Price for Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates - 2022

Contents:

1. Price for Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates (CIF) - 2022
2. Price for Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates (FOB) - 2022
3. Imports of Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates
4. Exports of Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates

Price for Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $987 per ton, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. 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 China ($2,249 per ton), while the price for Oman ($590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $1,026 per ton in 2022, which is down by -5.3% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal flours; other than of wheat or meslin increased by +29.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. As a result, the export price reached the peak level of $1,084 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($1,624 per ton), while the average price for exports to Tanzania ($229 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 Oman (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates

In 2022, the amount of cereal flours; other than of wheat or meslin imported into the United Arab Emirates fell to 7.4K tons, shrinking by -6.5% against 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 7.9K tons, and then dropped in the following year.

In value terms, imports of cereal flours; other than of wheat or meslin reached $7.3M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to the United Arab Emirates in 2022:

1. India (4788.5 tons)
2. Vietnam (411.5 tons)
3. Saudi Arabia (263.2 tons)
4. Thailand (240.2 tons)
5. Oman (200.0 tons)
6. United States (171.8 tons)
7. China (147.6 tons)
8. United Kingdom (142.0 tons)
9. Germany (137.6 tons)
10. Italy (133.8 tons)
11. Malta (132.4 tons)
12. Mexico (31.4 tons)
13. South Africa (2.4 tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in the United Arab Emirates

In 2022, approx. 6K tons of cereal flours; other than of wheat or meslin were exported from the United Arab Emirates; picking up by 233% against the year before. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal flours; other than of wheat or meslin skyrocketed to $6.1M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from the United Arab Emirates in 2022:

1. Eritrea (2214.1 tons)
2. Oman (636.6 tons)
3. Tanzania (489.5 tons)
4. Iraq (371.8 tons)
5. Comoros (308.2 tons)
6. Ethiopia (262.9 tons)
7. Kuwait (238.8 tons)
8. Saudi Arabia (209.1 tons)
9. Djibouti (179.8 tons)
10. Maldives (155.9 tons)
11. Angola (3.4 tons)

Source: IndexBox Market Intelligence Platform