Price for Cereals; Maize (Corn), Other than Seed in Bolivia - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Bolivia (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Bolivia (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Bolivia
- Exports of Cereals; Maize (Corn), Other than Seed in Bolivia
Price for Cereals; Maize (Corn), Other than Seed in Bolivia (CIF) - 2022
The average import price for cereals; maize (corn), other than seeds stood at $603 per ton in 2022, rising by 107% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The import price peaked at $879 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,206 per ton), while the price for Argentina amounted to $345 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%).
Price for Cereals; Maize (Corn), Other than Seed in Bolivia (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $294 per ton in 2022, with an increase of 44% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereals; maize (corn), other than seeds increased by +71.3% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 46%. As a result, the export price reached the peak level of $295 per ton. From 2018 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 Argentina ($351 per ton), while the average price for exports to Peru ($178 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 Argentina (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Other than Seed in Bolivia
In 2022, overseas purchases of cereals; maize (corn), other than seeds decreased by -87.4% to 3.7K tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic downturn. The growth pace was the most rapid in 2020 with an increase of 516%. As a result, imports attained the peak of 63K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereals; maize (corn), other than seeds contracted notably to $2.2M in 2022. In general, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 392% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Cereals; Maize (Corn), Other than Seed in Bolivia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 1.4 | 10.5 | 7.6 | 1.2 | -5.0% |
United States | 0.5 | 1.1 | 0.8 | 1.0 | 26.0% |
Brazil | 0.5 | 0.1 | N/A | N/A | -80.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.4 | 11.8 | 8.5 | 2.2 | -2.9% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Bolivia in 2022:
- Argentina (3.4K tons)
- United States (0.2K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Bolivia
In 2022, exports of cereals; maize (corn), other than seeds from Bolivia dropped significantly to 3.4K tons, waning by -93.9% on 2021. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3,372% against the previous year. As a result, the exports attained the peak of 56K tons, and then contracted rapidly in the following year.
In value terms, exports of cereals; maize (corn), other than seeds reduced remarkably to $999K in 2022. Overall, exports, however, saw a temperate expansion. The growth pace was the most rapid in 2021 when exports increased by 2,870% against the previous year. As a result, the exports attained the peak of $11M, and then dropped significantly in the following year.
Export of Cereals; Maize (Corn), Other than Seed in Bolivia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 0.4 | N/A | 3.9 | 0.6 | 14.5% |
Peru | 0.4 | 0.2 | 5.0 | 0.2 | -20.6% |
Argentina | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Paraguay | N/A | N/A | 2.4 | N/A | 0% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 0.9 | 0.4 | 11.4 | 1.0 | 3.6% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Bolivia in 2022:
- Chile (2022.8 tons)
- Peru (1002.0 tons)
- Argentina (339.4 tons)
This report provides an in-depth analysis of the maize market in Bolivia.
This report provides an in-depth analysis of the grain market in Bolivia.
This report provides an in-depth analysis of the global maize market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the maize market in Bolivia.
This report provides an in-depth analysis of the global maize market.
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions.
Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.
Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long
The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
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