Price for Cereals; Oats, Other than Seed in Iraq - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Iraq (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Iraq
Price for Cereals; Oats, Other than Seed in Iraq (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $1,810 per ton in 2022, rising by 70% against the previous year. Overall, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 114%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Turkey ($2,170 per ton), while the price for Ukraine ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Iraq
In 2022, cereals; oats, other than seed imports into Iraq surged to 286 tons, jumping by 645% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed imports skyrocketed to $517K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cereals; Oats, Other than Seed in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 9.9 | 35.1 | 34.2 | 513 | 272.8% |
| Ukraine | N/A | 0.3 | 4.2 | 2.9 | 210.9% |
| Turkey | 5.1 | 0.2 | 2.5 | 1.4 | -35.0% |
| Others | 15.3 | N/A | N/A | N/A | 0% |
| Total | 30.3 | 35.6 | 40.9 | 517 | 157.4% |
Top Suppliers of Cereals; Oats, Other than Seed to Iraq in 2022:
- United Arab Emirates (262.7 tons)
- Ukraine (22.5 tons)
- Turkey (0.6 tons)
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This report provides an in-depth analysis of the oat market in Iraq.
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