Price for Cereals; Maize (Corn), Other than Seed in France - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in France (FOB) - 2023
- Price for Cereals; Maize (Corn), Other than Seed in France (CIF) - 2023
- Exports of Cereals; Maize (Corn), Other than Seed in France
- Imports of Cereals; Maize (Corn), Other than Seed in France
Price for Cereals; Maize (Corn), Other than Seed in France (FOB) - 2023
The average export price for cereals; maize (corn), other than seeds stood at $332 per ton in August 2023, reducing by -3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 8% against the previous month. Over the period under review, the average export prices attained the maximum at $355 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was the UK ($353 per ton), while the average price for exports to Switzerland stood at $303 per ton.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in France (CIF) - 2023
The average import price for cereals; maize (corn), other than seeds stood at $385 per ton in August 2023, falling by -8% against the previous month. Overall, import price indicated a tangible expansion from October 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for cereals; maize (corn), other than seeds decreased by -31.4% against June 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 20% m-o-m. The import price peaked at $562 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($1,337 per ton), while the price for Moldova ($270 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Maize (Corn), Other than Seed in France
In 2022, approx. 4.9M tons of cereals; maize (corn), other than seeds were exported from France; growing by 19% against 2021 figures. The total export volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 24%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of cereals; maize (corn), other than seeds skyrocketed to $1.5B in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Maize (Corn), Other than Seed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 197 | 277 | 336 | 431 | 29.8% |
| Netherlands | 171 | 212 | 245 | 314 | 22.5% |
| Belgium | 127 | 145 | 174 | 288 | 31.4% |
| Germany | 84.3 | 93.2 | 98.6 | 138 | 17.9% |
| Italy | 29.3 | 29.8 | 48.5 | 114 | 57.3% |
| United Kingdom | 54.8 | 83.1 | 85.7 | 80.4 | 13.6% |
| Ireland | 29.9 | 31.2 | 56.3 | 62.9 | 28.1% |
| Others | 37.8 | 37.5 | 61.3 | 95.6 | 36.2% |
| Total | 731 | 908 | 1,105 | 1,523 | 27.7% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from France in 2022:
- Spain (1402.4K tons)
- Netherlands (1062.7K tons)
- Belgium (910.0K tons)
- Germany (427.1K tons)
- Italy (393.4K tons)
- United Kingdom (227.5K tons)
- Ireland (186.8K tons)
Imports of Cereals; Maize (Corn), Other than Seed in France
After two years of decline, supplies from abroad of cereals; maize (corn), other than seeds increased by 23% to 600K tons in 2022. Over the period under review, imports, however, showed a perceptible decrease.
In value terms, imports of cereals; maize (corn), other than seeds skyrocketed to $202M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.3 | 3.9 | 3.4 | 95.7 | 207.2% |
| Germany | 36.1 | 33.2 | 57.7 | 53.6 | 14.1% |
| Spain | 1.1 | 0.9 | 8.1 | 19.0 | 158.5% |
| Romania | 18.0 | 26.7 | 32.9 | 16.5 | -2.9% |
| Belgium | 6.1 | 5.6 | 10.3 | 7.4 | 6.7% |
| Netherlands | 2.5 | 1.4 | 2.4 | 2.2 | -4.2% |
| Ukraine | 18.8 | N/A | N/A | 1.9 | -53.4% |
| Hungary | 6.7 | 4.7 | 16.6 | 1.8 | -35.5% |
| Bulgaria | 40.3 | 48.1 | N/A | N/A | 19.4% |
| Others | 8.8 | 6.1 | 5.8 | 4.0 | -23.1% |
| Total | 142 | 131 | 137 | 202 | 12.5% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to France in 2022:
- Germany (317.9K tons)
- Spain (91.9K tons)
- Romania (73.4K tons)
- Poland (42.6K tons)
- Belgium (34.0K tons)
- Ukraine (9.7K tons)
- Netherlands (9.7K tons)
- Hungary (9.1K tons)
992
This report provides an in-depth analysis of the maize market in France.
762
This report provides an in-depth analysis of the grain market in France.
7706
This report provides an in-depth analysis of the global maize market.
3968
This report provides an in-depth analysis of the global grain market.
992
This report provides an in-depth analysis of the maize market in France.
7706
This report provides an in-depth analysis of the global maize market.
1671
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
1609
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
545
In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions.
1300
Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.
1533
Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long
1031
The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>
5430
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1382
In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
1223
Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
271
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
