Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia (FOB) - 2022
  2. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $570 per ton, picking up by 89% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $733 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($1,292 per ton), while the average price for exports to Oman amounted to $569 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-21.8%).

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia

In 2022, shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) was finally on the rise to reach 19 tons after two years of decline. In general, exports, however, continue to indicate a abrupt slump.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) soared to $11K in 2022. Overall, exports, however, continue to indicate a deep downturn.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Saudi Arabia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
OmanN/A11.00%
Others1.5N/A0%
Total1.511.1640.0%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Saudi Arabia in 2022:

  1. Oman (19.4 tons)

Source: IndexBox Market Intelligence Platform

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