Price for Cereals; Maize (Corn), Seed in Iran - 2021

Contents:

  1. Price for Cereals; Maize (Corn), Seed in Iran (CIF) - 2022
  2. Price for Cereals; Maize (Corn), Seed in Iran (FOB) - 2022
  3. Imports of Cereals; Maize (Corn), Seed in Iran
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4,5261,1181,2471,875-25.5%
United Arab Emirates4,3798691,1191,462-30.6%
Switzerland1,311717558468-29.1%
Italy323396977289-3.6%
Serbia16144260.81824.2%
France333250180124-28.1%
Greece5650.651.6108-42.4%
Hungary1,80471519195.9-62.4%
Austria27712150.342.2-46.6%
Others1,072658556493-22.8%
Total14,7525,2864,9915,138-29.6%

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

  1. Turkey (464.8 tons)
  2. United Arab Emirates (270.8 tons)
  3. Switzerland (158.3 tons)
  4. Serbia (43.1 tons)
  5. Italy (35.9 tons)
  6. France (25.0 tons)
  7. Hungary (24.2 tons)
  8. Austria (7.7 tons)
  9. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq1165331,6343,183201.6%
Turkey1,3701,456352310-39.1%
United Arab Emirates18245181.0166-3.0%
Azerbaijan69462012679.0-51.5%
Tajikistan67.012565.031.0-22.7%
GreeceN/AN/A1,771N/A0%
OmanN/A321N/AN/A0%
Ghana623N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3,0523,5064,0293,7697.3%

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

  1. Iraq (451.0 kg)
  2. United Arab Emirates (321.0 kg)
  3. Turkey (16.0 kg)
  4. Tajikistan (11.0 kg)
  5. Azerbaijan (5.0 kg)

Source: IndexBox Market Intelligence Platform

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