Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $685 per ton, declining by -68.7% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 183% against the previous year. Over the period under review, average import prices attained the maximum at $2,188 per ton in 2021, and then dropped significantly in the following year.

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 France ($1,980 per ton), while the price for Moldova ($280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $949 per ton, surging by 34% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 114% against the previous year. As a result, the export price attained the peak level of $1,900 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($3,467 per ton), while the average price for exports to the Netherlands ($143 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 (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania

In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -71.9% to 266 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,720% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) shrank sharply to $182K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 5,059% against the previous year.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.334.444.755.757.3%
Hungary12.612.534.338.945.6%
BelgiumN/AN/A10.327.3165.0%
UkraineN/AN/AN/A19.50%
FranceN/A1,3401,97513.8-89.9%
MoldovaN/AN/AN/A12.10%
GermanyN/AN/A0.17.06900.0%
OthersN/A0.75.37.7231.7%
Total26.91,3882,07018289.1%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Romania in 2022:

  1. Hungary (79.3 tons)
  2. Italy (70.7 tons)
  3. Ukraine (43.2 tons)
  4. Moldova (43.2 tons)
  5. Belgium (15.3 tons)
  6. France (7.0 tons)
  7. Germany (4.1 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania

In 2022, after three years of growth, there was significant decline in shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume decreased by -76.8% to 188 tons. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 517% against the previous year.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) contracted sharply to $178K in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 114% against the previous year.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1101571311233.8%
Germany0.51.436342.3339.0%
United Kingdom13.16.90.95.5-25.1%
France2.75.98.35.426.0%
HungaryN/AN/A67.71.4-97.9%
Belgium0.142.21.20.226.0%
NetherlandsN/A72.70.8N/A-98.9%
Others10.78.12.20.6-61.7%
Total1372945751789.1%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Romania in 2022:

  1. Germany (136.6 tons)
  2. Moldova (35.5 tons)
  3. France (6.3 tons)
  4. Hungary (4.5 tons)
  5. United Kingdom (3.8 tons)
  6. Belgium (0.6 tons)

Source: IndexBox Market Intelligence Platform

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