Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Iran - 2022

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,840 per ton in 2022, approximately equating the previous year. Overall, the import price showed a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 162%. The import price peaked at $4,241 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,974 per ton), while the price for Turkey ($1,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,318 per ton, rising by 25% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by +40.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 80%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Kuwait ($3,881 per ton), while the average price for exports to Turkey ($631 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 Kuwait (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by 0% to 28 tons, falling for the second consecutive year after two years of growth. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 403% against the previous year. As a result, imports reached the peak of 55 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $51K in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 325%. As a result, imports reached the peak of $100K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait7.218.26.737.473.2%
United Arab Emirates15.579.843.66.9-23.6%
Turkey0.82.10.84.476.5%
ArmeniaN/AN/AN/A2.20%
Others0.10.20.10.226.0%
Total23.610051.151.129.4%

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

  1. Kuwait (20.7 tons)
  2. Turkey (3.8 tons)
  3. United Arab Emirates (2.3 tons)
  4. Armenia (0.9 tons)

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

In 2022, shipments abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses increased by 123% to 6.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous decline.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $8K in 2022. Over the period under review, exports, however, showed a significant curtailment.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq2391232.56.8-69.5%
Afghanistan19.37.00.10.4-72.5%
Turkey1.51.30.10.2-48.9%
Malaysia1.81.0N/A0.1-61.8%
Sweden0.30.3N/A0.1-30.7%
Others7.74.10.10.4-62.7%
Total2701362.98.0-69.1%

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

  1. Iraq (5.0 tons)
  2. Afghanistan (0.4 tons)
  3. Turkey (0.3 tons)
  4. Malaysia (0.1 tons)
  5. Sweden (0.1 tons)

Source: IndexBox Market Intelligence Platform

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