Price for Cereals; Maize (Corn), Seed in Denmark - 2023

Contents:

  1. Price for Cereals; Maize (Corn), Seed in Denmark (CIF) - 2022
  2. Price for Cereals; Maize (Corn), Seed in Denmark (FOB) - 2022
  3. Imports of Cereals; Maize (Corn), Seed in Denmark
  4. Exports of Cereals; Maize (Corn), Seed in Denmark

Price for Cereals; Maize (Corn), Seed in Denmark (CIF) - 2022

In 2022, the average cereals; maize (corn), seed import price amounted to $5,727 per ton, which is down by -13.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 16%. The import price peaked at $6,803 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($6,287 per ton), while the price for Germany ($4,305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereals; Maize (Corn), Seed in Denmark (FOB) - 2022

The average cereals; maize (corn), seed export price stood at $5,383 per ton in 2022, which is down by -25.6% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs at $8,057 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($8,561 per ton), while the average price for exports to France ($2,348 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 Norway (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereals; Maize (Corn), Seed in Denmark

After two years of decline, supplies from abroad of cereals; maize (corn), seeds increased by 6.8% to 4.7K tons in 2022. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, cereals; maize (corn), seed imports reduced to $27M in 2022. Overall, imports, however, recorded a abrupt shrinkage. The smallest decline of -5.6% was in 2020.

Import of Cereals; Maize (Corn), Seed in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France20.724.019.020.70.0%
Germany10.66.48.25.7-18.7%
Others1.70.81.90.4-38.3%
Total33.131.229.026.8-6.8%

Top Suppliers of Cereals; Maize (Corn), Seed to Denmark in 2022:

  1. France (3.3K tons)
  2. Germany (1.3K tons)

Exports of Cereals; Maize (Corn), Seed in Denmark

Cereals; maize (corn), seed exports from Denmark skyrocketed to 1.5K tons in 2022, picking up by 209% compared with the previous year's figure. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; maize (corn), seed exports soared to $8.3M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Maize (Corn), Seed in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.61.30.93.580.0%
Sweden2.22.02.62.65.7%
FranceN/AN/AN/A1.50%
LatviaN/AN/AN/A0.50%
OthersN/AN/A0.10.2100.0%
Total2.93.33.68.342.0%

Top Export Markets for Cereals; Maize (Corn), Seed from Denmark in 2022:

  1. France (643.8 tons)
  2. Germany (428.4 tons)
  3. Sweden (351.6 tons)
  4. Latvia (61.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; maize (corn), seed - Denmark