Price for Cereals; Maize (Corn), Seed in the United Arab Emirates - 2021
Contents:
- Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in the United Arab Emirates
- Exports of Cereals; Maize (Corn), Seed in the United Arab Emirates
Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $524 per ton in 2022, with a decrease of -4.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2015 when the average import price increased by 100%. As a result, import price reached the peak level of $2,541 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 Egypt ($2,292 per ton), while the price for Pakistan ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $1,930 per ton, increasing by 7.4% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; maize (corn), seed export price increased by +11.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 47%. As a result, the export price reached the peak level of $2,943 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($1,983 per ton), while the average price for exports to Tanzania ($1,425 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 Iran (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in the United Arab Emirates
In 2022, imports of cereals; maize (corn), seeds into the United Arab Emirates shrank to 418 tons, waning by -15% against 2021 figures. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year.
In value terms, cereals; maize (corn), seed imports reduced remarkably to $219K in 2022. Overall, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 60%.
Import of Cereals; Maize (Corn), Seed in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 46.4 | 23.7 | 202 | 164 | 52.3% |
India | 7.3 | 99.0 | 17.9 | 29.7 | 59.6% |
Egypt | 20.2 | 14.3 | 31.7 | 25.7 | 8.4% |
South Africa | 803 | N/A | N/A | N/A | 0% |
Others | 101 | 31.5 | 18.0 | N/A | -57.8% |
Total | 978 | 169 | 270 | 219 | -39.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to the United Arab Emirates in 2022:
- Pakistan (382.8 tons)
- India (24.1 tons)
- Egypt (11.2 tons)
Exports of Cereals; Maize (Corn), Seed in the United Arab Emirates
In 2022, overseas shipments of cereals; maize (corn), seeds increased by 3.8% to 346 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt shrinkage.
In value terms, cereals; maize (corn), seed exports rose markedly to $668K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
Export of Cereals; Maize (Corn), Seed in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Seychelles | 782 | 0.1 | 81.0 | 402 | -19.9% |
Oman | 97.8 | 205 | 387 | 203 | 27.6% |
Tanzania | 0.6 | 1.3 | 59.1 | 30.4 | 270.0% |
Nigeria | N/A | 512 | N/A | N/A | 0% |
Others | 26.1 | 18.7 | 72.1 | 33.3 | 8.5% |
Total | 906 | 737 | 599 | 668 | -9.7% |
Top Export Markets for Cereals; Maize (Corn), Seed from the United Arab Emirates in 2022:
- Seychelles (202.6 tons)
- Oman (113.6 tons)
- Tanzania (21.3 tons)
This report provides an in-depth analysis of the maize market in the United Arab Emirates.
This report provides an in-depth analysis of the grain market in the United Arab Emirates.
This report provides an in-depth analysis of the global maize market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the maize market in the United Arab Emirates.
This report provides an in-depth analysis of the global maize market.
Discover the key import markets for maize globally, including China, Mexico, Japan, and more. Learn about the demand drivers and trends shaping the maize trade.
The global maize market contracted to $404.6B in 2021, declining by -6.1% against the previous year.
The global maize market is expected to reach a production volume of more than 1.2 billion metric tons by the end of 2025.
In 2022, corn prices are projected to drop by approximately 10% y/y due to an expected all-time record high global production, which is to reach 1.2B tons. This forecast is subject to a number of risks, such as volatile fertilizer and energy prices, high freight rates, biofuel policies and weather conditions.
Driven by rising demand from the food industry and favourable weather, global corn production increased significantly in 2020. The rise in prices made the raw corn-based production of bioethanol unprofitable amid the low cost of traditional fuels due to the pandemic, resulting in the closure of some distilleries. In the future, the growing demand for alternative fuels is expected to offset this shift and promote the corn market.
Global Maize Market: In 2017, the global maize market amounted to X tons, posting solid average +X% gains over the last decade. Since 2013, consumption growth has accelerated, against rising demand and a long
The U.S. was the key world maize producing country with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Brazil (X%) and Ukraine (X>
Global maize consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
In 2015, the countries with the highest levels of maize production were the United States (X thousand tons), China (X thousand tons), Brazil (X thousand tons), together accounting for X% of total output.
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