Price for Cereals; Oats, Other than Seed in Saudi Arabia - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Saudi Arabia (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Saudi Arabia
Price for Cereals; Oats, Other than Seed in Saudi Arabia (CIF) - 2022
In 2021, the average import price for cereals; oats, other than seeds amounted to $1,108 per ton, declining by -39.3% against the previous year. In general, the import price recorded a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 54% against the previous year. Over the period under review, average import prices reached the peak figure at $1,824 per ton in 2020, and then contracted remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.1% per year.
Imports of Cereals; Oats, Other than Seed in Saudi Arabia
After two years of growth, overseas purchases of cereals; oats, other than seeds decreased by -58% to 3.1K tons in 2021. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 53%. As a result, imports reached the peak of 7.3K tons, and then dropped significantly in the following year.
In value terms, cereals; oats, other than seed imports dropped dramatically to $3.4M in 2021. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of $13M, and then contracted remarkably in the following year.
| Import of Cereals; Oats, Other than Seed in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 7.0 | 12.3 | 2.6 | -39.1% | |
| Australia | 0.4 | N/A | N/A | 0% | |
| United Kingdom | N/A | 0.3 | N/A | 0% | |
| Others | 0.3 | 0.6 | 0.8 | 63.3% | |
| Total | 7.8 | 13.2 | 3.4 | -34.0% | |
Top Suppliers of Cereals; Oats, Other than Seed to Saudi Arabia in 2022:
- United Arab Emirates (1.7K tons)
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