Price for Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $498 per ton in 2022, surging by 20% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 buckwheat, millet and canary seed; other cerealses decreased by -14.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 47% against the previous year. As a result, import price reached the peak level of $580 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 the United States ($2,225 per ton), while the price for Pakistan ($288 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 (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $448 per ton in 2022, growing by 66% against the previous year. Over the period under review, the export price saw a noticeable increase. The growth pace was the most rapid in 2016 an increase of 100%. As a result, the export price reached the peak level of $1,331 per ton. From 2017 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 India ($857 per ton), while the average price for exports to Iran ($150 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 Pakistan (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates
In 2022, imports of buckwheat, millet and canary seed; other cerealses into the United Arab Emirates shrank notably to 24K tons, reducing by -18.3% compared with the previous year. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 29K tons, and then declined markedly in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses fell slightly to $12M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.2 | 3.6 | 7.7 | 7.6 | 21.9% |
| Peru | 1.5 | 1.4 | 1.1 | 1.9 | 8.2% |
| United States | 1.5 | 1.9 | 1.7 | 0.6 | -26.3% |
| Russia | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Pakistan | 1.3 | 1.3 | N/A | 0.3 | -38.7% |
| Canada | 1.4 | 0.4 | 0.1 | 0.2 | -47.7% |
| Ukraine | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Others | 2.1 | 1.8 | 1.3 | 0.8 | -27.5% |
| Total | 12.2 | 10.9 | 12.2 | 12.0 | -0.5% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to the United Arab Emirates in 2022:
- India (19.9K tons)
- Pakistan (1.0K tons)
- Russia (1.0K tons)
- Peru (0.9K tons)
- Ukraine (0.3K tons)
- United States (0.3K tons)
- Canada (0.2K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates
After three years of growth, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -58.8% to 9.6K tons in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 282% against the previous year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses reduced dramatically to $4.3M in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 187%. As a result, the exports reached the peak of $7.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1,118 | 2,747 | 2,938 | 1,508 | 10.5% |
| Iran | 803 | 903 | 214 | 538 | -12.5% |
| India | N/A | N/A | N/A | 136 | 0% |
| Pakistan | 0.1 | N/A | N/A | 125 | 977.2% |
| Uganda | 0.1 | 6.4 | 1.3 | 124 | 974.3% |
| Kenya | N/A | N/A | 1.7 | 113 | 6547.1% |
| Libya | N/A | N/A | N/A | 104 | 0% |
| Bahrain | 22.1 | 30.9 | 21.9 | 86.9 | 57.8% |
| Congo | 39.8 | 24.9 | 5.7 | 83.3 | 27.9% |
| Tanzania | 7.1 | 14.3 | 8.0 | 76.0 | 120.4% |
| Ethiopia | N/A | 2,969 | 2,565 | 3.2 | -96.7% |
| Others | 733 | 1,132 | 527 | 1,407 | 24.3% |
| Total | 2,723 | 7,827 | 6,282 | 4,305 | 16.5% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from the United Arab Emirates in 2022:
- Oman (3631.2 tons)
- Iran (3595.5 tons)
- Pakistan (384.6 tons)
- Tanzania (256.1 tons)
- Libya (250.8 tons)
- Bahrain (248.3 tons)
- Uganda (233.6 tons)
- Kenya (213.3 tons)
- Congo (175.0 tons)
- India (159.2 tons)
- Ethiopia (11.0 tons)
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