Price for Cereals; Millet, Other than Seed in Uzbekistan - 2023
Contents:
- Price for Cereals; Millet, Other than Seed in Uzbekistan (FOB) - 2022
- Price for Cereals; Millet, Other than Seed in Uzbekistan (CIF) - 2022
- Exports of Cereals; Millet, Other than Seed in Uzbekistan
- Imports of Cereals; Millet, Other than Seed in Uzbekistan
Price for Cereals; Millet, Other than Seed in Uzbekistan (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $311 per ton in 2022, shrinking by -7% against the previous year. In general, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of 3.2% against the previous year. Over the period under review, the average export prices attained the peak figure at $350 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($519 per ton), while the average price for exports to Iraq ($266 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-1.7%).
Price for Cereals; Millet, Other than Seed in Uzbekistan (CIF) - 2022
In 2022, the average import price for cereals; millet, other than seeds amounted to $120 per ton, shrinking by -47.6% against the previous year. Overall, the import price showed a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 371% against the previous year. As a result, import price attained the peak level of $500 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($250 per ton), while the price for Kazakhstan totaled $119 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+39.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Millet, Other than Seed in Uzbekistan
In 2022, overseas shipments of cereals; millet, other than seeds were finally on the rise to reach 3.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep slump.
In value terms, cereals; millet, other than seed exports surged to $1.1M in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn.
| Export of Cereals; Millet, Other than Seed in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 459 | 0% |
| Turkey | 1,589 | 1,266 | 214 | 418 | -35.9% |
| Iran | N/A | N/A | N/A | 112 | 0% |
| Others | 76.9 | 96.8 | N/A | 73.5 | -1.5% |
| Total | 1,665 | 1,363 | 214 | 1,062 | -13.9% |
Top Export Markets for Cereals; Millet, Other than Seed from Uzbekistan in 2022:
- Iraq (1728.9 tons)
- Turkey (1283.5 tons)
- Iran (216.0 tons)
Imports of Cereals; Millet, Other than Seed in Uzbekistan
In 2022, the amount of cereals; millet, other than seeds imported into Uzbekistan soared to 1.1K tons, rising by 185% on 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 731%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, cereals; millet, other than seed imports surged to $136K in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 279% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cereals; Millet, Other than Seed in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | 73.7 | 135 | 83.2% |
| Turkey | 11.0 | 3.4 | 0.2 | 0.3 | -69.9% |
| Pakistan | N/A | 20.4 | 6.5 | N/A | -68.1% |
| Others | N/A | 0.2 | 10.6 | 0.3 | 22.5% |
| Total | 11.0 | 24.0 | 91.0 | 136 | 131.2% |
Top Suppliers of Cereals; Millet, Other than Seed to Uzbekistan in 2022:
- Kazakhstan (1132.0 tons)
- Turkey (1.0 tons)
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