3.3 | 3.0 | 6.0 | 6.2 | 23.4% |
| Austria | 5.9 | 2.4 | 4.7 | 4.9 | -6.0% |
| Hungary | 6.2 | 2.3 | 4.5 | 4.6 | -9.5% |
| Morocco | 1.4 | 1.7 | 2.2 | 2.2 | 16.3% |
| Bulgaria | 0.1 | 2.6 | 2.1 | 2.2 | 180.2% |
| Serbia | 1.0 | 2.1 | 1.8 | 1.9 | 23.9% |
| Croatia | 1.1 | 2.0 | 0.9 | 1.3 | 5.7% |
| Albania | 0.7 | 0.8 | 1.1 | 1.2 | 19.7% |
| Germany | 0.8 | 0.3 | 1.2 | 1.2 | 14.5% |
| Others | 7.3 | 5.0 | 6.7 | 5.9 | -6.9% |
| Total | 40.8 | 45.1 | 73.5 | 75.2 | 22.6% |
Top Export Markets for Cereals; Maize (Corn), Seed from Italy in 2022:
- Turkey (4.6K tons)
- Greece (1.8K tons)
- France (1.8K tons)
- Romania (1.6K tons)
- Hungary (1.2K tons)
- Spain (1.1K tons)
- Austria (0.9K tons)
- Serbia (0.5K tons)
- Morocco (0.5K tons)
- Bulgaria (0.5K tons)
- Albania (0.3K tons)
- Germany (0.3K tons)
- Croatia (0.3K tons)
793
This report provides an in-depth analysis of the maize market in Italy.
766
This report provides an in-depth analysis of the grain market in Italy.
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.
793
This report provides an in-depth analysis of the maize market in Italy.
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>
5647
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.
1246
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.
