Price for Cereal Flour; of Maize (Corn) in Ukraine - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Ukraine (FOB) - 2022
- Price for Cereal Flour; of Maize (Corn) in Ukraine (CIF) - 2022
- Exports of Cereal Flour; of Maize (Corn) in Ukraine
- Imports of Cereal Flour; of Maize (Corn) in Ukraine
Price for Cereal Flour; of Maize (Corn) in Ukraine (FOB) - 2022
In 2022, the average export price for cereal flour; of maize (corn) amounted to $402 per ton, dropping by -56.1% against the previous year. In general, the export price, however, showed a notable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 189%. As a result, the export price reached the peak level of $917 per ton, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($509 per ton), while the average price for exports to Romania ($255 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 Israel (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Ukraine (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $1,615 per ton in 2022, standing approx. at the previous year. Overall, the import price posted a noticeable expansion. The growth pace was the most rapid in 2019 when the average import price increased by 157% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,292 per ton), while the price for Georgia ($1,121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal Flour; of Maize (Corn) in Ukraine
After three years of growth, shipments abroad of cereal flour; of maize (corn) decreased by -77.3% to 1.1K tons in 2022. Overall, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 355%. As a result, the exports reached the peak of 4.7K tons, and then contracted dramatically in the following year.
In value terms, cereal flour; of maize (corn) exports fell significantly to $431K in 2022. Over the period under review, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,214%. As a result, the exports reached the peak of $4.3M, and then shrank markedly in the following year.
| Export of Cereal Flour; of Maize (Corn) in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.4 | 2.5 | 7.3 | 120 | 228.0% |
| Poland | 6.4 | 13.7 | 5.7 | 94.1 | 145.0% |
| Moldova | 10.3 | 1.2 | 3.2 | 67.2 | 86.9% |
| Israel | 87.9 | 83.2 | 97.6 | 56.2 | -13.9% |
| Gambia | N/A | N/A | N/A | 50.2 | 0% |
| Libya | N/A | N/A | 3,686 | 17.5 | -99.5% |
| Belarus | 24.8 | 57.1 | 85.7 | 6.1 | -37.3% |
| Romania | N/A | N/A | N/A | 5.6 | 0% |
| Venezuela | 163 | 68.6 | N/A | N/A | -57.9% |
| Kazakhstan | N/A | 33.5 | 13.7 | N/A | -59.1% |
| Others | 115 | 69.6 | 430 | 13.7 | -50.8% |
| Total | 410 | 329 | 4,329 | 431 | 1.7% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Ukraine in 2022:
- Iraq (294.2 tons)
- Poland (256.7 tons)
- Moldova (204.2 tons)
- Israel (112.8 tons)
- Gambia (102.5 tons)
- Libya (34.4 tons)
- Romania (22.0 tons)
- Belarus (21.0 tons)
Imports of Cereal Flour; of Maize (Corn) in Ukraine
In 2022, supplies from abroad of cereal flour; of maize (corn) decreased by -39.8% to 5.3 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 286%. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereal flour; of maize (corn) imports dropped significantly to $8.6K in 2022. Over the period under review, imports, however, continue to indicate a pronounced expansion. The growth pace was the most rapid in 2020 when imports increased by 234% against the previous year. As a result, imports attained the peak of $25K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereal Flour; of Maize (Corn) in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.2 | 17.8 | 4.4 | 2.7 | -13.7% |
| Poland | 0.9 | 1.5 | 0.8 | 1.7 | 23.6% |
| Austria | 1.3 | 2.4 | 3.2 | 1.6 | 7.2% |
| Georgia | N/A | N/A | 2.8 | 1.2 | -57.1% |
| Mexico | N/A | 0.2 | N/A | 1.1 | 134.5% |
| France | N/A | 0.9 | 0.8 | 0.2 | -52.9% |
| Hungary | N/A | 1.2 | 0.7 | N/A | -41.7% |
| Others | 1.1 | 1.2 | 1.4 | 0.1 | -55.0% |
| Total | 7.5 | 25.2 | 14.3 | 8.6 | 4.7% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Ukraine in 2022:
- Italy (1655.0 kg)
- Poland (1318.0 kg)
- Georgia (1095.0 kg)
- Austria (681.0 kg)
- Mexico (500.0 kg)
- France (60.0 kg)
321
This report provides an in-depth analysis of the cereal flour market in Ukraine.
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This report provides an in-depth analysis of the global non-wheat flour market.
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This report provides an in-depth analysis of the cereal flour market in Ukraine.
338
This report provides an in-depth analysis of the non-wheat flour market in Ukraine.
2531
This report provides an in-depth analysis of the global cereal flour market.
759
This report provides an in-depth analysis of the global non-wheat flour market.
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