Price for Cereal Groats and Meal; of Wheat in Uzbekistan - 2023
Contents:
- Price for Cereal Groats and Meal; of Wheat in Uzbekistan (CIF) - 2022
- Imports of Cereal Groats and Meal; of Wheat in Uzbekistan
Price for Cereal Groats and Meal; of Wheat in Uzbekistan (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of wheats amounted to $580 per ton, picking up by 1.8% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +5.3%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 9%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,130 per ton), while the price for Kazakhstan amounted to $566 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+22.3%).
Imports of Cereal Groats and Meal; of Wheat in Uzbekistan
In 2022, the amount of cereal groats and meal; of wheats imported into Uzbekistan skyrocketed to 3.5K tons, picking up by 26% against the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +73.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of cereal groats and meal; of wheats skyrocketed to $2M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cereal Groats and Meal; of Wheat in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 7.3 | 69.7 | 49.6 | 1,915 | 540.2% |
| Italy | N/A | N/A | N/A | 92.8 | 0% |
| Russia | 1,055 | 1,034 | 1,522 | N/A | 20.1% |
| Others | 0.3 | 0.1 | 2.7 | 14.0 | 260.0% |
| Total | 1,062 | 1,104 | 1,575 | 2,022 | 23.9% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Uzbekistan in 2022:
- Kazakhstan (3.4K tons)
- Italy (0.1K tons)
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