Price for Cereals; Maize (Corn), Seed in Norway - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Norway (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Norway (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Norway
- Exports of Cereals; Maize (Corn), Seed in Norway
Price for Cereals; Maize (Corn), Seed in Norway (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $7,665 per ton, reducing by -11.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 303% against the previous year. Over the period under review, average import prices attained the peak figure at $11,769 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,663 per ton), while the price for Denmark ($6,802 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Norway (FOB) - 2022
In 2021, the average cereals; maize (corn), seed export price amounted to $4,216 per ton, increasing by 2.9% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2014 to 2021, the rate of growth in terms of prices for Slovenia amounted to +80.9% per year.
Imports of Cereals; Maize (Corn), Seed in Norway
In 2022, supplies from abroad of cereals; maize (corn), seeds decreased by -29.4% to 8.9 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of 15 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; maize (corn), seed imports dropped dramatically to $68K in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports attained the peak of $174K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Maize (Corn), Seed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 59.8 | 60.7 | 46.5 | 32.9 | -18.1% |
| France | 8.6 | 14.2 | 1.5 | 17.2 | 26.0% |
| Germany | 7.3 | 73.0 | 16.0 | 11.3 | 15.7% |
| Sweden | 7.6 | 6.9 | 5.3 | 3.7 | -21.3% |
| Others | 6.9 | 18.7 | 39.4 | 2.9 | -25.1% |
| Total | 90.1 | 174 | 109 | 68.1 | -8.9% |
Top Suppliers of Cereals; Maize (Corn), Seed to Norway in 2022:
- Denmark (4.8 tons)
- France (2.0 tons)
- Germany (1.4 tons)
- Sweden (0.3 tons)
Exports of Cereals; Maize (Corn), Seed in Norway
In 2021, cereals; maize (corn), seed exports from Norway shrank rapidly to 167 kg, which is down by -15.7% compared with 2020. Over the period under review, exports saw a deep reduction.
In value terms, cereals; maize (corn), seed exports shrank to $704 in 2021. In general, exports recorded a deep setback.
| Export of Cereals; Maize (Corn), Seed in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Netherlands | N/A | 345 | 0% | ||
| Nigeria | 811 | N/A | 0% | ||
| Others | N/A | 359 | 0% | ||
| Total | 811 | 704 | -13.2% | ||
Top Export Markets for Cereals; Maize (Corn), Seed from Norway in 2022:
- Netherlands (84.0 kg)
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