Price for Cereals; Maize (Corn), Seed in Angola - 2022
Contents:
- Price for Cereals; Maize (Corn), Seed in Angola (CIF) - 2022
- Imports of Cereals; Maize (Corn), Seed in Angola
Price for Cereals; Maize (Corn), Seed in Angola (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $5,168 per ton, surging by 38% against the previous year. In general, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 128% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($14,185 per ton), while the price for Argentina ($1,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+78.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in Angola
For the third year in a row, Angola recorded decline in purchases abroad of cereals; maize (corn), seeds, which decreased by -22.1% to 658 tons in 2022. In general, imports continue to indicate a dramatic setback.
In value terms, cereals; maize (corn), seed imports amounted to $3.4M in 2022. Overall, imports saw a abrupt descent.
| Import of Cereals; Maize (Corn), Seed in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 754 | 796 | 622 | 901 | 6.1% |
| South Africa | 2,209 | 689 | 1,127 | 594 | -35.5% |
| Brazil | 658 | 1,022 | 405 | 517 | -7.7% |
| China | 279 | 372 | 288 | 350 | 7.9% |
| Zambia | 1,028 | 134 | 182 | 334 | -31.3% |
| Namibia | 56.5 | 14.4 | 111 | 256 | 65.5% |
| Argentina | 41.2 | 94.1 | 27.6 | 45.2 | 3.1% |
| Others | 483 | 511 | 411 | 405 | -5.7% |
| Total | 5,509 | 3,632 | 3,173 | 3,403 | -14.8% |
Top Suppliers of Cereals; Maize (Corn), Seed to Angola in 2022:
- South Africa (179.7 tons)
- Namibia (130.6 tons)
- Zambia (95.8 tons)
- Canada (63.5 tons)
- China (59.0 tons)
- Brazil (46.4 tons)
- Argentina (44.3 tons)
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This report provides an in-depth analysis of the maize market in Angola.
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This report provides an in-depth analysis of the grain market in Angola.
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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 Angola.
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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.
