Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan - 2022
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (FOB) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (CIF) - 2022
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $438 per ton in 2022, picking up by 43% against the previous year. Overall, the export price, however, showed a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 134% against the previous year. As a result, the export price reached the peak level of $2,380 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($620 per ton), while the average price for exports to Malaysia ($251 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 Qatar (+2,414.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (CIF) - 2022
In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $599 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 29% against the previous year. The import price peaked at $1,784 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($3,518 per ton), while the price for the United States ($430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan
Exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Pakistan skyrocketed to 198 tons in 2022, picking up by 71% compared with the previous year. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 238%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses surged to $87K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 166%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 11.9 | 23.9 | 20.2 | 56.5 | 68.1% |
| Malaysia | 2.7 | 12.6 | 10.9 | 23.0 | 104.2% |
| Saudi Arabia | 1.2 | 6.8 | 3.6 | 4.6 | 56.5% |
| Others | 0.8 | 0.9 | 0.8 | 2.6 | 48.1% |
| Total | 16.6 | 44.1 | 35.5 | 86.7 | 73.5% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Pakistan in 2022:
- Malaysia (91.6 tons)
- Kuwait (91.1 tons)
- Saudi Arabia (14.7 tons)
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan
In 2022, overseas purchases of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -6.8% to 109 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 41%. As a result, imports attained the peak of 126 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank to $65K in 2022. Over the period under review, imports saw a pronounced curtailment. The smallest decline of -1% was in 2020.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 68.9 | 56.7 | 50.4 | 42.0 | -15.2% |
| United Arab Emirates | 1.1 | 1.8 | 1.0 | 14.3 | 135.1% |
| Malaysia | 4.5 | 13.3 | 15.4 | 7.3 | 17.5% |
| Others | 1.2 | 3.3 | 3.5 | 1.5 | 7.7% |
| Total | 75.8 | 75.0 | 70.3 | 65.2 | -4.9% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Pakistan in 2022:
- United States (97.9 tons)
- United Arab Emirates (8.7 tons)
- Malaysia (2.1 tons)
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