Price for Cereals; Maize (Corn), Seed in Poland - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Poland (CIF) - 2023
- Price for Cereals; Maize (Corn), Seed in Poland (FOB) - 2023
- Imports of Cereals; Maize (Corn), Seed in Poland
- Exports of Cereals; Maize (Corn), Seed in Poland
Price for Cereals; Maize (Corn), Seed in Poland (CIF) - 2023
In June 2023, the average cereals; maize (corn), seed import price amounted to $3,468 per ton, increasing by 27% against the previous month. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in October 2022 an increase of 577% month-to-month. Over the period under review, average import prices attained the maximum at $4,064 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,338 per ton), while the price for Austria ($427 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Poland (FOB) - 2023
In July 2023, the average cereals; maize (corn), seed export price amounted to $458 per ton, falling by -38.9% against the previous month. In general, the export price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in June 2023 when the average export price increased by 59% against the previous month. As a result, the export price attained the peak level of $749 per ton, and then shrank markedly in the following month.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was France ($3,829 per ton), while the average price for exports to the Czech Republic ($256 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Poland
In 2022, overseas purchases of cereals; maize (corn), seeds decreased by -10% to 43K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 34%.
In value terms, cereals; maize (corn), seed imports dropped to $133M in 2022. The total import value increased at an average annual rate of +12.5% 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 2020 when imports increased by 29%.
| Import of Cereals; Maize (Corn), Seed in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 37.3 | 61.5 | 58.6 | 67.6 | 21.9% |
| Hungary | 29.9 | 22.4 | 22.6 | 13.3 | -23.7% |
| Romania | 3.0 | 6.6 | 16.8 | 12.9 | 62.6% |
| Germany | 1.7 | 6.4 | 10.3 | 10.0 | 80.5% |
| Austria | 6.5 | 10.6 | 12.1 | 9.4 | 13.1% |
| Ukraine | 0.3 | N/A | 0.7 | 7.6 | 193.7% |
| Slovakia | 11.6 | 10.2 | 11.1 | 6.9 | -15.9% |
| Czech Republic | 0.5 | 1.0 | 1.5 | 1.6 | 47.4% |
| Others | 2.3 | 1.5 | 2.6 | 3.2 | 11.6% |
| Total | 93.1 | 120 | 136 | 133 | 12.6% |
Top Suppliers of Cereals; Maize (Corn), Seed to Poland in 2022:
- France (17.8K tons)
- Hungary (4.5K tons)
- Austria (4.0K tons)
- Ukraine (3.7K tons)
- Romania (3.5K tons)
- Germany (3.3K tons)
- Czech Republic (2.6K tons)
- Slovakia (2.3K tons)
Exports of Cereals; Maize (Corn), Seed in Poland
In 2022, the amount of cereals; maize (corn), seeds exported from Poland soared to 289K tons, rising by 38% against the previous year. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cereals; maize (corn), seed exports soared to $124M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Cereals; Maize (Corn), Seed in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.9 | 22.8 | 44.9 | 74.9 | 90.1% |
| Netherlands | 0.6 | 1.1 | 10.0 | 17.2 | 206.1% |
| Czech Republic | 0.5 | 0.1 | 1.3 | 7.9 | 150.9% |
| Others | 11.8 | 13.5 | 17.0 | 23.6 | 26.0% |
| Total | 23.9 | 37.4 | 73.2 | 124 | 73.1% |
Top Export Markets for Cereals; Maize (Corn), Seed from Poland in 2022:
- Germany (203.9K tons)
- Netherlands (44.9K tons)
- Czech Republic (22.1K tons)
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