Price for Cereal Flour; of Maize (Corn) in the United Arab Emirates - 2021

Contents:

1. Price for Cereal Flour; of Maize (Corn) in the United Arab Emirates (FOB) - 2022
2. Price for Cereal Flour; of Maize (Corn) in the United Arab Emirates (CIF) - 2022
3. Exports of Cereal Flour; of Maize (Corn) in the United Arab Emirates
4. Imports of Cereal Flour; of Maize (Corn) in the United Arab Emirates

Price for Cereal Flour; of Maize (Corn) in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cereal flour; of maize (corn) amounted to $809 per ton, shrinking by -23.8% against the previous year. In general, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53% against the previous year. As a result, the export price attained the peak level of $1,062 per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($2,357 per ton), while the average price for exports to Tanzania ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Flour; of Maize (Corn) in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $720 per ton, growing by 9.1% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 29%. Over the period under review, average import prices hit record highs at $839 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($926 per ton), while the price for India ($533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cereal Flour; of Maize (Corn) in the United Arab Emirates

In 2022, overseas shipments of cereal flour; of maize (corn) increased by 67% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt contraction.

In value terms, cereal flour; of maize (corn) exports skyrocketed to $1.4M in 2022. Overall, exports, however, showed a abrupt downturn.

Top Export Markets for Cereal Flour; of Maize (Corn) from the United Arab Emirates in 2022:

1. Tanzania (679.6 tons)
2. Rwanda (635.8 tons)
3. Bahrain (206.7 tons)
4. Sri Lanka (48.5 tons)
5. Mauritius (42.7 tons)
6. Burundi (33.2 tons)
7. Azerbaijan (31.3 tons)

Imports of Cereal Flour; of Maize (Corn) in the United Arab Emirates

In 2022, imports of cereal flour; of maize (corn) into the United Arab Emirates shrank remarkably to 1K tons, falling by -25.7% against 2021 figures. Over the period under review, imports faced a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 101%.

In value terms, cereal flour; of maize (corn) imports reduced notably to $720K in 2022. In general, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 61%.

Top Suppliers of Cereal Flour; of Maize (Corn) to the United Arab Emirates in 2022:

1. United States (303.1 tons)
2. Italy (203.6 tons)
3. India (187.7 tons)
4. Greece (35.7 tons)

Source: IndexBox Market Intelligence Platform