Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India (FOB) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India (CIF) - 2022
3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India
4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $750 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $902 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 the United States ($1,437 per ton), while the average price for exports to Oman ($459 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 the Philippines (+49.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,720 per ton in 2022, with an increase of 223% against the previous year. In general, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($2,742 per ton), while the price for the UK totaled $929 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+33.3%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India

In 2022, approx. 1.9K tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were exported from India; dropping by -8.8% against the year before. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. As a result, the exports reached the peak of 2.1K tons, and then contracted in the following year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $1.4M in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 50%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from India in 2022:

1. Japan (407.1 tons)
2. United Arab Emirates (384.1 tons)
3. Saudi Arabia (328.7 tons)
4. China (197.9 tons)
5. Malaysia (182.5 tons)
6. South Korea (95.4 tons)
7. Israel (52.9 tons)
8. United States (34.8 tons)
9. Kuwait (31.9 tons)
10. Qatar (13.6 tons)
11. Oman (6.9 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in India

In 2022, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into India skyrocketed to 7.3 tons, jumping by 64% compared with 2021 figures. In general, imports, however, continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 94% against the previous year.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $20K in 2022. Over the period under review, imports, however, showed a pronounced reduction.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to India in 2022:

1. United Arab Emirates (7.2 tons)

Source: IndexBox Market Intelligence Platform