Price for Cereals; Maize (Corn), Seed in Sudan - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Sudan (CIF) - 2022
- Imports of Cereals; Maize (Corn), Seed in Sudan
Price for Cereals; Maize (Corn), Seed in Sudan (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $5,072 per ton, rising by 4.2% against the previous year. Over the period under review, the import price saw mild growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 135%. As a result, import price attained the peak level of $10,466 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Turkey ($55,036 per ton), while the price for Tanzania ($2,397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+75.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Sudan
In 2022, the amount of cereals; maize (corn), seeds imported into Sudan reduced dramatically to 60 tons, with a decrease of -47.3% compared with the previous year. In general, imports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 742%.
In value terms, cereals; maize (corn), seed imports reduced markedly to $304K in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 908%. As a result, imports reached the peak of $554K, and then shrank dramatically in the following year.
| Import of Cereals; Maize (Corn), Seed in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 173 | 23.9 | 219 | 122 | -11.0% |
| Turkey | 123 | 21.2 | 218 | 119 | -1.1% |
| Egypt | 52.4 | 7.5 | 70.8 | 40.9 | -7.9% |
| Others | 41.1 | 2.4 | 46.2 | 22.5 | -18.2% |
| Total | 390 | 54.9 | 554 | 304 | -8.0% |
Top Suppliers of Cereals; Maize (Corn), Seed to Sudan in 2022:
- Tanzania (50.9 tons)
- Egypt (6.1 tons)
- Turkey (2.2 tons)
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This report provides an in-depth analysis of the maize market in Sudan.
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This report provides an in-depth analysis of the grain market in Sudan.
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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 Sudan.
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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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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.
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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
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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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