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

Contents:

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

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

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $3,410 per ton, surging by 12% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -12.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. Over the period under review, average import prices reached the peak figure at $3,890 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($5,728 per ton), while the price for Spain ($2,082 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $3,244 per ton, jumping by 59% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 an increase of 131%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6,957 per ton), while the average price for exports to Lithuania totaled $1,900 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+18.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) imported into Sweden soared to 97 tons, picking up by 49% against 2021 figures. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) soared to $332K in 2022. In general, imports continue to indicate a prominent expansion. As a result, imports reached 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 Sweden in 2022:

1. Spain (52.4 tons)
2. Netherlands (31.5 tons)
3. France (10.0 tons)
4. Jordan (1.5 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume increased by 2,391% to 2.3 tons. Over the period under review, exports, however, showed a abrupt setback.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $7.4K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (1682.0 kg)
2. United Kingdom (608.0 kg)

Source: IndexBox Market Intelligence Platform