Brown Rice Price in Iraq - 2022
Contents:
- Brown Rice Price in Iraq (CIF) - 2022
- Brown Rice Price in Iraq (FOB) - 2022
- Brown Rice Imports in Iraq
- Brown Rice Exports in Iraq
Brown Rice Price in Iraq (CIF) - 2022
The average brown rice import price stood at $721 per ton in 2022, declining by -10.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 59% against the previous year. The import price peaked at $849 per ton in 2014; however, from 2015 to 2022, 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 Jordan ($1,334 per ton), while the price for Tajikistan ($217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Iraq (FOB) - 2022
In 2022, the average brown rice export price amounted to $1,366 per ton, waning by -40.1% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2021 an increase of 94% against the previous year. As a result, the export price attained the peak level of $2,279 per ton, and then declined markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,681 per ton), while the average price for exports to Canada ($880 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+92.0%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports in Iraq
Brown rice imports into Iraq skyrocketed to 1.2K tons in 2022, increasing by 18% compared with 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 976%. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, brown rice imports expanded remarkably to $887K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,610%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Brown Rice in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | N/A | N/A | 808 | 0% |
| Jordan | 67.1 | 1,173 | 736 | 63.0 | -2.1% |
| United Arab Emirates | 1.7 | 87.9 | 40.1 | 9.8 | 79.3% |
| Kyrgyzstan | 1.2 | 17.6 | 17.0 | 1.3 | 2.7% |
| Tajikistan | 3.8 | 3.3 | 16.3 | 1.3 | -30.1% |
| Others | 2.5 | 22.2 | 33.8 | 3.6 | 12.9% |
| Total | 76.2 | 1,304 | 843 | 887 | 126.6% |
Top Suppliers of Brown Rice to Iraq in 2022:
- Uruguay (1160.5 tons)
- Jordan (47.2 tons)
- United Arab Emirates (10.7 tons)
- Tajikistan (6.0 tons)
- Kyrgyzstan (2.3 tons)
Brown Rice Exports in Iraq
In 2022, brown rice exports from Iraq rose slightly to 66 tons, picking up by 1.6% on the previous year. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 5%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, brown rice exports dropped sharply to $90K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of $147K, and then contracted notably in the following year.
| Export of Brown Rice in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 111 | 37.3 | -66.4% |
| Germany | N/A | N/A | 9.3 | 22.2 | 138.7% |
| Jordan | N/A | N/A | N/A | 2.5 | 0% |
| Sweden | 24.3 | N/A | N/A | 1.7 | -58.8% |
| Canada | N/A | N/A | N/A | 0.9 | 0% |
| Netherlands | N/A | N/A | 27.0 | 0.6 | -97.8% |
| Saudi Arabia | N/A | 72.3 | N/A | N/A | 0% |
| Others | 26.3 | N/A | N/A | 24.4 | -2.5% |
| Total | 50.6 | 72.3 | 147 | 89.5 | 20.9% |
Top Export Markets for Brown Rice from Iraq in 2022:
- United Kingdom (31.8 tons)
- Germany (15.6 tons)
- Jordan (2.4 tons)
- Canada (1.0 tons)
- Sweden (1.0 tons)
- Netherlands (0.4 tons)
646
This report provides an in-depth analysis of the rice market in Iraq.
408
This report provides an in-depth analysis of the paddy rice market in Iraq.
454
This report provides an in-depth analysis of the grain market in Iraq.
746
This report provides an in-depth analysis of the global brown rice market.
495
This report provides an in-depth analysis of the global milled rice market.
7869
This report provides an in-depth analysis of the global rice market.
1566
This report provides an in-depth analysis of the global paddy rice market.
1385
This report provides an in-depth analysis of the global broken rice market.
621
This report provides an in-depth analysis of the global milled rice market.
3952
This report provides an in-depth analysis of the global grain market.
287
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
831
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
795
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1424
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10423
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2160
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1503
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1550
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1339
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
80
Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
