Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia - 2022
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia (FOB) - 2022
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia (FOB) - 2022
In 2021, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $2,238 per ton, picking up by 64% against the previous year. Overall, the export price posted prominent growth. The growth pace was the most rapid in 2016 an increase of 2,398% against the previous year. As a result, the export price attained the peak level of $11,683 per ton. From 2017 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($6,452 per ton), while the average price for exports to the United Arab Emirates ($1,806 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+60.8%).
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia
Exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Saudi Arabia reduced sharply to 9.9 tons in 2022, dropping by -33.3% compared with 2021 figures. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 192%.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined notably to $23K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 381% against the previous year. As a result, the exports attained the peak of $33K, and then contracted remarkably in the following year.
Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
United Arab Emirates | N/A | 15.4 | 0% | ||
Egypt | N/A | 13.2 | 0% | ||
Bahrain | N/A | 2.4 | 0% | ||
Libya | N/A | 2.2 | 0% | ||
Kuwait | 6.9 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 6.9 | 33.2 | 381.2% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Saudi Arabia in 2022:
- United Arab Emirates (8.5 tons)
- Egypt (4.8 tons)
- Libya (0.6 tons)
- Bahrain (0.4 tons)
This report provides an in-depth analysis of the market for flaked or rolled cereal in Saudi Arabia.
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This report provides an in-depth analysis of the market for flaked or rolled cereal in Saudi Arabia.
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This report provides an in-depth analysis of the market for corn flakes and cereal products in Saudi Arabia.
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