Price for Cereal Groats and Meal; of Maize (Corn) in Luxembourg - 2023
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Luxembourg (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in Luxembourg (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Luxembourg
- Exports of Cereal Groats and Meal; of Maize (Corn) in Luxembourg
Price for Cereal Groats and Meal; of Maize (Corn) in Luxembourg (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of maize (corn)s amounted to $1,211 per ton, with an increase of 2% against the previous year. In general, the import price, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices attained the peak figure at $1,827 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,707 per ton), while the price for Italy ($769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Maize (Corn) in Luxembourg (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $3,442 per ton in 2022, surging by 30% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The export price peaked at $3,473 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($3,867 per ton) and France ($3,754 per ton), while the average price for exports to Belgium ($2,845 per ton) and Azerbaijan ($3,415 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Maize (Corn) in Luxembourg
In 2022, supplies from abroad of cereal groats and meal; of maize (corn)s decreased by -19.9% to 40 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports reached the peak of 57 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereal groats and meal; of maize (corn)s contracted sharply to $49K in 2022. Overall, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of $62K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cereal Groats and Meal; of Maize (Corn) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 30.6 | 26.3 | 25.7 | 21.3 | -11.4% |
| Belgium | 5.3 | 25.4 | 21.6 | 16.9 | 47.2% |
| Germany | 1.0 | 0.6 | 0.3 | 3.5 | 51.8% |
| Austria | 3.0 | 3.2 | 3.3 | 2.5 | -5.9% |
| France | 11.2 | 4.0 | 6.4 | 2.4 | -40.2% |
| Netherlands | N/A | 1.3 | 1.7 | 1.8 | 17.7% |
| Others | 3.1 | 1.3 | 0.6 | 0.3 | -54.1% |
| Total | 54.2 | 62.0 | 59.6 | 48.7 | -3.5% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Luxembourg in 2022:
- Italy (27.7 tons)
- Belgium (6.2 tons)
- Germany (2.2 tons)
- France (1.7 tons)
- Austria (1.4 tons)
- Netherlands (0.9 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Luxembourg
In 2022, shipments abroad of cereal groats and meal; of maize (corn)s decreased by -42.1% to 602 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. As a result, the exports attained the peak of 1.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cereal groats and meal; of maize (corn)s fell sharply to $2.1K in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1.5% against the previous year.
| Export of Cereal Groats and Meal; of Maize (Corn) in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,303 | 1,403 | 2,134 | 1,130 | -21.1% |
| Belgium | 596 | 643 | 418 | 549 | -2.7% |
| Germany | 160 | 67.0 | 59.0 | 174 | 2.8% |
| Azerbaijan | N/A | N/A | 55.0 | 140 | 154.5% |
| United Kingdom | N/A | N/A | 69.0 | 79.0 | 14.5% |
| Italy | N/A | 498 | N/A | N/A | 0% |
| Others | N/A | 101 | 17.0 | N/A | -83.2% |
| Total | 3,059 | 2,712 | 2,752 | 2,072 | -12.2% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Luxembourg in 2022:
- France (301.0 kg)
- Belgium (193.0 kg)
- Germany (45.0 kg)
- Azerbaijan (41.0 kg)
- United Kingdom (22.0 kg)
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