Price for Cereals; Millet, Other than Seed in the United Arab Emirates - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in the United Arab Emirates (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in the United Arab Emirates (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in the United Arab Emirates
- Exports of Cereals; Millet, Other than Seed in the United Arab Emirates
Price for Cereals; Millet, Other than Seed in the United Arab Emirates (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $370 per ton in 2022, surging by 38% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Ukraine ($460 per ton), while the price for Pakistan ($286 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cereals; millet, other than seeds amounted to $437 per ton, falling by -28.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 46%. As a result, the export price reached the peak level of $615 per ton, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($460 per ton), while the average price for exports to Ghana ($150 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 India (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Millet, Other than Seed in the United Arab Emirates
Cereals; millet, other than seed imports into the United Arab Emirates expanded modestly to 22K tons in 2022, growing by 2.3% against the year before. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 108% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, cereals; millet, other than seed imports surged to $8.1M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Cereals; Millet, Other than Seed in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.9 | 2.1 | 4.8 | 7.1 | 34.8% |
| Russia | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Pakistan | N/A | N/A | N/A | 0.3 | 0% |
| United States | 0.5 | 0.3 | 0.4 | 0.2 | -26.3% |
| Ukraine | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 3.9 | 3.1 | 5.8 | 8.1 | 27.6% |
Top Suppliers of Cereals; Millet, Other than Seed to the United Arab Emirates in 2022:
- India (19.3K tons)
- Pakistan (1.0K tons)
- Russia (1.0K tons)
- Ukraine (0.2K tons)
- United States (0.2K tons)
Exports of Cereals; Millet, Other than Seed in the United Arab Emirates
In 2022, shipments abroad of cereals; millet, other than seeds decreased by -38.1% to 1.4K tons, falling for the second consecutive year after two years of growth. In general, exports faced a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; millet, other than seed exports dropped markedly to $600K in 2022. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Millet, Other than Seed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 568 | 611 | 779 | 334 | -16.2% |
| Libya | N/A | N/A | 180 | 104 | -42.2% |
| Congo | 36.5 | 12.1 | 47.9 | 72.4 | 25.6% |
| Pakistan | 39.0 | 42.9 | 34.1 | 50.5 | 9.0% |
| India | 24.8 | 29.1 | 30.5 | 17.7 | -10.6% |
| Ghana | N/A | N/A | N/A | 7.2 | 0% |
| Turkey | 39.9 | N/A | N/A | N/A | 0% |
| Iran | 270 | 903 | 125 | N/A | -32.0% |
| Saudi Arabia | 50.5 | 71.6 | 90.7 | N/A | 34.0% |
| Others | 27.4 | 56.9 | 77.7 | 14.1 | -19.9% |
| Total | 1,056 | 1,727 | 1,365 | 600 | -17.2% |
Top Export Markets for Cereals; Millet, Other than Seed from the United Arab Emirates in 2022:
- Oman (726.4 tons)
- Libya (250.8 tons)
- Congo (165.2 tons)
- Pakistan (121.0 tons)
- Ghana (48.0 tons)
- India (41.0 tons)
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