Price for Cereal Flour; of Maize (Corn) in Bangladesh - 2022
Contents:
- Price for Cereal Flour; of Maize (Corn) in Bangladesh (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Bangladesh (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Bangladesh
- Exports of Cereal Flour; of Maize (Corn) in Bangladesh
Price for Cereal Flour; of Maize (Corn) in Bangladesh (CIF) - 2022
In 2022, the average import price for cereal flour; of maize (corn) amounted to $855 per ton, shrinking by -5.2% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal flour; of maize (corn) import price increased by +52.6% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 18%. As a result, import price reached the peak level of $903 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3,000 per ton), while the price for India ($834 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Bangladesh (FOB) - 2022
The average export price for cereal flour; of maize (corn) stood at $1,693 per ton in 2022, dropping by -3.7% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 159%. As a result, the export price reached the peak level of $1,800 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.3% per year.
Imports of Cereal Flour; of Maize (Corn) in Bangladesh
In 2022, supplies from abroad of cereal flour; of maize (corn) decreased by -19.9% to 18 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports attained the peak of 23 tons, and then dropped significantly in the following year.
In value terms, cereal flour; of maize (corn) imports declined markedly to $15K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93%. As a result, imports attained the peak of $20K, and then dropped rapidly in the following year.
| Import of Cereal Flour; of Maize (Corn) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.1 | 3.3 | 11.5 | 14.7 | 137.3% |
| Malta | 4.8 | 4.3 | 4.2 | 0.4 | -56.3% |
| Turkey | 0.8 | 1.6 | 3.1 | 0.3 | -27.9% |
| United Arab Emirates | 0.4 | 0.8 | 0.8 | N/A | 41.4% |
| Others | 0.6 | 0.5 | 0.6 | 0.1 | -45.0% |
| Total | 7.7 | 10.5 | 20.3 | 15.4 | 26.0% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Bangladesh in 2022:
- India (17.6 tons)
- Malta (0.3 tons)
- Turkey (0.1 tons)
Exports of Cereal Flour; of Maize (Corn) in Bangladesh
In 2022, the amount of cereal flour; of maize (corn) exported from Bangladesh soared to 1.2 tons, increasing by 33% against 2021. The total export volume increased at an average annual rate of +33.2% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal flour; of maize (corn) exports skyrocketed to $2K in 2022. The total export value increased at an average annual rate of +28.3% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flour; of Maize (Corn) in Bangladesh (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| United States | N/A | 2,016 | 0% |
| Oman | 395 | 16.0 | -95.9% |
| Cyprus | 922 | N/A | 0% |
| Saudi Arabia | 267 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 1,584 | 2,032 | 28.3% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Bangladesh in 2022:
- United States (1190.0 kg)
- Oman (10.0 kg)
477
This report provides an in-depth analysis of the cereal flour market in Bangladesh.
418
This report provides an in-depth analysis of the non-wheat flour market in Bangladesh.
2607
This report provides an in-depth analysis of the global cereal flour market.
790
This report provides an in-depth analysis of the global non-wheat flour market.
477
This report provides an in-depth analysis of the cereal flour market in Bangladesh.
418
This report provides an in-depth analysis of the non-wheat flour market in Bangladesh.
2607
This report provides an in-depth analysis of the global cereal flour market.
790
This report provides an in-depth analysis of the global non-wheat flour market.
108
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
108
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
