Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iraq - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $300 per ton in 2022, rising by 6.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2019 an increase of 66%. As a result, import price attained the peak level of $426 per ton. From 2020 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 Turkey ($291 per ton), while the price for Ukraine ($161 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $225 per ton, almost unchanged from the previous year. In general, the export price recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 when the average export price decreased by -11.9% against the previous year. The export price peaked at $2,132 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uzbekistan.
From 2015 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to -32.9% per year.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq
In 2022, approx. 20K tons of buckwheat, millet and canary seed; other cerealses were imported into Iraq; rising by 29% compared with the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 152%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses surged to $6M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1.8 | 3.3 | 2.7 | 4.5 | 35.7% |
Uzbekistan | 0.8 | 1.6 | 0.9 | 0.7 | -4.4% |
Russia | 0.1 | 0.4 | 0.1 | 0.2 | 26.0% |
Ukraine | 0.1 | 0.3 | 0.3 | 0.1 | 0.0% |
Others | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
Total | 3.2 | 5.9 | 4.4 | 6.0 | 23.3% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Iraq in 2022:
- Turkey (15.4K tons)
- Uzbekistan (2.7K tons)
- Russia (0.8K tons)
- Ukraine (0.6K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by 0% to 24 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of 86%. As a result, the exports reached the peak of 48 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of buckwheat, millet and canary seed; other cerealses amounted to $5.4K in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 64%. As a result, the exports attained the peak of $24K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Buckwheat, Millet and Canary Seed; Other Cereals in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | N/A | 24.0 | N/A | 5.4 | -52.6% |
Turkey | 14.7 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 14.7 | 24.0 | N/A | 5.4 | -28.4% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Iraq in 2022:
- Uzbekistan (24.0 tons)
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