Price for Cereals; Maize (Corn), Seed in New Zealand - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in New Zealand (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in New Zealand (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in New Zealand
- Exports of Cereals; Maize (Corn), Seed in New Zealand
Price for Cereals; Maize (Corn), Seed in New Zealand (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $209 per ton in 2022, reducing by -7.4% against the previous year. Over the period under review, the import price saw a significant decrease. The most prominent rate of growth was recorded in 2017 an increase of 41%. Over the period under review, average import prices hit record highs at $7,274 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +5.3% per year.
Price for Cereals; Maize (Corn), Seed in New Zealand (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $2,410 per ton in 2022, waning by -9.7% against the previous year. In general, the export price, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2013 an increase of 139% against the previous year. Over the period under review, the average export prices reached the maximum at $7,079 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,787 per ton), while the average price for exports to Germany ($887 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 Switzerland (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in New Zealand
In 2022, the amount of cereals; maize (corn), seeds imported into New Zealand reached 87K tons, growing by 4.9% against the year before. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 5.5% against the previous year.
In value terms, cereals; maize (corn), seed imports fell slightly to $18M in 2022. In general, imports, however, faced a abrupt shrinkage.
Import of Cereals; Maize (Corn), Seed in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 30.5 | 18.1 | 17.5 | 16.7 | -18.2% |
Others | 1.9 | 2.6 | 1.2 | 1.5 | -7.6% |
Total | 32.5 | 20.7 | 18.7 | 18.1 | -17.7% |
Top Suppliers of Cereals; Maize (Corn), Seed to New Zealand in 2022:
- Romania (86.6K tons)
Exports of Cereals; Maize (Corn), Seed in New Zealand
In 2022, cereals; maize (corn), seed exports from New Zealand shrank sharply to 911 tons, declining by -58.1% compared with 2021 figures. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 125%.
In value terms, cereals; maize (corn), seed exports dropped notably to $2.2M in 2022. Overall, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 102% against the previous year.
Export of Cereals; Maize (Corn), Seed in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 5.6 | 1.9 | 4.3 | 1.7 | -32.8% |
Japan | 1.1 | 0.5 | 0.4 | 0.3 | -35.2% |
France | 0.3 | 0.1 | 0.4 | 0.1 | -30.7% |
Switzerland | 4.7 | N/A | N/A | N/A | 0% |
Germany | 0.1 | N/A | 0.1 | N/A | 0.0% |
Austria | 2.1 | 0.1 | N/A | N/A | -95.2% |
United States | 0.6 | N/A | N/A | N/A | 0% |
South Africa | 0.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.2 | 0.7 | N/A | 164.6% |
Total | 14.7 | 2.9 | 5.8 | 2.2 | -46.9% |
Top Export Markets for Cereals; Maize (Corn), Seed from New Zealand in 2022:
- Australia (712.8 tons)
- Japan (143.3 tons)
- France (27.0 tons)
- Germany (24.3 tons)
This report provides an in-depth analysis of the maize market in New Zealand.
This report provides an in-depth analysis of the grain market in New Zealand.
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 New Zealand.
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.
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.
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.