Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates - 2022

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates (FOB) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $2,116 per ton, growing by 2.1% against the previous year. Overall, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 when the average export price increased by 48%. Over the period under review, the average export prices reached the maximum at $2,158 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($2,636 per ton), while the average price for exports to the UK ($1,590 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 Nigeria (+75.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,496 per ton, standing approx. at the previous year. Overall, the import price showed a perceptible decline. The pace of growth appeared the most rapid in 2014 an increase of 55%. As a result, import price reached the peak level of $3,092 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,326 per ton), while the price for the UK stood at $1,394 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in shipments abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which increased by 82% to 1.2K tons in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 110% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $2.5M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from the United Arab Emirates in 2022:

1. Saudi Arabia (452.6 tons)
2. Oman (167.2 tons)
3. Ethiopia (96.7 tons)
4. Iraq (84.3 tons)
5. Pakistan (77.4 tons)
6. United Kingdom (56.7 tons)
7. Kuwait (47.5 tons)
8. Sudan (37.9 tons)
9. Djibouti (31.2 tons)
10. Egypt (29.2 tons)
11. Yemen (23.5 tons)
12. India (3.5 tons)
13. Nigeria (1.5 tons)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in the United Arab Emirates

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into the United Arab Emirates skyrocketed to 349 tons, growing by 648% on the year before. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses skyrocketed to $521K in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to the United Arab Emirates in 2022:

1. United Kingdom (336.6 tons)
2. United States (8.6 tons)

Source: IndexBox Market Intelligence Platform