Price for Cereal Grains; Rolled or Flaked, of Oats in Egypt - 2023

Contents:

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

Price for Cereal Grains; Rolled or Flaked, of Oats in Egypt (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of oatses stood at $1,004 per ton in 2022, growing by 12% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $1,256 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($1,004 per ton) and Poland ($1,004 per ton), while the price for the UK ($1,004 per ton) and Germany ($1,004 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Egypt (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $913 per ton, picking up by 18% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 153% against the previous year. As a result, the export price attained the peak level of $2,044 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Iraq ($913 per ton) and Lebanon ($913 per ton), while the average price for exports to Sudan ($913 per ton) and Tunisia ($913 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Egypt

After three years of growth, overseas purchases of cereal grains; rolled or flaked, of oatses decreased by -18.3% to 4.2K tons in 2022. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of 5.1K tons, and then contracted rapidly in the following year.

In value terms, imports of cereal grains; rolled or flaked, of oatses declined to $4.2M in 2022. Overall, imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports reached the peak of $4.6M, and then fell in the following year.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Egypt in 2022:

1. Lithuania (1139.1 tons)
2. Ukraine (949.4 tons)
3. Latvia (936.2 tons)
4. United Kingdom (594.6 tons)
5. Poland (189.0 tons)
6. Spain (125.6 tons)
7. Germany (112.0 tons)
8. United Arab Emirates (46.4 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Egypt

In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses decreased by -26.5% to 453 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 83,944% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of oatses contracted to $413K in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 35,159%.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Egypt in 2022:

1. Libya (102.1 tons)
2. Iraq (88.7 tons)
3. Lebanon (71.7 tons)
4. Sudan (45.6 tons)
5. Tunisia (39.7 tons)
6. United Arab Emirates (35.2 tons)
7. Saudi Arabia (29.4 tons)
8. Seychelles (17.7 tons)
9. Palestine (10.8 tons)

Source: IndexBox Market Intelligence Platform