Price for Cereal Groats and Meal; of Maize (Corn) in Paraguay - 2024

Contents:

  1. Price for Cereal Groats and Meal; of Maize (Corn) in Paraguay (CIF) - 2024
  2. Price for Cereal Groats and Meal; of Maize (Corn) in Paraguay (FOB) - 2022
  3. Imports of Cereal Groats and Meal; of Maize (Corn) in Paraguay
  4. Exports of Cereal Groats and Meal; of Maize (Corn) in Paraguay

Price for Cereal Groats and Meal; of Maize (Corn) in Paraguay (CIF) - 2024

The average import price for cereal groats and meal; of maize (corn)s stood at $441 per ton in January 2024, increasing by 11% against the previous month. In general, the import price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in April 2023 an increase of 169% m-o-m. The import price peaked at $1,372 per ton in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From January 2023 to January 2024, the rate of growth in terms of prices for Brazil amounted to -5.5% per month.

Price for Cereal Groats and Meal; of Maize (Corn) in Paraguay (FOB) - 2022

The average export price for cereal groats and meal; of maize (corn)s stood at $307 per ton in 2022, rising by 3.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 12%. Over the period under review, the average export prices reached the peak figure at $321 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +0.4% per year.

Imports of Cereal Groats and Meal; of Maize (Corn) in Paraguay

In 2022, the amount of cereal groats and meal; of maize (corn)s imported into Paraguay skyrocketed to 2.8K tons, with an increase of 209% compared with the previous year. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 104,695%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cereal groats and meal; of maize (corn)s skyrocketed to $1.3M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78,671%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Cereal Groats and Meal; of Maize (Corn) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.90.53631,3081032.7%
OthersN/AN/AN/AN/A0%
Total0.90.53631,3081032.7%

Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Paraguay in 2022:

  1. Brazil (2.8K tons)

Exports of Cereal Groats and Meal; of Maize (Corn) in Paraguay

In 2022, approx. 247 tons of cereal groats and meal; of maize (corn)s were exported from Paraguay; with a decrease of -11.4% against 2021 figures. In general, exports continue to indicate a deep setback. The smallest decline of -11.4% was in 2020.

In value terms, exports of cereal groats and meal; of maize (corn)s shrank to $76K in 2022. Over the period under review, exports saw a deep contraction. The smallest decline of -8.5% was in 2021.

Export of Cereal Groats and Meal; of Maize (Corn) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada98.890.582.875.8-8.5%
OthersN/AN/AN/AN/A0%
Total98.890.582.875.8-8.5%

Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Paraguay in 2022:

  1. Canada (246.5 tons)

Source: IndexBox Market Intelligence Platform

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