Cereals; Millet, Seed Price in Uzbekistan - 2023
Contents:
Cereals; Millet, Seed Price in Uzbekistan (FOB) - 2023
The average cereals; millet, seed export price stood at $2,298 per ton in May 2023, increasing by 936% against the previous month. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $2,647 per ton in February 2023; however, from March 2023 to May 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Pakistan ($4,456 per ton), while the average price for exports to Iraq ($194 per ton) was amongst the lowest.
From September 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Millet, Seed Exports in Uzbekistan
In 2022, overseas shipments of cereals; millet, seeds were finally on the rise to reach 31K tons after two years of decline. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; millet, seed exports skyrocketed to $7.3M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Seed in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 2,277 | 2,515 | 390 | 6,618 | 42.7% |
| Iraq | 182 | 568 | 211 | 257 | 12.2% |
| Turkey | 1,276 | 670 | 214 | 167 | -49.2% |
| Afghanistan | 125 | 55.9 | 57.3 | 163 | 9.3% |
| Others | 1.0 | N/A | N/A | 82.3 | 335.0% |
| Total | 3,861 | 3,809 | 873 | 7,287 | 23.6% |
Top Export Markets for Cereals; Millet, Seed from Uzbekistan in 2022:
- Pakistan (28.3K tons)
- Iraq (1.1K tons)
- Turkey (0.7K tons)
- Afghanistan (0.7K tons)
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