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

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands (FOB) - 2023
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands (CIF) - 2022
  3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands
  4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $1,793 per ton in October 2023, with an increase of 93% against the previous month. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in March 2023 an increase of 187% m-o-m. Over the period under review, the average export prices reached the maximum at $1,816 per ton in April 2023; afterwards, it flattened through to October 2023.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +4.5% per month.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands (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, picking up by 88% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,146 per ton), while the price for France ($379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume decreased by -79.2% to 6.2K tons. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,344%.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) shrank notably to $4.4M in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,001% against the previous year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A1.82.12.517.9%
Germany0.36.615.51.467.1%
Others0.61.51.30.5-5.9%
Total0.99.918.94.469.7%

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

  1. Poland (3.6K tons)
  2. Germany (2.3K tons)

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

In 2022, approx. 3.8K tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were imported into the Netherlands; waning by -78.5% compared with the year before. In general, imports faced a dramatic contraction. The smallest decline of -10.1% was in 2021.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) fell significantly to $2.6M in 2022. Overall, imports faced a dramatic decline. The smallest decline of -24% was in 2021.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.40.81.11.2-5.0%
Belgium1.92.22.60.8-25.0%
Brazil0.10.10.10.226.0%
Poland2.92.60.30.2-59.0%
Germany3.01.51.20.1-67.8%
United Kingdom1.71.1N/AN/A-35.3%
France0.80.31.2N/A22.5%
OthersN/AN/A0.10.2100.0%
Total11.78.66.62.6-39.4%

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

  1. Italy (1380.5 tons)
  2. Belgium (1233.1 tons)
  3. Brazil (376.3 tons)
  4. Poland (357.8 tons)
  5. Germany (192.5 tons)
  6. France (31.0 tons)
  7. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform

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