Price for Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia (FOB) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $1,527 per ton, falling by -32.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 127%. The export price peaked at $2,268 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($4,609 per ton), while the average price for exports to Bahrain ($1,029 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-4.6%).
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia
In 2022, exports of buckwheat, millet and canary seed; other cerealses from Saudi Arabia soared to 16 tons, growing by 215% on 2021 figures. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 258% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses soared to $24K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 564% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | N/A | 19.9 | 0% | ||
| Oman | N/A | 4.0 | 0% | ||
| Yemen | 0.3 | N/A | 0% | ||
| Bahrain | 8.5 | N/A | 0% | ||
| Others | 2.5 | 0.1 | -96.0% | ||
| Total | 11.3 | 24.0 | 112.4% | ||
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Saudi Arabia in 2022:
- Netherlands (14.8 tons)
- Oman (0.9 tons)
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