Price for Cereals; Maize (Corn), Seed in Slovenia - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Slovenia (CIF) - 2023
- Price for Cereals; Maize (Corn), Seed in Slovenia (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Slovenia
- Exports of Cereals; Maize (Corn), Seed in Slovenia
Price for Cereals; Maize (Corn), Seed in Slovenia (CIF) - 2023
The average cereals; maize (corn), seed import price stood at $1,080 per ton in May 2023, shrinking by -81.6% against the previous month. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 37% against the previous month. The import price peaked at $6,588 per ton in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Austria ($4,612 per ton), while the price for Ukraine totaled $252 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Seed in Slovenia (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $4,779 per ton, increasing by 2.5% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 80%. As a result, the export price reached the peak level of $6,729 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
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 Hungary ($11,455 per ton), while the average price for exports to Bosnia and Herzegovina ($4,348 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 Serbia (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Slovenia
Cereals; maize (corn), seed imports into Slovenia declined slightly to 2.4K tons in 2022, which is down by -4.1% compared with 2021. Overall, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2.3% against the previous year.
In value terms, cereals; maize (corn), seed imports contracted to $13M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of $13M, and then reduced modestly in the following year.
| Import of Cereals; Maize (Corn), Seed in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.2 | 4.1 | 4.0 | 6.1 | 40.5% |
| Hungary | 3.5 | 2.5 | 2.4 | 1.8 | -19.9% |
| France | 1.2 | 2.3 | 3.5 | 1.8 | 14.5% |
| Romania | 0.9 | 0.8 | 1.6 | 1.2 | 10.1% |
| Croatia | 0.8 | 0.7 | 0.6 | 0.7 | -4.4% |
| Serbia | 0.5 | 0.8 | 0.4 | 0.5 | 0.0% |
| Germany | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Italy | 2.4 | 0.2 | 0.2 | 0.2 | -56.3% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 12.2 | 11.6 | 12.9 | 12.7 | 1.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to Slovenia in 2022:
- Austria (1003.9 tons)
- France (373.9 tons)
- Hungary (345.2 tons)
- Romania (263.2 tons)
- Serbia (111.6 tons)
- Croatia (106.0 tons)
- Germany (98.4 tons)
- Italy (62.6 tons)
Exports of Cereals; Maize (Corn), Seed in Slovenia
In 2022, cereals; maize (corn), seed exports from Slovenia skyrocketed to 961 tons, jumping by 29% against the year before. In general, exports posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; maize (corn), seed exports surged to $4.6M in 2022. Overall, exports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year.
| Export of Cereals; Maize (Corn), Seed in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 644 | 453 | 2,974 | 3,227 | 71.1% |
| Austria | 670 | 260 | 149 | 843 | 8.0% |
| Bosnia and Herzegovina | 167 | 209 | 290 | 296 | 21.0% |
| Serbia | 36.7 | 26.7 | 12.4 | 166 | 65.4% |
| France | 122 | 345 | N/A | 26.7 | -39.7% |
| Italy | 3,521 | N/A | 8.7 | N/A | -95.0% |
| Others | 23.8 | 195 | 32.5 | 33.1 | 11.6% |
| Total | 5,183 | 1,488 | 3,466 | 4,592 | -4.0% |
Top Export Markets for Cereals; Maize (Corn), Seed from Slovenia in 2022:
- Croatia (687.4 tons)
- Austria (156.6 tons)
- Bosnia and Herzegovina (68.2 tons)
- Serbia (38.2 tons)
- France (4.3 tons)
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