Price for Cereal Flour; of Maize (Corn) in Saudi Arabia - 2021
Contents:
- Price for Cereal Flour; of Maize (Corn) in Saudi Arabia (FOB) - 2022
- Exports of Cereal Flour; of Maize (Corn) in Saudi Arabia
Price for Cereal Flour; of Maize (Corn) in Saudi Arabia (FOB) - 2022
In 2021, the average export price for cereal flour; of maize (corn) amounted to $2,462 per ton, growing by 13% against the previous year. In general, the export price continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Oman ($2,631 per ton) and the United Arab Emirates ($2,478 per ton), while the average price for exports to Jordan ($2,349 per ton) and Bahrain ($2,372 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Cereal Flour; of Maize (Corn) in Saudi Arabia
In 2021, overseas shipments of cereal flour; of maize (corn) decreased by -38.1% to 61 tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports reached the peak of 98 tons, and then contracted dramatically in the following year.
In value terms, cereal flour; of maize (corn) exports dropped sharply to $149K in 2021. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of $213K, and then shrank sharply in the following year.
| Export of Cereal Flour; of Maize (Corn) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 118 | 75.4 | 85.1 | -15.1% | |
| Jordan | N/A | 25.8 | 41.5 | 60.9% | |
| Oman | N/A | 67.3 | 22.4 | -66.7% | |
| Bahrain | 61.6 | 44.6 | 0.2 | -94.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 180 | 213 | 149 | -9.0% | |
Top Export Markets for Cereal Flour; of Maize (Corn) from Saudi Arabia in 2022:
- United Arab Emirates (34.3 tons)
- Jordan (17.7 tons)
- Oman (8.5 tons)
- Bahrain (0.1 tons)
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This report provides an in-depth analysis of the cereal flour market in Saudi Arabia.
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
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