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

Contents:

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

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

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $949 per ton, increasing by 12% against the previous year. Overall, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 921%. As a result, import price reached the peak level of $5,033 per ton. From 2015 to 2022, the average 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 the United Arab Emirates ($2,018 per ton), while the price for Iran ($794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $566 per ton, approximately reflecting the previous year. In general, the export price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2.1% against the previous year. The export price peaked at $712 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -1.9% per year.

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

In 2022, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses into Iraq shrank markedly to 108 tons, waning by -72.5% on the previous year's figure. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses dropped markedly to $102K in 2022. In general, imports faced a dramatic decrease. The smallest decline of -5.5% was in 2020.

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

1. Iran (94.2 tons)
2. United Arab Emirates (13.0 tons)
3. Turkey (0.6 tons)

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

For the third year in a row, Iraq recorded decline in shipments abroad of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which decreased by -20% to 256 kg in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -15.7% was in 2020.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses fell sharply to $145 in 2022. Over the period under review, exports faced a significant contraction.

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

1. Canada (256.0 kg)

Source: IndexBox Market Intelligence Platform