Price for Cereals; Barley, Other than Seed in Saudi Arabia - 2022
Contents:
- Price for Cereals; Barley, Other than Seed in Saudi Arabia (CIF) - 2022
- Imports of Cereals; Barley, Other than Seed in Saudi Arabia
Price for Cereals; Barley, Other than Seed in Saudi Arabia (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $271 per ton in 2021, with an increase of 28% against the previous year. Overall, the import price, however, showed a mild descent. Over the period under review, average import prices reached the peak figure at $308 per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Moldova ($316 per ton) and Ukraine ($292 per ton), while the price for Australia ($261 per ton) and Germany ($277 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cereals; Barley, Other than Seed in Saudi Arabia
In 2021, after two years of growth, there was significant decline in purchases abroad of cereals; barley, other than seeds, when their volume decreased by -18.3% to 5.4M tons. Overall, total imports indicated a remarkable increase from 2019 to 2021: its volume increased at an average annual rate of +17.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69%. As a result, imports attained the peak of 6.6M tons, and then reduced rapidly in the following year.
In value terms, cereals; barley, other than seed imports expanded to $1.5B in 2021. Over the period under review, total imports indicated a significant increase from 2019 to 2021: its value increased at an average annual rate of +28.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Import of Cereals; Barley, Other than Seed in Saudi Arabia (Million USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Australia | N/A | 34.9 | 844 | 2318.3% |
Russia | 196 | 532 | 269 | 17.2% |
Ukraine | 153 | 149 | 111 | -14.8% |
Germany | 40.5 | 154 | 89.8 | 48.9% |
Romania | 67.0 | 93.2 | 43.3 | -19.6% |
Estonia | 67.2 | 13.0 | 37.5 | -25.3% |
Moldova | N/A | N/A | 30.0 | 0% |
France | 99.1 | 102 | N/A | 2.9% |
Argentina | 203 | 137 | N/A | -32.5% |
Others | 56.3 | 180 | 34.2 | -22.1% |
Total | 883 | 1,396 | 1,458 | 28.5% |
Top Suppliers of Cereals; Barley, Other than Seed to Saudi Arabia in 2022:
- Australia (3235.7K tons)
- Russia (950.3K tons)
- Ukraine (379.1K tons)
- Germany (324.0K tons)
- Romania (150.6K tons)
- Estonia (132.0K tons)
- Moldova (94.9K tons)
This report provides an in-depth analysis of the barley market in Saudi Arabia.
This report provides an in-depth analysis of the grain market in Saudi Arabia.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in Saudi Arabia.
This report provides an in-depth analysis of the global barley market.
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