Price for Cereals; Millet, Other than Seed in Saudi Arabia - 2022

Contents:

  1. Price for Cereals; Millet, Other than Seed in Saudi Arabia (FOB) - 2022
  2. Exports of Cereals; Millet, Other than Seed in Saudi Arabia

Price for Cereals; Millet, Other than Seed in Saudi Arabia (FOB) - 2022

The average export price for cereals; millet, other than seeds stood at $1,005 per ton in 2022, almost unchanged from the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2021 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Exports of Cereals; Millet, Other than Seed in Saudi Arabia

For the third year in a row, Saudi Arabia recorded decline in shipments abroad of cereals; millet, other than seeds, which decreased by 0% to 573 kg in 2022. Overall, exports saw a perceptible downturn. The smallest decline of -43% was in 2020.

In value terms, cereals; millet, other than seed exports totaled $576 in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Cereals; Millet, Other than Seed in Saudi Arabia (USD)
COUNTRY20212022CAGR,
2021-2022
CanadaN/A5760%
Yemen266N/A0%
United Arab Emirates239N/A0%
Others-505.0N/A0%
TotalN/A5760%

Top Export Markets for Cereals; Millet, Other than Seed from Saudi Arabia in 2022:

  1. Canada (573.0 kg)

Source: IndexBox Market Intelligence Platform

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