Price for Cereals; Millet, Other than Seed in Iran - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Iran (CIF) - 2022
- Price for Cereals; Millet, Other than Seed in Iran (FOB) - 2022
- Imports of Cereals; Millet, Other than Seed in Iran
- Exports of Cereals; Millet, Other than Seed in Iran
Price for Cereals; Millet, Other than Seed in Iran (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $438 per ton in 2022, surging by 6.9% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 67%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($697 per ton), while the price for Kazakhstan ($188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Iran (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $603 per ton in 2022, shrinking by -13% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 172%. Over the period under review, the average export prices reached the maximum at $1,443 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($1,623 per ton), while the average price for exports to Pakistan ($343 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 the United Arab Emirates (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Millet, Other than Seed in Iran
In 2022, imports of cereals; millet, other than seeds into Iran reduced dramatically to 1K tons, declining by -75.4% compared with the year before. In general, imports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year.
In value terms, cereals; millet, other than seed imports shrank notably to $448K in 2022. Overall, imports saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of $1.7M, and then dropped dramatically in the following year.
| Import of Cereals; Millet, Other than Seed in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 850 | 444 | 947 | 259 | -32.7% |
| United Arab Emirates | 274 | 276 | 359 | 63.3 | -38.6% |
| Kazakhstan | 168 | 82.6 | 174 | 57.0 | -30.3% |
| India | 106 | 68.8 | 185 | 50.7 | -21.8% |
| Uzbekistan | 87.7 | 25.0 | 24.5 | 17.2 | -41.9% |
| Others | 124 | 18.5 | 14.0 | 1.2 | -78.7% |
| Total | 1,610 | 915 | 1,704 | 448 | -34.7% |
Top Suppliers of Cereals; Millet, Other than Seed to Iran in 2022:
- Russia (471.3 tons)
- Kazakhstan (303.7 tons)
- United Arab Emirates (131.7 tons)
- India (92.2 tons)
- Uzbekistan (24.7 tons)
Exports of Cereals; Millet, Other than Seed in Iran
In 2022, the amount of cereals; millet, other than seeds exported from Iran dropped notably to 12 tons, with a decrease of -82.1% on the year before. In general, exports recorded a dramatic downturn. The smallest decline of -11.3% was in 2020.
In value terms, cereals; millet, other than seed exports contracted dramatically to $6.9K in 2022. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of $57K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cereals; Millet, Other than Seed in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 23.5 | 24.8 | 7.2 | 2.8 | -50.8% |
| Turkey | 18.6 | 10.7 | 11.6 | 2.2 | -50.9% |
| Qatar | 5.8 | 12.0 | 8.3 | 1.5 | -36.3% |
| Kuwait | N/A | N/A | N/A | 0.5 | 0% |
| United Arab Emirates | N/A | 9.5 | 17.4 | N/A | 83.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 47.9 | 57.0 | 44.6 | 6.9 | -47.6% |
Top Export Markets for Cereals; Millet, Other than Seed from Iran in 2022:
- Pakistan (8.2 tons)
- Turkey (2.1 tons)
- Qatar (0.9 tons)
- Kuwait (0.3 tons)
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