Price for Cereals; Maize (Corn), Other than Seed in Angola - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Angola (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Angola (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Angola
- Exports of Cereals; Maize (Corn), Other than Seed in Angola
Price for Cereals; Maize (Corn), Other than Seed in Angola (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $696 per ton, falling by -6% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 53%. Over the period under review, average import prices attained the maximum at $740 per ton in 2021, and then dropped in the following year.
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 Argentina ($796 per ton), while the price for South Africa ($439 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Other than Seed in Angola (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $882 per ton in 2022, picking up by 95% against the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 1,069% against the previous year. As a result, the export price reached the peak level of $1,876 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,002 per ton), while the average price for exports to Congo totaled $802 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+14.6%).
Imports of Cereals; Maize (Corn), Other than Seed in Angola
In 2022, imports of cereals; maize (corn), other than seeds into Angola skyrocketed to 88K tons, with an increase of 58% on 2021. Overall, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 179%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cereals; maize (corn), other than seeds soared to $62M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 275%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 17.9 | 10.6 | 30.3 | 47.9 | 38.8% |
| South Africa | 0.4 | N/A | 2.1 | 9.3 | 185.4% |
| Namibia | N/A | N/A | 0.9 | 2.9 | 222.2% |
| Ukraine | N/A | N/A | 7.3 | N/A | 0% |
| Others | 1.4 | 0.4 | 1.0 | 1.5 | 2.3% |
| Total | 19.7 | 11.1 | 41.5 | 61.5 | 46.2% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Angola in 2022:
- Argentina (60.1K tons)
- South Africa (21.2K tons)
- Namibia (5.2K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Angola
In 2022, exports of cereals; maize (corn), other than seeds from Angola was estimated at 25 tons, picking up by 9.7% against 2021 figures. Over the period under review, exports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 2,776%.
In value terms, exports of cereals; maize (corn), other than seeds skyrocketed to $22K in 2022. In general, exports, however, continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,936% against the previous year.
| Export of Cereals; Maize (Corn), Other than Seed in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 34.8 | 0.3 | 9.5 | 12.1 | -29.7% |
| Democratic Republic of the Congo | 4.1 | N/A | 0.9 | 10.1 | 35.1% |
| Others | 5.9 | 0.2 | N/A | N/A | -96.6% |
| Total | 44.9 | 0.5 | 10.4 | 22.2 | -20.9% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Angola in 2022:
- Congo (15.0 tons)
- Democratic Republic of the Congo (10.1 tons)
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