Price for Cereal Flour; of Maize (Corn) in Uzbekistan - 2023

Contents:

1. Price for Cereal Flour; of Maize (Corn) in Uzbekistan (CIF) - 2022
2. Imports of Cereal Flour; of Maize (Corn) in Uzbekistan

Price for Cereal Flour; of Maize (Corn) in Uzbekistan (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $1,243 per ton, surging by 42% against the previous year. Overall, the import price, however, recorded a abrupt slump. The import price peaked at $1,890 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Turkey ($2,259 per ton), while the price for Italy ($664 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-9.2%), while the prices for the other major suppliers experienced a decline.

Imports of Cereal Flour; of Maize (Corn) in Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in supplies from abroad of cereal flour; of maize (corn), which increased by 72% to 15 tons in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 467%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cereal flour; of maize (corn) imports skyrocketed to $19K in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 424% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Cereal Flour; of Maize (Corn) to Uzbekistan in 2022:

1. Russia (8.9 tons)
2. Kazakhstan (3.5 tons)
3. Turkey (2.4 tons)
4. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform