Price for Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates - 2022

Contents:

  1. Price for Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (CIF) - 2022
  2. Price for Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (FOB) - 2022
  3. Imports of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates
  4. Exports of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates

Price for Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (CIF) - 2022

The average import price for cereals; grain sorghum, other than seeds stood at $324 per ton in 2022, dropping by -9.1% against the previous year. Overall, the import price, however, posted a measured increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 64%. The import price peaked at $617 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($384 per ton), while the price for Sudan ($245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cereals; grain sorghum, other than seeds amounted to $471 per ton, which is down by -29.2% against the previous year. In general, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 92% against the previous year. The export price peaked at $1,519 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($1,031 per ton), while the average price for exports to Yemen ($398 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 Pakistan (+48.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates

Imports of cereals; grain sorghum, other than seeds into the United Arab Emirates soared to 9.4K tons in 2022, with an increase of 29% on the previous year's figure. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereals; grain sorghum, other than seeds soared to $3M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2278401,2921,986106.1%
Sudan39035430163417.6%
Ukraine26328336341316.2%
Bulgaria148103125N/A-8.1%
Paraguay10017.471.9N/A-15.2%
Moldova91.9301179N/A39.6%
Australia282236172N/A-21.9%
Others15866.086.312.6-57.0%
Total1,6602,2012,5913,04622.4%

Top Suppliers of Cereals; Grain Sorghum, Other than Seed to the United Arab Emirates in 2022:

  1. India (5.7K tons)
  2. Sudan (2.6K tons)
  3. Ukraine (1.1K tons)

Exports of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates

In 2022, approx. 875 tons of cereals; grain sorghum, other than seeds were exported from the United Arab Emirates; growing by 1,007% compared with the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereals; grain sorghum, other than seeds soared to $413K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Grain Sorghum, Other than Seed in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen0.10.40.11441029.2%
Oman20.18.040.311578.9%
PakistanN/AN/A1.61136962.5%
Kuwait1.21.17.238.7218.3%
MalaysiaN/A6.5N/AN/A0%
Saudi ArabiaN/A17.2N/AN/A0%
Others4.23.63.41.4-30.7%
Total25.636.752.6413152.7%

Top Export Markets for Cereals; Grain Sorghum, Other than Seed from the United Arab Emirates in 2022:

  1. Yemen (362.1 tons)
  2. Oman (255.6 tons)
  3. Pakistan (216.7 tons)
  4. Kuwait (37.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereals; grain sorghum, other than seed - United Arab Emirates