Price for Cereals; Maize (Corn), Seed in Bahrain - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Bahrain (CIF) - 2022
- Imports of Cereals; Maize (Corn), Seed in Bahrain
Price for Cereals; Maize (Corn), Seed in Bahrain (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $680 per ton in 2022, with an increase of 10% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 85% against the previous year. The import price peaked at $1,104 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the United Arab Emirates ($1,942 per ton), while the price for India ($409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Seed in Bahrain
In 2022, the amount of cereals; maize (corn), seeds imported into Bahrain surged to 28 tons, growing by 347% against 2021 figures. Overall, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 69,822%.
In value terms, cereals; maize (corn), seed imports soared to $19K in 2022. Over the period under review, imports recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 43,011%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cereals; Maize (Corn), Seed in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.2 | N/A | 0.7 | 7.9 | 35.2% |
| Argentina | 2.3 | N/A | 0.1 | 6.1 | 38.4% |
| United Arab Emirates | 1.6 | N/A | 0.5 | 4.7 | 43.2% |
| South Africa | 9.1 | N/A | 2.1 | N/A | -52.0% |
| Others | 0.6 | N/A | 0.4 | 0.4 | -12.6% |
| Total | 16.7 | N/A | 3.9 | 19.1 | 4.6% |
Top Suppliers of Cereals; Maize (Corn), Seed to Bahrain in 2022:
- India (19.3 tons)
- Argentina (6.2 tons)
- United Arab Emirates (2.4 tons)
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This report provides an in-depth analysis of the maize market in Bahrain.
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This report provides an in-depth analysis of the grain market in Bahrain.
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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 Bahrain.
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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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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.
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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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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.
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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.
