Price for Cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) in the United Arab Emirates - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $589 per ton in 2022, jumping by 42% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) increased by +114.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 55% against the previous year. Over the period under review, average import prices attained the peak figure at $635 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,727 per ton), while the price for Pakistan ($390 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 (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $871 per ton in 2022, increasing by 29% against the previous year. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 123%. As a result, the export price reached the peak level of $991 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($2,759 per ton), while the average price for exports to Tanzania ($199 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 Tunisia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), which decreased by -23.5% to 260 tons in 2022. Over the period under review, imports saw a precipitous descent.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) expanded markedly to $153K in 2022. Overall, imports continue to indicate a significant contraction.
Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 82.4 | 91.4 | 92.0 | 79.4 | -1.2% |
United States | N/A | N/A | N/A | 36.1 | 0% |
Pakistan | 22.1 | 21.0 | N/A | 20.1 | -3.1% |
Peru | N/A | N/A | N/A | 13.1 | 0% |
Jordan | 59.5 | 178 | 46.5 | N/A | -11.6% |
Turkey | 1,308 | N/A | N/A | N/A | 0% |
Canada | 613 | 61.7 | N/A | N/A | -89.9% |
Others | 3.5 | 5.7 | 2.6 | 4.9 | 11.9% |
Total | 2,088 | 358 | 141 | 153 | -58.2% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to the United Arab Emirates in 2022:
- India (191.5 tons)
- Pakistan (51.5 tons)
- United States (9.7 tons)
- Peru (4.1 tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates
In 2022, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from the United Arab Emirates dropped markedly to 128 tons, which is down by -81.2% on 2021 figures. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 66%.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) declined dramatically to $112K in 2022. Over the period under review, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 12%.
Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 63.9 | 174 | 214 | 81.4 | 8.4% |
Kuwait | N/A | N/A | 0.3 | 18.8 | 6166.7% |
Bahrain | N/A | N/A | N/A | 5.7 | 0% |
Tanzania | N/A | N/A | N/A | 3.3 | 0% |
Iraq | N/A | N/A | N/A | 1.5 | 0% |
Angola | 37.5 | N/A | N/A | 0.2 | -82.5% |
Nigeria | N/A | N/A | 103 | N/A | 0% |
Jordan | N/A | 5.9 | 5.4 | N/A | -8.5% |
Iran | 211 | 221 | 123 | N/A | -23.6% |
Turkey | 278 | N/A | N/A | N/A | 0% |
Others | 1.4 | 8.3 | 14.4 | 0.9 | -13.7% |
Total | 591 | 409 | 460 | 112 | -42.6% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from the United Arab Emirates in 2022:
- Oman (56.8 tons)
- Kuwait (50.3 tons)
- Tanzania (16.4 tons)
- Bahrain (2.1 tons)
- Iraq (2.1 tons)
- Angola (0.5 tons)
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