Price for Cereals; Maize (Corn), Seed in the United Arab Emirates - 2021
Contents:
- Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (CIF) - 2022
- Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (FOB) - 2022
- Imports of Cereals; Maize (Corn), Seed in the United Arab Emirates
- Exports of Cereals; Maize (Corn), Seed in the United Arab Emirates
Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (CIF) - 2022
The average cereals; maize (corn), seed import price stood at $524 per ton in 2022, with a decrease of -4.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2015 when the average import price increased by 100%. As a result, import price reached the peak level of $2,541 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
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 Egypt ($2,292 per ton), while the price for Pakistan ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Seed in the United Arab Emirates (FOB) - 2022
In 2022, the average cereals; maize (corn), seed export price amounted to $1,930 per ton, increasing by 7.4% against the previous year. Over the period under review, export price indicated a pronounced expansion 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, cereals; maize (corn), seed export price increased by +11.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 47%. As a result, the export price reached the peak level of $2,943 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($1,983 per ton), while the average price for exports to Tanzania ($1,425 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 Iran (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Seed in the United Arab Emirates
In 2022, imports of cereals; maize (corn), seeds into the United Arab Emirates shrank to 418 tons, waning by -15% against 2021 figures. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year.
In value terms, cereals; maize (corn), seed imports reduced remarkably to $219K in 2022. Overall, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 60%.
| Import of Cereals; Maize (Corn), Seed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 46.4 | 23.7 | 202 | 164 | 52.3% |
| India | 7.3 | 99.0 | 17.9 | 29.7 | 59.6% |
| Egypt | 20.2 | 14.3 | 31.7 | 25.7 | 8.4% |
| South Africa | 803 | N/A | N/A | N/A | 0% |
| Others | 101 | 31.5 | 18.0 | N/A | -57.8% |
| Total | 978 | 169 | 270 | 219 | -39.3% |
Top Suppliers of Cereals; Maize (Corn), Seed to the United Arab Emirates in 2022:
- Pakistan (382.8 tons)
- India (24.1 tons)
- Egypt (11.2 tons)
Exports of Cereals; Maize (Corn), Seed in the United Arab Emirates
In 2022, overseas shipments of cereals; maize (corn), seeds increased by 3.8% to 346 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt shrinkage.
In value terms, cereals; maize (corn), seed exports rose markedly to $668K in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
| Export of Cereals; Maize (Corn), Seed in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 782 | 0.1 | 81.0 | 402 | -19.9% |
| Oman | 97.8 | 205 | 387 | 203 | 27.6% |
| Tanzania | 0.6 | 1.3 | 59.1 | 30.4 | 270.0% |
| Nigeria | N/A | 512 | N/A | N/A | 0% |
| Others | 26.1 | 18.7 | 72.1 | 33.3 | 8.5% |
| Total | 906 | 737 | 599 | 668 | -9.7% |
Top Export Markets for Cereals; Maize (Corn), Seed from the United Arab Emirates in 2022:
- Seychelles (202.6 tons)
- Oman (113.6 tons)
- Tanzania (21.3 tons)
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