Price for Cereals; Maize (Corn), Other than Seed in Peru - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Peru (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Peru (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Peru
- Exports of Cereals; Maize (Corn), Other than Seed in Peru
Price for Cereals; Maize (Corn), Other than Seed in Peru (CIF) - 2022
The average import price for cereals; maize (corn), other than seeds stood at $351 per ton in 2022, growing by 58% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 cereals; maize (corn), other than seeds increased by +86.3% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($353 per ton) and the United States ($343 per ton), while the price for Brazil ($314 per ton) and Paraguay ($328 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in Peru (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $1,793 per ton in 2022, with an increase of 16% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,281 per ton), while the average price for exports to Chile ($662 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Peru
In 2022, imports of cereals; maize (corn), other than seeds into Peru reduced slightly to 3.6M tons, with a decrease of -2.7% on 2021 figures. Over the period under review, imports saw a pronounced setback.
In value terms, imports of cereals; maize (corn), other than seeds surged to $1.3B in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 529 | 617 | 680 | 1,175 | 30.5% |
| Paraguay | N/A | 1.4 | N/A | 32.7 | 383.3% |
| United States | 236 | 134 | 122 | 29.9 | -49.8% |
| Others | 9.9 | 5.9 | 15.5 | 17.9 | 21.8% |
| Total | 775 | 758 | 818 | 1,256 | 17.5% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Peru in 2022:
- Argentina (3333.8K tons)
- Paraguay (99.5K tons)
- United States (87.1K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Peru
In 2022, exports of cereals; maize (corn), other than seeds from Peru contracted markedly to 9.6K tons, waning by -19.7% on the year before. Over the period under review, exports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 14%.
In value terms, exports of cereals; maize (corn), other than seeds fell to $17M in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 10%.
| Export of Cereals; Maize (Corn), Other than Seed in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 9.3 | 7.0 | 8.4 | 7.4 | -7.3% |
| United States | 6.0 | 4.8 | 5.1 | 5.3 | -4.1% |
| Japan | 3.1 | 2.1 | 2.7 | 2.4 | -8.2% |
| China | 0.8 | 0.8 | 0.3 | 0.5 | -14.5% |
| Chile | 0.5 | 0.4 | 0.6 | 0.4 | -7.2% |
| Belgium | 0.1 | 0.4 | 0.3 | 0.4 | 58.7% |
| Ecuador | 0.3 | 0.7 | 0.4 | 0.2 | -12.6% |
| Others | 0.5 | 0.8 | 0.8 | 0.6 | 6.3% |
| Total | 20.7 | 16.9 | 18.6 | 17.3 | -5.8% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Peru in 2022:
- Spain (4.4K tons)
- United States (2.3K tons)
- Japan (1.2K tons)
- Chile (0.7K tons)
- China (0.3K tons)
- Ecuador (0.2K tons)
- Belgium (0.2K tons)
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This report provides an in-depth analysis of the maize market in Peru.
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This report provides an in-depth analysis of the grain market in Peru.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in Peru.
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This report provides an in-depth analysis of the global maize market.
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The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
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The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
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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.
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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
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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>
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Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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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.
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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.
