Price for Cereals; Maize (Corn), Seed in Paraguay - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Paraguay (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Paraguay (FOB) - 2023
- Imports of Cereals; Maize (Corn), Seed in Paraguay
- Exports of Cereals; Maize (Corn), Seed in Paraguay
Price for Cereals; Maize (Corn), Seed in Paraguay (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $5,304 per ton, picking up by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. Over the period under review, average import prices attained the peak figure at $5,718 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($5,384 per ton), while the price for Argentina amounted to $3,720 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.4%).
Price for Cereals; Maize (Corn), Seed in Paraguay (FOB) - 2023
In September 2023, the average cereals; maize (corn), seed export price amounted to $5.9 per ton, remaining relatively unchanged against the previous month. In general, the export price showed a significant expansion. The export price peaked in September 2023.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From June 2023 to September 2023, the rate of growth in terms of prices for Brazil amounted to 0.0% per month.
Imports of Cereals; Maize (Corn), Seed in Paraguay
For the fourth consecutive year, Paraguay recorded growth in overseas purchases of cereals; maize (corn), seeds, which increased by 8.8% to 17K tons in 2022. The total import volume increased at an average annual rate of +13.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cereals; maize (corn), seed imports surged to $92M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 38.5 | 47.9 | 64.7 | 89.2 | 32.3% |
| Argentina | 5.2 | 2.5 | 1.8 | 3.1 | -15.8% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 44.2 | 50.4 | 66.5 | 92.3 | 27.8% |
Top Suppliers of Cereals; Maize (Corn), Seed to Paraguay in 2022:
- Brazil (16.6K tons)
- Argentina (0.8K tons)
Exports of Cereals; Maize (Corn), Seed in Paraguay
In 2022, the amount of cereals; maize (corn), seeds exported from Paraguay surged to 17 tons, growing by 5,970% against 2021 figures. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed exports skyrocketed to $93K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Maize (Corn), Seed in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | N/A | N/A | N/A | 92.3 | 0% |
| Others | 0.6 | 0.3 | 0.7 | 0.4 | -12.6% |
| Total | 0.6 | 0.3 | 0.7 | 92.7 | 436.6% |
Top Export Markets for Cereals; Maize (Corn), Seed from Paraguay in 2022:
- Angola (17.2 tons)
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This report provides an in-depth analysis of the maize market in Paraguay.
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This report provides an in-depth analysis of the grain market in Paraguay.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in Paraguay.
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