Price for Cereals; Oats, Other than Seed in Egypt - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in Egypt (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Egypt (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Egypt
- Exports of Cereals; Oats, Other than Seed in Egypt
Price for Cereals; Oats, Other than Seed in Egypt (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $526 per ton in 2022, surging by 119% against the previous year. Over the period under review, the import price recorded a noticeable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($786 per ton), while the price for the United States ($168 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 States (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in Egypt (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $432 per ton in 2022, dropping by -59.2% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 294%. The export price peaked at $1,712 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($684 per ton), while the average price for exports to Germany ($419 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 Saudi Arabia (+170.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Oats, Other than Seed in Egypt
In 2022, approx. 91 tons of cereals; oats, other than seeds were imported into Egypt; waning by -17.8% on the year before. Overall, imports faced a sharp downturn. The smallest decline of -0.2% was in 2020.
In value terms, cereals; oats, other than seed imports soared to $48K in 2022. In general, imports recorded a abrupt setback.
Import of Cereals; Oats, Other than Seed in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 68.9 | 18.2 | 12.6 | 41.2 | -15.8% |
United States | 17.1 | 8.3 | 1.7 | 6.0 | -29.5% |
Lebanon | N/A | N/A | N/A | 0.7 | 0% |
Russia | N/A | N/A | 12.3 | N/A | 0% |
Thailand | N/A | 3.4 | N/A | N/A | 0% |
Germany | N/A | 30.2 | N/A | N/A | 0% |
Others | 4.2 | N/A | N/A | N/A | 0% |
Total | 90.2 | 60.1 | 26.7 | 48.0 | -19.0% |
Top Suppliers of Cereals; Oats, Other than Seed to Egypt in 2022:
- United Kingdom (52.5 tons)
- United States (36.0 tons)
- Lebanon (2.4 tons)
Exports of Cereals; Oats, Other than Seed in Egypt
In 2022, approx. 21 tons of cereals; oats, other than seeds were exported from Egypt; jumping by 16% on the year before. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 49 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereals; oats, other than seed exports fell significantly to $9.1K in 2022. In general, exports, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, the exports attained the peak of $83K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Cereals; Oats, Other than Seed in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Libya | N/A | N/A | N/A | 5.6 | 0% |
Germany | N/A | N/A | N/A | 1.3 | 0% |
Tunisia | 7.6 | 12.0 | 6.3 | 1.1 | -47.5% |
Oman | N/A | N/A | 1.0 | 0.6 | -40.0% |
United Arab Emirates | 37.4 | 27.6 | 6.7 | 0.3 | -80.0% |
Saudi Arabia | 4.1 | 43.5 | N/A | N/A | 961.0% |
Others | N/A | N/A | 5.2 | 0.2 | -96.2% |
Total | 49.1 | 83.1 | 19.2 | 9.1 | -43.0% |
Top Export Markets for Cereals; Oats, Other than Seed from Egypt in 2022:
- Libya (13.4 tons)
- Germany (3.2 tons)
- Tunisia (2.7 tons)
- Oman (1.3 tons)
- United Arab Emirates (0.4 tons)
This report provides an in-depth analysis of the oat market in Egypt.
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This report provides an in-depth analysis of the oat market in Egypt.
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