Price for Cereals; Maize (Corn), Other than Seed in Slovenia - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Slovenia (FOB) - 2023
- Price for Cereals; Maize (Corn), Other than Seed in Slovenia (CIF) - 2023
- Exports of Cereals; Maize (Corn), Other than Seed in Slovenia
- Imports of Cereals; Maize (Corn), Other than Seed in Slovenia
Price for Cereals; Maize (Corn), Other than Seed in Slovenia (FOB) - 2023
The average export price for cereals; maize (corn), other than seeds stood at $296 per ton in August 2023, surging by 6.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $336 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From October 2022 to August 2023, the rate of growth in terms of prices for Austria amounted to +6.9% per month.
Price for Cereals; Maize (Corn), Other than Seed in Slovenia (CIF) - 2023
The average import price for cereals; maize (corn), other than seeds stood at $254 per ton in August 2023, reducing by -2.9% against the previous month. Overall, the import price recorded a mild descent. The growth pace was the most rapid in December 2022 an increase of 9.7% m-o-m. As a result, import price attained the peak level of $327 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Ukraine ($252 per ton), while the price for Serbia totaled $232 per ton.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ukraine (-1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Maize (Corn), Other than Seed in Slovenia
In 2022, shipments abroad of cereals; maize (corn), other than seeds decreased by -1.6% to 664K tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 270% against the previous year. As a result, the exports attained the peak of 841K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereals; maize (corn), other than seeds soared to $224M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 256% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Cereals; Maize (Corn), Other than Seed in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 37.2 | 145 | 162 | 216 | 79.7% |
| Austria | 3.7 | 4.6 | 9.0 | 4.7 | 8.3% |
| Croatia | 1.2 | 1.2 | 4.7 | 0.9 | -9.1% |
| Others | 0.5 | 0.9 | 1.0 | 2.0 | 58.7% |
| Total | 42.6 | 152 | 177 | 224 | 73.9% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Slovenia in 2022:
- Italy (639.3K tons)
- Austria (16.3K tons)
- Croatia (2.9K tons)
Imports of Cereals; Maize (Corn), Other than Seed in Slovenia
Imports of cereals; maize (corn), other than seeds into Slovenia surged to 710K tons in 2022, growing by 16% against 2021. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 379%. As a result, imports reached the peak of 775K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cereals; maize (corn), other than seeds skyrocketed to $218M in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 416% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Cereals; Maize (Corn), Other than Seed in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 0.1 | 99.9 | 98.4 | 96.3 | 887.5% |
| Ukraine | N/A | 0.3 | 2.5 | 60.4 | 1318.9% |
| Croatia | 12.5 | 18.9 | 29.7 | 32.0 | 36.8% |
| Hungary | 10.7 | 12.6 | 20.7 | 18.0 | 18.9% |
| Austria | 2.2 | 1.3 | 2.8 | 5.5 | 35.7% |
| Others | 0.4 | 0.7 | 0.5 | 5.3 | 136.6% |
| Total | 25.9 | 134 | 155 | 218 | 103.4% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Slovenia in 2022:
- Serbia (326.4K tons)
- Ukraine (199.1K tons)
- Croatia (100.8K tons)
- Hungary (54.0K tons)
- Austria (14.9K tons)
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