Price for Cereals; Maize (Corn), Seed in Peru - 2021
Contents:
- Price for Cereals; Maize (Corn), Seed in Peru (CIF) - 2021
- Price for Cereals; Maize (Corn), Seed in Peru (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Peru
- Exports of Cereals; Maize (Corn), Seed in Peru
Price for Cereals; Maize (Corn), Seed in Peru (CIF) - 2021
In April 2020, the average cereals; maize (corn), seed import price amounted to $6,672 per ton, picking up by 14% against the previous month. Over the period from January 2020 to April 2020, it increased at an average monthly rate of +6.4%. The pace of growth appeared the most rapid in March 2020 an increase of 20% m-o-m. The import price peaked in April 2020.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($7,795 per ton), while the price for Bolivia ($4,934 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Mexico (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Peru (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $3,043 per ton in 2022, rising by 12% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. The export price peaked at $4,105 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,742 per ton), while the average price for exports to Argentina ($189 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 the Netherlands (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Seed in Peru
Cereals; maize (corn), seed imports into Peru fell sharply to 3.1K tons in 2022, waning by -34.1% on the year before. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 214%.
In value terms, cereals; maize (corn), seed imports fell sharply to $7.7M in 2022. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 175%.
| Import of Cereals; Maize (Corn), Seed in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 10.9 | 2.6 | 5.7 | 4.3 | -26.7% |
| Thailand | 3.2 | 0.7 | 2.6 | 2.0 | -14.5% |
| Bolivia | 1.4 | 0.5 | 1.3 | 1.0 | -10.6% |
| Colombia | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Brazil | 0.8 | 0.1 | 0.3 | 0.1 | -50.0% |
| Others | 0.3 | 0.1 | 1.1 | 0.1 | -30.7% |
| Total | 16.8 | 4.1 | 11.3 | 7.7 | -22.9% |
Top Suppliers of Cereals; Maize (Corn), Seed to Peru in 2022:
- Mexico (1617.5 tons)
- Thailand (790.8 tons)
- Bolivia (422.9 tons)
- Colombia (114.7 tons)
- Brazil (87.9 tons)
Exports of Cereals; Maize (Corn), Seed in Peru
Cereals; maize (corn), seed exports from Peru rose remarkably to 1.7K tons in 2022, with an increase of 14% against 2021. Overall, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70%. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; maize (corn), seed exports surged to $5.3M in 2022. In general, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.9% against 2020 indices.
| Export of Cereals; Maize (Corn), Seed in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 256 | 415 | 907 | 2,113 | 102.1% |
| Germany | 2,598 | 1,970 | 1,903 | 1,448 | -17.7% |
| Chile | 949 | 3,110 | 47.8 | 982 | 1.1% |
| United States | 578 | 442 | 798 | 519 | -3.5% |
| France | 488 | 319 | 281 | 107 | -39.7% |
| Bolivia | 149 | 125 | 141 | 89.7 | -15.6% |
| Hungary | 123 | 73.8 | 48.9 | 36.6 | -33.2% |
| Argentina | 4.3 | 7.9 | 21.5 | 14.0 | 48.2% |
| Others | 3.5 | 1.8 | 8.5 | 2.6 | -9.4% |
| Total | 5,148 | 6,465 | 4,157 | 5,311 | 1.0% |
Top Export Markets for Cereals; Maize (Corn), Seed from Peru in 2022:
- Netherlands (596.6 tons)
- Germany (380.0 tons)
- Bolivia (281.4 tons)
- Chile (249.6 tons)
- Argentina (74.0 tons)
- United States (59.3 tons)
- France (56.2 tons)
- Hungary (33.7 tons)
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