Price for Cereal Grains; Rolled or Flaked, of Oats in Kuwait - 2022

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of oatses stood at $2,209 per ton in 2022, with a decrease of -23% against the previous year. Overall, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 14%. The import price peaked at $3,240 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,187 per ton), while the price for Italy ($818 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 (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,455 per ton, picking up by 6.9% against the previous year. Overall, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2017 an increase of 171% against the previous year. As a result, the export price attained the peak level of $2,334 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +6.4% per year.

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

In 2022, approx. 1.7K tons of cereal grains; rolled or flaked, of oatses were imported into Kuwait; increasing by 72% on 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 154%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of cereal grains; rolled or flaked, of oatses skyrocketed to $3.8M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. As a result, imports attained the peak of $4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United Kingdom (1140.4 tons)
2. United States (150.2 tons)
3. Sri Lanka (84.9 tons)
4. United Arab Emirates (75.7 tons)
5. Germany (53.6 tons)
6. Italy (52.1 tons)
7. Saudi Arabia (45.0 tons)
8. Malaysia (31.6 tons)

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

Exports of cereal grains; rolled or flaked, of oatses from Kuwait declined remarkably to 1.6 tons in 2022, falling by -19.3% against 2021. Overall, exports saw a deep reduction. The smallest decline of -19.3% was in 2021.

In value terms, exports of cereal grains; rolled or flaked, of oatses reduced to $2.3K in 2022. In general, exports faced a abrupt slump.

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

1. Saudi Arabia (1579.0 kg)

Source: IndexBox Market Intelligence Platform