Price for Buckwheat, Millet and Canary Seed; Other Cereals in Egypt - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,011 per ton in 2022, with an increase of 40% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($2,268 per ton), while the price for India ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+42.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $665 per ton, falling by -3.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 45%. As a result, the export price reached the peak level of $966 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($670 per ton) and Belgium ($663 per ton), while the average price for exports to Jordan ($640 per ton) and Libya ($645 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt
Imports of buckwheat, millet and canary seed; other cerealses into Egypt fell markedly to 2.2K tons in 2022, waning by -40.4% against the previous year's figure. Over the period under review, imports recorded a precipitous contraction. The smallest decline of -18.1% was in 2020.
In value terms, imports of buckwheat, millet and canary seed; other cerealses shrank notably to $2.2M in 2022. Overall, imports showed a dramatic slump.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3,853 | 2,928 | 1,873 | 1,847 | -21.7% |
| Argentina | N/A | N/A | 32.2 | 282 | 775.8% |
| Peru | 212 | 120 | 132 | 82.1 | -27.1% |
| United States | 1,324 | 80.9 | 5.1 | 15.8 | -77.1% |
| India | 239 | 180 | 138 | 2.8 | -77.3% |
| Russia | 221 | 14.5 | N/A | N/A | -93.4% |
| Ukraine | 177 | 18.2 | 306 | N/A | 31.5% |
| Others | 48.9 | 150 | 178 | 0.4 | -79.9% |
| Total | 6,075 | 3,492 | 2,664 | 2,230 | -28.4% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Egypt in 2022:
- Canada (1872.9 tons)
- Argentina (285.8 tons)
- Peru (36.2 tons)
- United States (7.5 tons)
- India (4.4 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt
In 2022, approx. 1.4K tons of buckwheat, millet and canary seed; other cerealses were exported from Egypt; reducing by -62.4% compared with 2021. Overall, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses contracted rapidly to $914K in 2022. Over the period under review, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 31%.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 2,483 | 784 | 1,276 | 461 | -43.0% |
| Belgium | N/A | 50.2 | 300 | 328 | 155.6% |
| Netherlands | 12.1 | 16.1 | 60.0 | 76.9 | 85.2% |
| Lebanon | 134 | N/A | 10.5 | N/A | -72.0% |
| Tunisia | 110 | 51.7 | 25.1 | N/A | -52.2% |
| Algeria | N/A | 217 | 180 | N/A | -17.1% |
| Pakistan | 89.5 | N/A | N/A | N/A | 0% |
| Others | 135 | 816 | 674 | 47.9 | -29.2% |
| Total | 2,964 | 1,935 | 2,525 | 914 | -32.4% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Egypt in 2022:
- Libya (713.9 tons)
- Belgium (495.6 tons)
- Netherlands (114.9 tons)
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