Price for Cereal Flour; of Maize (Corn) in Slovenia - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Slovenia (FOB) - 2023
- Price for Cereal Flour; of Maize (Corn) in Slovenia (CIF) - 2023
- Exports of Cereal Flour; of Maize (Corn) in Slovenia
- Imports of Cereal Flour; of Maize (Corn) in Slovenia
Price for Cereal Flour; of Maize (Corn) in Slovenia (FOB) - 2023
In September 2023, the average export price for cereal flour; of maize (corn) amounted to $255 per ton, with an increase of 2.9% against the previous month. Overall, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 11% month-to-month. As a result, the export price reached the peak level of $357 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Montenegro.
From October 2022 to September 2023, the rate of growth in terms of prices for Montenegro amounted to +17.3% per month.
Price for Cereal Flour; of Maize (Corn) in Slovenia (CIF) - 2023
The average import price for cereal flour; of maize (corn) stood at $325 per ton in September 2023, picking up by 2.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 10% month-to-month. Over the period under review, average import prices attained the peak figure at $374 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Serbia.
From October 2022 to September 2023, the rate of growth in terms of prices for Hungary amounted to -1.4% per month.
Exports of Cereal Flour; of Maize (Corn) in Slovenia
In 2022, after three years of growth, there was decline in shipments abroad of cereal flour; of maize (corn), when their volume decreased by -3.4% to 6.7K tons. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 6.9K tons, and then contracted modestly in the following year.
In value terms, cereal flour; of maize (corn) exports surged to $2.1M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Cereal Flour; of Maize (Corn) in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.8 | 1.1 | 1.7 | 2.1 | 37.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 1.1 | 1.8 | 2.1 | 37.9% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Slovenia in 2022:
- Italy (6.7K tons)
Imports of Cereal Flour; of Maize (Corn) in Slovenia
In 2022, overseas purchases of cereal flour; of maize (corn) decreased by -11.9% to 6.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 31%.
In value terms, cereal flour; of maize (corn) imports expanded rapidly to $2.1M in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Cereal Flour; of Maize (Corn) in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 21.4 | 439 | 493 | 1,119 | 273.9% |
| Hungary | 154 | 87.6 | 209 | 402 | 37.7% |
| Croatia | 441 | 415 | 809 | 295 | -12.5% |
| Italy | 138 | 164 | 181 | 160 | 5.1% |
| Others | 161 | 77.8 | 167 | 144 | -3.7% |
| Total | 916 | 1,184 | 1,859 | 2,120 | 32.3% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Slovenia in 2022:
- Serbia (3.7K tons)
- Hungary (1.5K tons)
- Croatia (1.2K tons)
- Italy (0.2K tons)
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