Price for Cereals; Maize (Corn), Seed in Chile - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Chile (FOB) - 2022
- Price for Cereals; Maize (Corn), Seed in Chile (CIF) - 2022
- Exports of Cereals; Maize (Corn), Seed in Chile
- Imports of Cereals; Maize (Corn), Seed in Chile
Price for Cereals; Maize (Corn), Seed in Chile (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $3,107 per ton, therefore, remained relatively stable against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 15%. As a result, the export price attained the peak level of $4,351 per ton. From 2016 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 Germany ($4,117 per ton), while the average price for exports to Mexico ($2,078 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 South Africa (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Chile (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $3,035 per ton in 2022, which is down by -64.8% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $12,090 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($33,806 per ton), while the price for Peru ($1,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.1%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Maize (Corn), Seed in Chile
In 2022, overseas shipments of cereals; maize (corn), seeds decreased by -31% to 21K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year.
In value terms, cereals; maize (corn), seed exports plummeted to $66M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 53% against the previous year. As a result, the exports attained the peak of $102M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereals; Maize (Corn), Seed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.2 | 61.9 | 47.9 | 33.2 | -9.8% |
| France | 7.0 | 16.1 | 21.0 | 13.7 | 25.1% |
| Italy | 0.6 | 0.7 | 6.1 | 4.0 | 88.2% |
| South Africa | 0.9 | 3.6 | 5.7 | 3.7 | 60.2% |
| Germany | 4.4 | 2.7 | 4.3 | 2.8 | -14.0% |
| Mexico | 2.0 | 1.9 | 4.1 | 2.7 | 10.5% |
| Argentina | 1.9 | 2.5 | 1.5 | 1.3 | -11.9% |
| Netherlands | 1.6 | 1.3 | 0.3 | 0.7 | -24.1% |
| Others | 3.2 | 11.6 | 5.4 | 4.0 | 7.7% |
| Total | 66.7 | 102 | 96.4 | 66.0 | -0.4% |
Top Export Markets for Cereals; Maize (Corn), Seed from Chile in 2022:
- United States (9.1K tons)
- France (4.9K tons)
- Italy (1.8K tons)
- Mexico (1.3K tons)
- South Africa (1.3K tons)
- Germany (0.7K tons)
- Argentina (0.6K tons)
- Netherlands (0.3K tons)
Imports of Cereals; Maize (Corn), Seed in Chile
For the fourth year in a row, Chile recorded growth in overseas purchases of cereals; maize (corn), seeds, which increased by 251% to 7.5K tons in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed imports soared to $23M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 107%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 3.9 | 5.8 | 7.4 | 21.8% |
| France | 2.4 | 3.0 | 2.4 | 3.2 | 10.1% |
| Mexico | 0.1 | 1.5 | 1.1 | 1.5 | 146.6% |
| Peru | 0.7 | 2.5 | 0.1 | 1.4 | 26.0% |
| Austria | 1.2 | 1.1 | 0.5 | 1.2 | 0.0% |
| Germany | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
| Argentina | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| Turkey | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| China | N/A | 4.9 | 2.2 | N/A | -55.1% |
| Others | 1.1 | 3.3 | 5.5 | 7.1 | 86.2% |
| Total | 10.3 | 21.4 | 18.5 | 22.8 | 30.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to Chile in 2022:
- United States (1311.4 tons)
- Peru (1133.3 tons)
- Argentina (299.2 tons)
- France (284.9 tons)
- Mexico (240.7 tons)
- Germany (80.6 tons)
- Turkey (76.2 tons)
- Austria (48.0 tons)
651
This report provides an in-depth analysis of the maize market in Chile.
618
This report provides an in-depth analysis of the grain market in Chile.
7708
This report provides an in-depth analysis of the global maize market.
3968
This report provides an in-depth analysis of the global grain market.
651
This report provides an in-depth analysis of the maize market in Chile.
7708
This report provides an in-depth analysis of the global maize market.
1671
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
1610
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
545
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.
1300
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.
1533
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
1031
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>
5432
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
1382
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.
1223
Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
271
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
