Price for Cereal Groats and Meal; of Wheat in Pakistan - 2022
Contents:
- Price for Cereal Groats and Meal; of Wheat in Pakistan (FOB) - 2022
- Price for Cereal Groats and Meal; of Wheat in Pakistan (CIF) - 2022
- Exports of Cereal Groats and Meal; of Wheat in Pakistan
- Imports of Cereal Groats and Meal; of Wheat in Pakistan
Price for Cereal Groats and Meal; of Wheat in Pakistan (FOB) - 2022
In 2022, the average export price for cereal groats and meal; of wheats amounted to $234 per ton, falling by -1.5% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2013 an increase of 14%. The export price peaked at $468 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($401 per ton), while the average price for exports to Sri Lanka ($105 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 Afghanistan (+0.7%), while the prices for the other major destinations experienced a decline.
Price for Cereal Groats and Meal; of Wheat in Pakistan (CIF) - 2022
The average import price for cereal groats and meal; of wheats stood at $533 per ton in 2022, surging by 7% against the previous year. Overall, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 67% against the previous year. The import price peaked at $1,115 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($602 per ton), while the price for the United Arab Emirates amounted to $518 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+159.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereal Groats and Meal; of Wheat in Pakistan
In 2022, approx. 1.7K tons of cereal groats and meal; of wheats were exported from Pakistan; therefore, remained relatively stable against 2021. Over the period under review, exports saw a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by less than 0.1%.
In value terms, exports of cereal groats and meal; of wheats shrank to $390K in 2022. Overall, exports continue to indicate a slight downturn.
| Export of Cereal Groats and Meal; of Wheat in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 97.4 | 126 | 134 | 137 | 12.0% |
| Denmark | 90.2 | 117 | 124 | 127 | 12.1% |
| United Arab Emirates | 99.3 | 101 | 83.3 | 66.8 | -12.4% |
| Sri Lanka | 37.2 | 43.4 | 41.4 | 38.3 | 1.0% |
| Germany | 7.7 | 9.0 | 9.4 | 16.8 | 29.7% |
| Kuwait | 66.8 | N/A | N/A | N/A | 0% |
| Others | 10.5 | 6.2 | 4.8 | 4.2 | -26.3% |
| Total | 409 | 403 | 396 | 390 | -1.6% |
Top Export Markets for Cereal Groats and Meal; of Wheat from Pakistan in 2022:
- Afghanistan (487.8 tons)
- United Arab Emirates (404.1 tons)
- Sri Lanka (363.9 tons)
- Denmark (316.1 tons)
- Germany (59.9 tons)
Imports of Cereal Groats and Meal; of Wheat in Pakistan
For the third consecutive year, Pakistan recorded decline in purchases abroad of cereal groats and meal; of wheats, which decreased by -46.6% to 5.8 tons in 2022. Over the period under review, imports showed a precipitous contraction.
In value terms, imports of cereal groats and meal; of wheats contracted markedly to $3.1K in 2022. Overall, imports saw a sharp reduction. The smallest decline of -30% was in 2021.
| Import of Cereal Groats and Meal; of Wheat in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 28.2 | 6.1 | 3.6 | 2.5 | -55.4% |
| Turkey | 1.9 | 1.6 | 1.8 | 0.6 | -31.9% |
| France | 37.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 67.5 | 7.7 | 5.4 | 3.1 | -64.2% |
Top Suppliers of Cereal Groats and Meal; of Wheat to Pakistan in 2022:
- United Arab Emirates (4.8 tons)
- Turkey (1.0 tons)
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