Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (FOB) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (CIF) - 2022
  3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina
  4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $223 per ton in 2022, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($241 per ton), while the average price for exports to Paraguay ($198 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 Chile (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $701 per ton, rising by 23% against the previous year. Overall, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. The import price peaked in 2022 and is likely to continue 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 Brazil ($796 per ton), while the price for Bolivia stood at $199 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.2%).

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina

In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -8.9% to 495K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 621% against the previous year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) rose remarkably to $111M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 415%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay0.79.061.369.5363.1%
Chile0.64.026.739.0302.1%
ParaguayN/AN/AN/A1.70%
Germany1.74.36.9N/A101.5%
Others0.71.83.20.3-24.6%
Total3.719.198.1111210.7%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Argentina in 2022:

  1. Uruguay (323.2K tons)
  2. Chile (162.1K tons)
  3. Paraguay (8.6K tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina

In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) into Argentina stood at 81 tons, approximately mirroring 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 147%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $57K in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 262% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.410.243.754.5131.4%
Bolivia0.22.52.52.6135.1%
OthersN/AN/AN/AN/A0%
Total4.612.746.257.1131.5%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Argentina in 2022:

  1. Brazil (68.5 tons)
  2. Bolivia (12.9 tons)

Source: IndexBox Market Intelligence Platform

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