Price for Cereals; Maize (Corn), Other than Seed in the United Arab Emirates - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates
- Exports of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates
Price for Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $411 per ton, surging by 84% against the previous year. In general, the import price posted a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,481 per ton), while the price for Pakistan ($210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $465 per ton, jumping by 72% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereals; maize (corn), other than seeds increased by +73.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Djibouti ($844 per ton), while the average price for exports to Tanzania ($88 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 South Africa (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates
Imports of cereals; maize (corn), other than seeds into the United Arab Emirates shrank dramatically to 484K tons in 2022, dropping by -35.4% against 2021. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of 749K tons, and then declined sharply in the following year.
In value terms, imports of cereals; maize (corn), other than seeds surged to $199M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 61.0 | 45.1 | 89.3 | 112 | 22.5% |
| Brazil | 18.8 | 16.4 | 8.6 | 44.2 | 33.0% |
| Australia | 0.1 | N/A | N/A | 13.4 | 411.7% |
| South Africa | 6.4 | 5.8 | 10.7 | 12.8 | 26.0% |
| United States | 2.3 | 7.4 | 29.0 | 7.1 | 45.6% |
| Pakistan | N/A | 0.3 | 0.9 | 4.9 | 304.1% |
| India | 0.7 | 0.4 | 5.4 | 3.1 | 64.2% |
| Ukraine | 22.0 | 18.8 | 21.6 | N/A | -0.9% |
| Others | 3.6 | 0.7 | 1.9 | 1.7 | -22.1% |
| Total | 115 | 94.8 | 167 | 199 | 20.1% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to the United Arab Emirates in 2022:
- Argentina (296.6K tons)
- Brazil (103.2K tons)
- Pakistan (23.3K tons)
- United States (23.1K tons)
- South Africa (18.5K tons)
- Australia (9.0K tons)
- India (7.8K tons)
Exports of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates
In 2022, shipments abroad of cereals; maize (corn), other than seeds decreased by -90.1% to 78K tons, falling for the second consecutive year after two years of growth. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 324%. As a result, the exports reached the peak of 1.5M tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereals; maize (corn), other than seeds declined markedly to $36M in 2022. Overall, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 294% against the previous year. As a result, the exports attained the peak of $412M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cereals; Maize (Corn), Other than Seed in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 97.1 | 393 | 212 | 7.1 | -58.2% |
| Qatar | N/A | N/A | N/A | 5.8 | 0% |
| Iraq | N/A | N/A | N/A | 5.1 | 0% |
| Oman | 6.5 | 17.3 | 1.6 | 2.9 | -23.6% |
| Brazil | N/A | N/A | N/A | 2.4 | 0% |
| Djibouti | N/A | N/A | N/A | 2.0 | 0% |
| South Africa | N/A | N/A | N/A | 1.9 | 0% |
| Kuwait | N/A | N/A | N/A | 1.7 | 0% |
| Bahrain | 0.3 | 0.5 | N/A | 1.5 | 71.0% |
| Argentina | N/A | N/A | N/A | 0.9 | 0% |
| Tanzania | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.5 | 0.8 | 0.1 | 4.6 | 109.5% |
| Total | 104 | 412 | 214 | 36.4 | -29.5% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from the United Arab Emirates in 2022:
- Iran (26.3K tons)
- Qatar (12.9K tons)
- Iraq (7.5K tons)
- Oman (5.9K tons)
- Tanzania (4.1K tons)
- Kuwait (3.9K tons)
- Brazil (3.5K tons)
- Bahrain (3.0K tons)
- South Africa (2.8K tons)
- Djibouti (2.4K tons)
- Argentina (1.4K tons)
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This report provides an in-depth analysis of the maize market in the United Arab Emirates.
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This report provides an in-depth analysis of the grain market in the United Arab Emirates.
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This report provides an in-depth analysis of the global maize market.
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This report provides an in-depth analysis of the global grain market.
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This report provides an in-depth analysis of the maize market in the United Arab Emirates.
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This report provides an in-depth analysis of the global maize market.
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Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
