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

Contents:

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

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

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $611 per ton in 2022, surging by 160% against the previous year. In general, the import price, however, recorded a deep contraction. The import price peaked at $1,206 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($636 per ton), while the price for Sweden ($221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%).

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

In 2021, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $291 per ton, jumping by 37% against the previous year. In general, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -13.3% against 2018 indices. The export price peaked at $335 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Switzerland amounted to +4.8% per year.

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

For the fourth year in a row, Slovakia recorded growth in purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), which increased by 120% to 1.1K tons in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $645K in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (997.1 tons)
2. Sweden (28.0 tons)
3. Netherlands (16.7 tons)

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

In 2021, after two 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 -64.4% to 103 tons. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 12,287%. As a result, the exports attained the peak of 290 tons, and then shrank rapidly in the following year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) dropped significantly to $30K in 2021. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 8,750%. As a result, the exports reached the peak of $61K, and then shrank significantly in the following year.

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

1. Germany (103.2 tons)

Source: IndexBox Market Intelligence Platform