Price for Cereals; Maize (Corn), Seed in Switzerland - 2023

Contents:

  1. Price for Cereals; Maize (Corn), Seed in Switzerland (CIF) - 2022
  2. Price for Cereals; Maize (Corn), Seed in Switzerland (FOB) - 2022
  3. Imports of Cereals; Maize (Corn), Seed in Switzerland
  4. Exports of Cereals; Maize (Corn), Seed in Switzerland

Price for Cereals; Maize (Corn), Seed in Switzerland (CIF) - 2022

The average cereals; maize (corn), seed import price stood at $5,478 per ton in 2022, with a decrease of -26.4% against the previous year. Overall, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16%. The import price peaked at $8,642 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,882 per ton), while the price for Chile ($3,081 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Cereals; Maize (Corn), Seed in Switzerland (FOB) - 2022

In 2022, the average cereals; maize (corn), seed export price amounted to $5,316 per ton, declining by -23.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 65%. As a result, the export price reached the peak level of $11,020 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($12,552 per ton), while the average price for exports to Austria ($4,117 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 France (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereals; Maize (Corn), Seed in Switzerland

In 2022, purchases abroad of cereals; maize (corn), seeds decreased by -22.4% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of 1.8K tons, and then declined notably in the following year.

In value terms, cereals; maize (corn), seed imports fell sharply to $7.6M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of $13M, and then declined remarkably in the following year.

Import of Cereals; Maize (Corn), Seed in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.83.16.15.626.0%
Austria0.71.81.21.631.7%
SerbiaN/AN/AN/A0.20%
ChileN/AN/AN/A0.10%
Hungary0.30.10.30.1-30.7%
Germany5.54.95.7N/A1.8%
Others0.10.10.1N/A0.0%
Total9.59.913.47.6-7.2%

Top Suppliers of Cereals; Maize (Corn), Seed to Switzerland in 2022:

  1. France (847.9 tons)
  2. Austria (453.3 tons)
  3. Hungary (37.6 tons)
  4. Serbia (27.7 tons)
  5. Chile (21.0 tons)
  6. Germany (0.2 tons)

Exports of Cereals; Maize (Corn), Seed in Switzerland

Cereals; maize (corn), seed exports from Switzerland surged to 199 tons in 2022, rising by 285% on 2021 figures. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; maize (corn), seed exports soared to $1.1M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereals; Maize (Corn), Seed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany48.350.2112641136.8%
Austria35.939.8127394122.2%
France23.932.256.711.9-20.7%
Spain13.70.218.9N/A17.5%
Others23.228.246.310.8-22.5%
Total1451513611,05894.0%

Top Export Markets for Cereals; Maize (Corn), Seed from Switzerland in 2022:

  1. Spain (undefined tons)
  2. Germany (100.6 tons)
  3. Austria (95.7 tons)
  4. France (0.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; maize (corn), seed - Switzerland