Price for Cereals; Maize (Corn), Seed in Algeria - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Algeria (CIF) - 2022
- Imports of Cereals; Maize (Corn), Seed in Algeria
Price for Cereals; Maize (Corn), Seed in Algeria (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $4,386 per ton, surging by 4.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 45%. The import price peaked at $5,698 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,084 per ton), while the price for Cote d'Ivoire ($274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Algeria
In 2022, after three years of growth, there was significant decline in overseas purchases of cereals; maize (corn), seeds, when their volume decreased by -12.1% to 905 tons. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 87%.
In value terms, cereals; maize (corn), seed imports declined to $4M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 172%.
| Import of Cereals; Maize (Corn), Seed in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 331 | 1,150 | 1,368 | 1,239 | 55.3% |
| Turkey | 49.6 | 215 | 999 | 574 | 126.2% |
| Netherlands | 91.7 | 214 | 98.2 | 321 | 51.8% |
| Serbia | 38.9 | 109 | N/A | 195 | 71.1% |
| Egypt | 317 | 564 | 137 | 72.6 | -38.8% |
| Cote d'Ivoire | N/A | N/A | N/A | 3.4 | 0% |
| Others | 503 | 1,361 | 1,727 | 1,567 | 46.0% |
| Total | 1,330 | 3,613 | 4,330 | 3,971 | 44.0% |
Top Suppliers of Cereals; Maize (Corn), Seed to Algeria in 2022:
- France (243.7 tons)
- Turkey (179.9 tons)
- Netherlands (73.1 tons)
- Serbia (62.0 tons)
- Egypt (15.6 tons)
- Cote d'Ivoire (12.4 tons)
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This report provides an in-depth analysis of the maize market in Algeria.
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This report provides an in-depth analysis of the grain market in Algeria.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in Algeria.
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This report provides an in-depth analysis of the global maize market.
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The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
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The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
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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.
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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.
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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
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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>
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Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
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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.
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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.
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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.
