Price for Cereal Flour; of Maize (Corn) in India - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in India (FOB) - 2023
- Price for Cereal Flour; of Maize (Corn) in India (CIF) - 2022
- Exports of Cereal Flour; of Maize (Corn) in India
- Imports of Cereal Flour; of Maize (Corn) in India
Price for Cereal Flour; of Maize (Corn) in India (FOB) - 2023
The average export price for cereal flour; of maize (corn) stood at $421 per ton in July 2023, with a decrease of -22.7% against the previous month. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in September 2022 when the average export price increased by 49% against the previous month. As a result, the export price attained the peak level of $1,741 per ton. From October 2022 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($733 per ton), while the average price for exports to Senegal ($327 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in India (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $4,670 per ton in 2022, with an increase of 187% against the previous year. Overall, the import price showed a resilient increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 214%. As a result, import price reached the peak level of $5,796 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,108 per ton), while the price for Japan amounted to $1,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flour; of Maize (Corn) in India
For the fourth consecutive year, India recorded growth in overseas shipments of cereal flour; of maize (corn), which increased by 128% to 28K tons in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour; of maize (corn) exports surged to $15M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flour; of Maize (Corn) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 120 | 174 | 109 | 7,685 | 300.1% |
| South Korea | 2,122 | 3,092 | 2,876 | 3,534 | 18.5% |
| Bangladesh | 3.2 | 0.7 | 1.3 | 870 | 547.8% |
| Senegal | 0.3 | 0.1 | 20.3 | 870 | 1326.0% |
| Thailand | 461 | 520 | 401 | 577 | 7.8% |
| Nepal | 79.3 | 60.0 | 133 | 206 | 37.5% |
| Angola | 0.1 | N/A | 0.2 | 179 | 1114.2% |
| United Arab Emirates | 126 | 99.1 | 135 | 91.6 | -10.1% |
| Others | 669 | 858 | 952 | 1,218 | 22.1% |
| Total | 3,581 | 4,804 | 4,626 | 15,230 | 62.0% |
Top Export Markets for Cereal Flour; of Maize (Corn) from India in 2022:
- United States (9.4K tons)
- South Korea (9.0K tons)
- Bangladesh (2.8K tons)
- Senegal (2.3K tons)
- Thailand (1.4K tons)
- Nepal (0.6K tons)
- Angola (0.5K tons)
- United Arab Emirates (0.2K tons)
Imports of Cereal Flour; of Maize (Corn) in India
In 2022, overseas purchases of cereal flour; of maize (corn) decreased by -58.7% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 106%. As a result, imports attained the peak of 93 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal flour; of maize (corn) imports skyrocketed to $54K in 2022. In general, imports saw a abrupt setback.
| Import of Cereal Flour; of Maize (Corn) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.1 | 29.8 | 34.4 | 51.1 | -4.7% |
| Japan | N/A | N/A | N/A | 2.8 | 0% |
| South Korea | N/A | 19.5 | N/A | N/A | 0% |
| Thailand | N/A | 36.9 | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 9.1 | N/A | 0% |
| Netherlands | 5.3 | N/A | N/A | N/A | 0% |
| Turkey | 10.1 | N/A | N/A | N/A | 0% |
| Others | 10.3 | 10.2 | 1.9 | N/A | -57.1% |
| Total | 84.8 | 96.3 | 45.4 | 53.9 | -14.0% |
Top Suppliers of Cereal Flour; of Maize (Corn) to India in 2022:
- United States (10.0 tons)
- Japan (1.5 tons)
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This report provides an in-depth analysis of the global non-wheat flour market.
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This report provides an in-depth analysis of the cereal flour market in India.
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This report provides an in-depth analysis of the non-wheat flour market in India.
2533
This report provides an in-depth analysis of the global cereal flour market.
762
This report provides an in-depth analysis of the global non-wheat flour market.
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The rate of growth for Cereal Flour was highest in March 2023, with a remarkable month-to-month increase of 163%. In terms of value, exports of Cereal Flour surged to $12M in July 2023.
245
The rate of growth for Cereal Flour was highest in March 2023, with a remarkable month-to-month increase of 163%. In terms of value, exports of Cereal Flour surged to $12M in July 2023.
