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

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland (FOB) - 2023
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland (CIF) - 2023
  3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland
  4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland

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

In October 2023, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $6,113 per ton, increasing by 719% against the previous month. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +4.4% per month.

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

In August 2023, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $750 per ton, surging by 9.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 29% against the previous month. The import price peaked at $964 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($867 per ton), while the price for Ukraine ($141 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from Poland expanded slightly to 24K tons in 2022, increasing by 2.4% on 2021. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 3%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) rose sharply to $13M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.59.410.811.711.2%
FranceN/A0.2N/A0.322.5%
NetherlandsN/AN/AN/A0.20%
Denmark0.20.20.30.20.0%
LithuaniaN/A0.20.40.20.0%
Others0.20.10.30.1-20.6%
Total9.010.111.912.812.5%

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

  1. Germany (21.8K tons)
  2. Netherlands (0.6K tons)
  3. Lithuania (0.6K tons)
  4. France (0.6K tons)
  5. Denmark (0.4K tons)

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

In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -25.1% to 7.5K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 15K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) declined to $5.1M in 2022. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 11%. As a result, imports attained the peak of $6.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.44.32.72.5-9.7%
France1.20.91.01.1-2.9%
Italy0.60.61.20.75.3%
Spain0.40.50.50.57.7%
Lithuania0.40.10.50.40.0%
Others0.10.3N/AN/A200.0%
Total6.16.85.85.1-5.8%

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

  1. Netherlands (3.6K tons)
  2. France (1.4K tons)
  3. Italy (1.1K tons)
  4. Lithuania (0.7K tons)
  5. Spain (0.7K tons)

Source: IndexBox Market Intelligence Platform

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