Price for Cereals; Maize (Corn), Seed in Iran - 2021
Contents:
- Price for Cereals; Maize (Corn), Seed in Iran (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Iran (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Iran
- Exports of Cereals; Maize (Corn), Seed in Iran
Price for Cereals; Maize (Corn), Seed in Iran (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $4,831 per ton, shrinking by -15.7% against the previous year. In general, the import price, however, posted notable growth. The growth pace was the most rapid in 2020 an increase of 35%. The import price peaked at $5,729 per ton in 2021, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($31,225 per ton), while the price for Switzerland ($2,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Iran (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $4,688 per ton in 2022, reducing by -14.4% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $5,474 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($19,375 per ton), while the average price for exports to the United Arab Emirates ($517 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 Turkey (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Iran
After two years of decline, overseas purchases of cereals; maize (corn), seeds increased by 22% to 1.1K tons in 2022. Overall, imports, however, saw a sharp downturn.
In value terms, cereals; maize (corn), seed imports expanded to $5.1M in 2022. Over the period under review, imports, however, faced a dramatic descent.
Import of Cereals; Maize (Corn), Seed in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4,526 | 1,118 | 1,247 | 1,875 | -25.5% |
United Arab Emirates | 4,379 | 869 | 1,119 | 1,462 | -30.6% |
Switzerland | 1,311 | 717 | 558 | 468 | -29.1% |
Italy | 323 | 396 | 977 | 289 | -3.6% |
Serbia | 161 | 442 | 60.8 | 182 | 4.2% |
France | 333 | 250 | 180 | 124 | -28.1% |
Greece | 565 | 0.6 | 51.6 | 108 | -42.4% |
Hungary | 1,804 | 715 | 191 | 95.9 | -62.4% |
Austria | 277 | 121 | 50.3 | 42.2 | -46.6% |
Others | 1,072 | 658 | 556 | 493 | -22.8% |
Total | 14,752 | 5,286 | 4,991 | 5,138 | -29.6% |
Top Suppliers of Cereals; Maize (Corn), Seed to Iran in 2022:
- Turkey (464.8 tons)
- United Arab Emirates (270.8 tons)
- Switzerland (158.3 tons)
- Serbia (43.1 tons)
- Italy (35.9 tons)
- France (25.0 tons)
- Hungary (24.2 tons)
- Austria (7.7 tons)
- Greece (6.7 tons)
Exports of Cereals; Maize (Corn), Seed in Iran
Cereals; maize (corn), seed exports from Iran expanded significantly to 804 kg in 2022, growing by 9.2% compared with the previous year's figure. Over the period under review, exports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of 1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; maize (corn), seed exports reduced to $3.8K in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $4K, and then declined in the following year.
Export of Cereals; Maize (Corn), Seed in Iran (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 116 | 533 | 1,634 | 3,183 | 201.6% |
Turkey | 1,370 | 1,456 | 352 | 310 | -39.1% |
United Arab Emirates | 182 | 451 | 81.0 | 166 | -3.0% |
Azerbaijan | 694 | 620 | 126 | 79.0 | -51.5% |
Tajikistan | 67.0 | 125 | 65.0 | 31.0 | -22.7% |
Greece | N/A | N/A | 1,771 | N/A | 0% |
Oman | N/A | 321 | N/A | N/A | 0% |
Ghana | 623 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3,052 | 3,506 | 4,029 | 3,769 | 7.3% |
Top Export Markets for Cereals; Maize (Corn), Seed from Iran in 2022:
- Iraq (451.0 kg)
- United Arab Emirates (321.0 kg)
- Turkey (16.0 kg)
- Tajikistan (11.0 kg)
- Azerbaijan (5.0 kg)
This report provides an in-depth analysis of the maize market in Iran.
This report provides an in-depth analysis of the grain market in Iran.
This report provides an in-depth analysis of the global maize market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the maize market in Iran.
This report provides an in-depth analysis of the global maize market.
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
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.
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.
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
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>
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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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