Price for Cereal Flour; of Maize (Corn) in Austria - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Austria (CIF) - 2023
- Price for Cereal Flour; of Maize (Corn) in Austria (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Austria
- Exports of Cereal Flour; of Maize (Corn) in Austria
Price for Cereal Flour; of Maize (Corn) in Austria (CIF) - 2023
In June 2023, the average import price for cereal flour; of maize (corn) amounted to $1,424 per ton, with an increase of 16% against the previous month. Overall, import price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal flour; of maize (corn) import price increased by +25.5% against February 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 18% against the previous month. The import price peaked in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,615 per ton), while the price for Italy totaled $1,094 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Austria (FOB) - 2022
The average export price for cereal flour; of maize (corn) stood at $528 per ton in 2022, flattening at the previous year. In general, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $1,163 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1,116 per ton), while the average price for exports to Portugal ($194 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 the Netherlands (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Flour; of Maize (Corn) in Austria
For the fourth consecutive year, Austria recorded growth in purchases abroad of cereal flour; of maize (corn), which increased by 2.4% to 2.4K tons in 2022. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, cereal flour; of maize (corn) imports rose remarkably to $2.3M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Flour; of Maize (Corn) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 970 | 981 | 1,107 | 1,228 | 8.2% |
| Italy | 561 | 664 | 719 | 875 | 16.0% |
| Slovakia | 5.8 | 42.1 | 80.9 | 71.4 | 130.9% |
| Hungary | N/A | 5.3 | N/A | 27.7 | 128.6% |
| Serbia | 50.5 | 37.1 | 32.6 | 19.1 | -27.7% |
| Others | 31.8 | 67.2 | 60.6 | 31.6 | -0.2% |
| Total | 1,619 | 1,797 | 2,000 | 2,253 | 11.6% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Austria in 2022:
- Germany (1129.4 tons)
- Italy (1118.5 tons)
- Slovakia (87.5 tons)
- Hungary (49.6 tons)
- Serbia (22.6 tons)
Exports of Cereal Flour; of Maize (Corn) in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of cereal flour; of maize (corn), when their volume decreased by -26.3% to 1K tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 646%. As a result, the exports reached the peak of 1.4K tons, and then reduced markedly in the following year.
In value terms, cereal flour; of maize (corn) exports declined dramatically to $539K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 430%. As a result, the exports reached the peak of $722K, and then dropped sharply in the following year.
| Export of Cereal Flour; of Maize (Corn) in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 53.6 | 26.2 | 227 | 283 | 74.1% |
| Hungary | 1.8 | 0.5 | 109 | 116 | 300.9% |
| Netherlands | N/A | 38.8 | 38.6 | 40.4 | 2.0% |
| Italy | 17.5 | 12.9 | 299 | 33.6 | 24.3% |
| France | N/A | N/A | N/A | 22.2 | 0% |
| Sweden | 13.9 | 11.0 | 7.8 | 8.7 | -14.5% |
| Portugal | 3.7 | 1.7 | 2.5 | 4.2 | 4.3% |
| Slovenia | 18.1 | 16.0 | 9.6 | 1.1 | -60.7% |
| Others | 11.5 | 29.0 | 28.0 | 29.7 | 37.2% |
| Total | 120 | 136 | 722 | 539 | 65.0% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Austria in 2022:
- Germany (708.0 tons)
- Hungary (103.6 tons)
- France (48.8 tons)
- Italy (45.0 tons)
- Netherlands (42.9 tons)
- Portugal (21.4 tons)
- Sweden (11.7 tons)
- Slovenia (4.4 tons)
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