Price for Cereal Groats; Meal and Pellets in Uzbekistan - 2023

Contents:

1. Price for Cereal Groats; Meal and Pellets in Uzbekistan (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Uzbekistan (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Uzbekistan
4. Exports of Cereal Groats; Meal and Pellets in Uzbekistan

Price for Cereal Groats; Meal and Pellets in Uzbekistan (CIF) - 2022

In 2022, the average import price for cereal groats; meal and pelletses amounted to $498 per ton, with an increase of 2.6% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +7.9%. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($571 per ton), while the price for Kazakhstan ($306 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Uzbekistan (FOB) - 2022

In 2022, the average export price for cereal groats; meal and pelletses amounted to $917 per ton, surging by 4.1% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices attained the peak figure at $1,248 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2017 to 2022, the rate of growth in terms of prices for the United States amounted to +62.4% per year.

Imports of Cereal Groats; Meal and Pellets in Uzbekistan

Cereal groats; meal and pellets imports into Uzbekistan surged to 6.4K tons in 2022, with an increase of 49% compared with the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +55.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal groats; meal and pellets imports soared to $3.2M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Groats; Meal and Pellets to Uzbekistan in 2022:

1. Russia (4.5K tons)
2. Kazakhstan (1.8K tons)
3. Ukraine (0.1K tons)

Exports of Cereal Groats; Meal and Pellets in Uzbekistan

In 2022, after three years of growth, there was significant decline in shipments abroad of cereal groats; meal and pelletses, when their volume decreased by -7% to 1.1 tons. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 16%.

In value terms, cereal groats; meal and pellets exports shrank to $1.1K in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 6.6%. As a result, the exports reached the peak of $1.1K, and then declined in the following year.

Top Export Markets for Cereal Groats; Meal and Pellets from Uzbekistan in 2022:

1. Ukraine (1.1 tons)

Source: IndexBox Market Intelligence Platform