Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt - 2023

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (FOB) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (CIF) - 2022
  3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt
  4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $690 per ton in 2022, which is down by -8.3% against the previous year. Overall, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 94%. As a result, the export price reached the peak level of $1,785 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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 the United States ($880 per ton), while the average price for exports to Turkey ($515 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 Sudan (+94.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $850 per ton in 2022, with a decrease of -11.3% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by +21.6% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 109% against the previous year. As a result, import price reached the peak level of $1,077 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,134 per ton), while the price for Germany ($783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses exported from Egypt dropped dramatically to 53 tons, which is down by -46.9% compared with the year before. Over the period under review, exports recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined significantly to $36K in 2022. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/A27.3N/A13.1-30.7%
TurkeyN/AN/AN/A12.90%
United StatesN/AN/AN/A9.20%
Austria16.63.522.1N/A15.4%
Saudi Arabia80.818.952.6N/A-19.3%
OthersN/A0.50.11.361.2%
Total97.450.274.836.4-28.0%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Egypt in 2022:

  1. Turkey (25.0 tons)
  2. Kuwait (16.9 tons)
  3. United States (10.4 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt

Imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Egypt dropped rapidly to 22 tons in 2022, which is down by -54.5% compared with 2021. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses reduced remarkably to $18K in 2022. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/A2.710.5288.9%
Germany8.117.9N/A6.5-7.1%
NetherlandsN/AN/A0.41.3225.0%
Latvia7.3N/AN/AN/A0%
United States53.8N/AN/AN/A0%
United Arab Emirates12.8N/A29.0N/A50.5%
Saudi ArabiaN/AN/A13.2N/A0%
OthersN/A1.9N/AN/A0%
Total82.019.845.318.3-39.3%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Egypt in 2022:

  1. Ukraine (12.7 tons)
  2. Germany (8.3 tons)
  3. Netherlands (0.6 tons)

Source: IndexBox Market Intelligence Platform

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