Price for Cereals; Maize (Corn), Other than Seed in Slovakia - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Slovakia (FOB) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Slovakia (CIF) - 2023
- Exports of Cereals; Maize (Corn), Other than Seed in Slovakia
- Imports of Cereals; Maize (Corn), Other than Seed in Slovakia
Price for Cereals; Maize (Corn), Other than Seed in Slovakia (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $316 per ton, picking up by 37% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $333 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($354 per ton) and Italy ($338 per ton), while the average price for exports to Hungary ($266 per ton) and Romania ($277 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 Austria (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in Slovakia (CIF) - 2023
The average import price for cereals; maize (corn), other than seeds stood at $282 per ton in July 2023, approximately reflecting the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in November 2022 when the average import price increased by 23% m-o-m. Over the period under review, average import prices hit record highs at $306 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($343 per ton), while the price for Poland ($244 per ton) was amongst the lowest.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+2.2%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Maize (Corn), Other than Seed in Slovakia
In 2022, approx. 1.1M tons of cereals; maize (corn), other than seeds were exported from Slovakia; increasing by 101% compared with the previous year. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; maize (corn), other than seeds surged to $332M in 2022. In general, exports saw a significant expansion. 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 Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 0.2 | 1.1 | 88.3 | 2001.2% |
| Austria | 23.7 | 21.9 | 30.6 | 78.8 | 49.3% |
| Hungary | 0.5 | 4.9 | 13.1 | 67.2 | 412.2% |
| Germany | 21.5 | 23.6 | 38.3 | 32.2 | 14.4% |
| Netherlands | 0.5 | 4.3 | 4.5 | 30.4 | 293.2% |
| Czech Republic | 17.5 | 19.7 | 14.9 | 20.0 | 4.6% |
| Poland | 8.1 | 26.9 | 13.7 | 7.2 | -3.9% |
| Others | 0.3 | 4.0 | 4.5 | 8.4 | 203.7% |
| Total | 72.1 | 105 | 121 | 332 | 66.4% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Slovakia in 2022:
- Italy (261.3K tons)
- Hungary (252.5K tons)
- Austria (233.6K tons)
- Germany (105.8K tons)
- Netherlands (90.1K tons)
- Czech Republic (62.9K tons)
- Poland (20.4K tons)
Imports of Cereals; Maize (Corn), Other than Seed in Slovakia
Imports of cereals; maize (corn), other than seeds into Slovakia skyrocketed to 600K tons in 2022, rising by 320% compared with 2021. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; maize (corn), other than seeds surged to $165M in 2022. Overall, imports posted a significant increase. 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 Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 0.5 | N/A | 105 | 1349.1% |
| Poland | N/A | 0.5 | 6.2 | 34.9 | 735.5% |
| Czech Republic | 0.2 | 0.2 | 6.6 | 8.3 | 246.2% |
| Sweden | N/A | N/A | N/A | 8.1 | 0% |
| Hungary | 12.0 | 13.6 | 23.4 | 7.2 | -15.7% |
| Others | 3.3 | 0.6 | 1.3 | 1.9 | -16.8% |
| Total | 15.5 | 15.4 | 37.5 | 165 | 120.0% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Slovakia in 2022:
- Ukraine (404.5K tons)
- Poland (111.7K tons)
- Czech Republic (30.2K tons)
- Hungary (25.4K tons)
- Sweden (22.8K tons)
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