Price for Cereals; Maize (Corn), Seed in Singapore - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Singapore (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Singapore (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Singapore
- Exports of Cereals; Maize (Corn), Seed in Singapore
Price for Cereals; Maize (Corn), Seed in Singapore (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $974 per ton in 2022, surging by 3.9% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2014 an increase of 116% against the previous year. As a result, import price reached the peak level of $9,530 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,221 per ton), while the price for Myanmar stood at $946 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.5%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Maize (Corn), Seed in Singapore (FOB) - 2022
The average cereals; maize (corn), seed export price stood at $2,683 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. The export price peaked at $5,276 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Seychelles.
From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +23.5% per year.
Imports of Cereals; Maize (Corn), Seed in Singapore
In 2022, purchases abroad of cereals; maize (corn), seeds decreased by -49.2% to 3.1 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 9,525% against the previous year. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; maize (corn), seed imports shrank notably to $3K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 14,657%. As a result, imports attained the peak of $74K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Maize (Corn), Seed in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.5 | 39.4 | 4.8 | 3.0 | 81.7% |
| Others | N/A | 34.8 | 1.0 | 0.1 | -94.6% |
| Total | 0.5 | 74.2 | 5.8 | 3.0 | 81.7% |
Top Suppliers of Cereals; Maize (Corn), Seed to Singapore in 2022:
- Myanmar (3.1 tons)
Exports of Cereals; Maize (Corn), Seed in Singapore
In 2022, the amount of cereals; maize (corn), seeds exported from Singapore skyrocketed to 23 tons, picking up by 23% on 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 150%. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; maize (corn), seed exports soared to $61K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. As a result, the exports attained the peak of $73K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Maize (Corn), Seed in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 0.2 | 63.9 | 49.4 | 61.2 | 573.9% |
| Indonesia | 35.1 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 9.1 | N/A | N/A | 4450.0% |
| Total | 35.4 | 73.0 | 49.4 | 61.2 | 20.0% |
Top Export Markets for Cereals; Maize (Corn), Seed from Singapore in 2022:
- Seychelles (22.8 tons)
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