Price for Cereals; Maize (Corn), Seed in Finland - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Finland (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Finland (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Finland
- Exports of Cereals; Maize (Corn), Seed in Finland
Price for Cereals; Maize (Corn), Seed in Finland (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $1,554 per ton, declining by -72.1% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 105% against the previous year. The import price peaked at $7,395 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to -10.5% per year.
Price for Cereals; Maize (Corn), Seed in Finland (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $6,579 per ton, growing by 11% against the previous year. Over the period under review, the export price showed a tangible increase. The most prominent rate of growth was recorded in 2018 an increase of 16%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($15,272 per ton), while the average price for exports to Norway ($3,403 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 Estonia (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Seed in Finland
In 2022, the amount of cereals; maize (corn), seeds imported into Finland soared to 763 tons, growing by 4,897% compared with the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed imports skyrocketed to $1.2M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 31.9 | N/A | N/A | 1,062 | 221.7% |
| Others | 11.0 | 151 | 85.1 | 124 | 124.2% |
| Total | 42.9 | 151 | 85.1 | 1,186 | 202.4% |
Top Suppliers of Cereals; Maize (Corn), Seed to Finland in 2022:
- Poland (753.6 tons)
Exports of Cereals; Maize (Corn), Seed in Finland
After two years of decline, shipments abroad of cereals; maize (corn), seeds decreased by -54.8% to 38 kg in 2022. Over the period under review, exports showed a sharp setback.
In value terms, cereals; maize (corn), seed exports contracted markedly to $250 in 2022. In general, exports showed a precipitous decrease.
| Export of Cereals; Maize (Corn), Seed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 20.4 | N/A | N/A | 0.1 | -83.0% |
| Denmark | 2.7 | N/A | N/A | 0.1 | -66.7% |
| Norway | N/A | N/A | N/A | N/A | 0% |
| Portugal | 22.6 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | 0.5 | N/A | 11.8% |
| Total | 46.0 | N/A | 0.5 | 0.3 | -81.3% |
Top Export Markets for Cereals; Maize (Corn), Seed from Finland in 2022:
- Netherlands (19.0 kg)
- Denmark (10.0 kg)
- Norway (8.0 kg)
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