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

Contents:

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

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $300 per ton in 2022, increasing by 19% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by +55.7% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 79%. As a result, the export price attained the peak level of $345 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($445 per ton), while the average price for exports to Latvia stood at $287 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $2,954 per ton, growing by 70% against the previous year. Overall, the import price showed prominent growth. The growth pace was the most rapid in 2020 an increase of 152%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Moldova ($12,692 per ton), while the price for Russia stood at $2,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.2%).

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

In 2022, approx. 857 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were exported from Ukraine; picking up by 534% against the previous year. Over the period under review, exports continue to indicate a buoyant increase.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $257K in 2022. In general, exports saw a strong increase.

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

1. Latvia (798.7 tons)
2. Romania (44.0 tons)

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

In 2022, overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -90.4% to 840 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,005% against the previous year. As a result, imports attained the peak of 11 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) contracted markedly to $2.5K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 2,682%. As a result, imports attained the peak of $28K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Russia (827.0 kg)
2. Moldova (13.0 kg)

Source: IndexBox Market Intelligence Platform