Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (FOB) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (CIF) - 2022
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $482 per ton in 2022, with an increase of 13% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by +18.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 78%. As a result, the export price attained the peak level of $728 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +16.2% per year.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (CIF) - 2022
In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $569 per ton, rising by 11% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% 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) increased by +36.3% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 98%. The import price peaked at $683 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +8.1% per year.
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam
In 2022, approx. 35 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were exported from Vietnam; surging by 13% on the year before. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 189% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $17K in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 179% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 1.8 | 6.8 | 16.9 | 156.6% |
| Lao People's Democratic Republic | 6.6 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 2.9 | 6.3 | N/A | 104.9% |
| Total | 9.0 | 4.7 | 13.1 | 16.9 | 23.4% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Vietnam in 2022:
- United States (35.0 tons)
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam
For the third consecutive year, Vietnam recorded decline in overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), which decreased by -90.6% to 925 kg in 2022. Overall, imports continue to indicate a dramatic curtailment. The smallest decline of -35.8% was in 2021.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) contracted rapidly to $526 in 2022. In general, imports recorded a sharp downturn. The smallest decline of -24.7% was in 2021.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.2 | 0.4 | 0.3 | 0.5 | -25.3% |
| New Zealand | 0.5 | 0.2 | 0.3 | N/A | -22.5% |
| United States | 11.7 | 2.3 | 1.3 | N/A | -66.7% |
| India | 2.5 | 0.6 | 0.3 | N/A | -65.4% |
| Australia | 12.7 | 2.8 | 1.7 | N/A | -63.4% |
| Others | N/A | 0.5 | 1.1 | N/A | 120.0% |
| Total | 28.7 | 6.7 | 5.0 | 0.5 | -74.1% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Vietnam in 2022:
- Japan (925.0 kg)
354
This report provides an in-depth analysis of the market for flaked or rolled cereal in Vietnam.
374
This report provides an in-depth analysis of the cereal germ market in Vietnam.
216
This report provides an in-depth analysis of the market for corn flakes and cereal products in Vietnam.
331
This report provides an in-depth analysis of the global market for flaked or rolled cereal.
847
This report provides an in-depth analysis of the global cereal germ market.
291
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
354
This report provides an in-depth analysis of the market for flaked or rolled cereal in Vietnam.
374
This report provides an in-depth analysis of the cereal germ market in Vietnam.
216
This report provides an in-depth analysis of the market for corn flakes and cereal products in Vietnam.
331
This report provides an in-depth analysis of the global market for flaked or rolled cereal.
2523
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
1864
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
2523
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
1864
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
