Price for Cereals; Oats, Other than Seed in the United Arab Emirates - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in the United Arab Emirates (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in the United Arab Emirates (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in the United Arab Emirates
- Exports of Cereals; Oats, Other than Seed in the United Arab Emirates
Price for Cereals; Oats, Other than Seed in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for cereals; oats, other than seeds amounted to $300 per ton, picking up by 4.6% against the previous year. In general, the import price recorded a slight expansion. The growth pace was the most rapid in 2013 an increase of 44%. As a result, import price attained the peak level of $391 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($303 per ton), while the price for Spain ($172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $736 per ton, with a decrease of -29.2% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2019 an increase of 35% against the previous year. As a result, the export price reached the peak level of $1,778 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($1,034 per ton), while the average price for exports to Israel ($83 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 Yemen (+0.7%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Oats, Other than Seed in the United Arab Emirates
In 2022, the amount of cereals; oats, other than seeds imported into the United Arab Emirates amounted to 44K tons, growing by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cereals; oats, other than seed imports surged to $13M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.8 | 6.4 | 10.8 | 11.9 | 27.1% |
| Russia | 1.0 | 0.5 | 0.1 | 0.3 | -33.1% |
| Canada | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 2.5 | 1.0 | 0.5 | 0.9 | -28.9% |
| Total | 9.6 | 7.9 | 11.5 | 13.2 | 11.2% |
Top Suppliers of Cereals; Oats, Other than Seed to the United Arab Emirates in 2022:
- Australia (41.1K tons)
- Russia (1.6K tons)
- Canada (0.3K tons)
Exports of Cereals; Oats, Other than Seed in the United Arab Emirates
In 2022, overseas shipments of cereals; oats, other than seeds decreased by -35.2% to 2.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 68%. As a result, the exports attained the peak of 8.2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cereals; oats, other than seed exports contracted markedly to $2M in 2022. In general, exports saw a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 58%. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereals; Oats, Other than Seed in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.1 | 7.0 | 3.1 | 1.2 | -27.1% |
| Yemen | 4.7 | 4.2 | 0.9 | 0.3 | -60.0% |
| Oman | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Iraq | N/A | 0.9 | N/A | 0.1 | -66.7% |
| Russia | N/A | N/A | N/A | N/A | 0% |
| Jordan | 0.2 | 0.3 | N/A | N/A | 50.0% |
| Israel | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 1.1 | 0.2 | 0.1 | -30.7% |
| Total | 8.7 | 13.8 | 4.3 | 2.0 | -38.7% |
Top Export Markets for Cereals; Oats, Other than Seed from the United Arab Emirates in 2022:
- Saudi Arabia (1286.8 tons)
- Oman (542.3 tons)
- Yemen (336.9 tons)
- Israel (158.0 tons)
- Iraq (110.7 tons)
- Jordan (59.0 tons)
- Russia (51.6 tons)
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