Cereals; Millet, Seed Price in the United Arab Emirates - 2021
Contents:
- Cereals; Millet, Seed Price in the United Arab Emirates (CIF) - 2022
- Cereals; Millet, Seed Price in the United Arab Emirates (FOB) - 2022
- Cereals; Millet, Seed Imports in the United Arab Emirates
- Cereals; Millet, Seed Exports in the United Arab Emirates
Cereals; Millet, Seed Price in the United Arab Emirates (CIF) - 2022
In 2021, the average cereals; millet, seed import price amounted to $412 per ton, with an increase of 21% against the previous year. Overall, the import price, however, saw a pronounced descent. The import price peaked at $556 per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ukraine ($471 per ton), while the price for India totaled $319 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+10.0%), while the prices for the other major suppliers experienced a decline.
Cereals; Millet, Seed Price in the United Arab Emirates (FOB) - 2022
In 2021, the average cereals; millet, seed export price amounted to $559 per ton, rising by 50% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 101% against the previous year. The export price peaked at $692 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Oman.
From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +8.1% per year.
Cereals; Millet, Seed Imports in the United Arab Emirates
In 2022, approx. 5.6K tons of cereals; millet, seeds were imported into the United Arab Emirates; with an increase of 18% against 2021. Over the period under review, imports, however, saw a mild downturn.
In value terms, cereals; millet, seed imports expanded significantly to $2.1M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereals; Millet, Seed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 1,505 | 1,989 | 101 | -74.1% | |
| Ukraine | N/A | 52.6 | 44.9 | -14.6% | |
| United States | 307 | 46.3 | N/A | -84.9% | |
| Pakistan | 35.0 | 56.0 | N/A | 60.0% | |
| Others | 0.1 | 74.0 | 1,817 | 13379.6% | |
| Total | 1,847 | 2,218 | 1,963 | 3.1% | |
Top Suppliers of Cereals; Millet, Seed to the United Arab Emirates in 2022:
- India (0.3K tons)
- Ukraine (0.1K tons)
Cereals; Millet, Seed Exports in the United Arab Emirates
In 2022, cereals; millet, seed exports from the United Arab Emirates soared to 427 tons, jumping by 79% on 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 197% against the previous year. As a result, the exports attained the peak of 615 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereals; millet, seed exports skyrocketed to $182K in 2022. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 114% against the previous year. As a result, the exports reached the peak of $230K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cereals; Millet, Seed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Oman | 89.0 | 203 | 3.9 | -79.1% | |
| Malaysia | N/A | 4.5 | N/A | 0% | |
| Mauritius | 7.5 | N/A | N/A | 0% | |
| Saudi Arabia | N/A | 11.3 | N/A | 0% | |
| Others | 11.1 | 11.2 | 130 | 242.2% | |
| Total | 108 | 230 | 134 | 11.4% | |
Top Export Markets for Cereals; Millet, Seed from the United Arab Emirates in 2022:
- Oman (7.8 tons)
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