Price for Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates - 2022
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates
- Exports of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates
Price for Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (CIF) - 2022
The average import price for cereal groats and meal; of maize (corn)s stood at $438 per ton in 2022, with an increase of 38% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum at $470 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,319 per ton), while the price for Pakistan ($213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of maize (corn)s amounted to $616 per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2020 when the average export price increased by 20% against the previous year. The export price peaked at $623 per ton in 2021, and then declined modestly in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($723 per ton), while the average price for exports to Oman ($517 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 Mauritania (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates
After three years of growth, overseas purchases of cereal groats and meal; of maize (corn)s decreased by -42.8% to 2.6K tons in 2022. In general, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 4.5K tons, and then dropped notably in the following year.
In value terms, imports of cereal groats and meal; of maize (corn)s declined sharply to $1.1M in 2022. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 6% against the previous year.
| Import of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 645 | 681 | 876 | 770 | 6.1% |
| France | 70.9 | 102 | 139 | 87.3 | 7.2% |
| Italy | 9.9 | 118 | 23.3 | 72.1 | 93.8% |
| Pakistan | N/A | N/A | 71.0 | 57.9 | -18.5% |
| South Africa | 15.2 | 13.2 | 27.1 | 47.5 | 46.2% |
| Romania | N/A | N/A | N/A | 23.8 | 0% |
| Netherlands | 164 | N/A | 4.2 | 5.9 | -67.0% |
| Turkey | 74.3 | 34.9 | 8.2 | N/A | -66.8% |
| Others | 302 | 408 | 277 | 62.3 | -40.9% |
| Total | 1,281 | 1,357 | 1,426 | 1,127 | -4.2% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to the United Arab Emirates in 2022:
- India (1941.3 tons)
- Pakistan (271.4 tons)
- France (110.5 tons)
- Romania (80.5 tons)
- Italy (54.7 tons)
- South Africa (44.1 tons)
- Netherlands (4.0 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates
In 2022, shipments abroad of cereal groats and meal; of maize (corn)s decreased by -27.8% to 360 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereal groats and meal; of maize (corn)s fell remarkably to $222K in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $625K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cereal Groats and Meal; of Maize (Corn) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | N/A | N/A | 208 | 0% |
| Oman | 274 | 550 | 260 | 10.0 | -66.8% |
| Yemen | 20.6 | N/A | N/A | 0.3 | -75.6% |
| Angola | N/A | 43.8 | N/A | N/A | 0% |
| Others | 23.1 | 31.3 | 50.6 | 3.9 | -44.7% |
| Total | 318 | 625 | 311 | 222 | -11.3% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from the United Arab Emirates in 2022:
- Sri Lanka (336.4 tons)
- Oman (19.4 tons)
- Yemen (0.4 tons)
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