Price for Cereals; Maize (Corn), Seed in Israel - 2023
Contents:
- Price for Cereals; Maize (Corn), Seed in Israel (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in Israel (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in Israel
- Exports of Cereals; Maize (Corn), Seed in Israel
Price for Cereals; Maize (Corn), Seed in Israel (CIF) - 2022
In 2022, the average cereals; maize (corn), seed import price amounted to $4,135 per ton, standing approx. at the previous year. Overall, the import price, however, continues to indicate a mild descent. The growth pace was the most rapid in 2015 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $5,580 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 Spain ($4,372 per ton), while the price for Turkey ($2,580 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Seed in Israel (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $5,330 per ton, growing by 13% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 81%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($6,622 per ton), while the average price for exports to Kazakhstan ($677 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 Angola (+18.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Maize (Corn), Seed in Israel
In 2022, approx. 758 tons of cereals; maize (corn), seeds were imported into Israel; with an increase of 26% against 2021 figures. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; maize (corn), seed imports soared to $3.1M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Maize (Corn), Seed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 723 | 1,490 | 1,234 | 1,750 | 34.3% |
| Netherlands | 969 | 604 | 394 | 559 | -16.8% |
| Italy | 212 | 324 | 192 | 289 | 10.9% |
| Turkey | 139 | 25.9 | 101 | 226 | 17.6% |
| France | 190 | 160 | 125 | 184 | -1.1% |
| Spain | 65.3 | 149 | 50.2 | 105 | 17.2% |
| India | N/A | N/A | 20.5 | N/A | 0% |
| Others | 26.8 | 18.0 | 363 | 20.8 | -8.1% |
| Total | 2,324 | 2,771 | 2,480 | 3,135 | 10.5% |
Top Suppliers of Cereals; Maize (Corn), Seed to Israel in 2022:
- United States (400.6 tons)
- Netherlands (130.1 tons)
- Turkey (87.7 tons)
- Italy (67.5 tons)
- France (43.0 tons)
- Spain (24.0 tons)
Exports of Cereals; Maize (Corn), Seed in Israel
Cereals; maize (corn), seed exports from Israel surged to 30 tons in 2022, growing by 32% on the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 870%. As a result, the exports attained the peak of 62 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; maize (corn), seed exports surged to $160K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 743%. As a result, the exports reached the peak of $213K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Maize (Corn), Seed in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 23.0 | 13.5 | 98.7 | 148 | 86.0% |
| France | 0.7 | 0.4 | 3.6 | 6.0 | 104.7% |
| Palestine | 1.1 | 0.5 | 2.7 | 3.1 | 41.3% |
| Kazakhstan | 0.4 | 0.2 | 1.5 | 2.0 | 71.0% |
| Chile | N/A | 186 | N/A | N/A | 0% |
| United States | N/A | 11.2 | N/A | N/A | 0% |
| Others | N/A | 0.9 | 0.1 | 0.6 | -18.4% |
| Total | 25.3 | 213 | 107 | 160 | 84.9% |
Top Export Markets for Cereals; Maize (Corn), Seed from Israel in 2022:
- Angola (22.4 tons)
- Kazakhstan (3.0 tons)
- France (2.6 tons)
- Palestine (1.9 tons)
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