Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iran - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iran (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iran (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Iran
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Iran
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iran (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $731 per ton, increasing by 53% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.1% 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 increased by +94.8% against 2017 indices. As a result, import price reached 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 Turkey ($1,980 per ton), while the price for Uzbekistan ($306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Iran (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $245 per ton, falling by -47.1% against the previous year. Overall, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 297%. The export price peaked at $1,440 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($410 per ton), while the average price for exports to Turkey ($213 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 Bahrain (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Iran
Imports of buckwheat, millet and canary seed; other cerealses into Iran shrank dramatically to 2K tons in 2022, waning by -57.1% against 2021. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 99% against the previous year. As a result, imports attained the peak of 4.8K tons, and then contracted remarkably in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses dropped sharply to $1.5M in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of $2.3M, and then shrank remarkably in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 682 | 395 | 677 | 538 | -7.6% |
| India | N/A | 534 | 1,446 | 536 | 0.2% |
| Uzbekistan | 57.3 | 11.6 | 151 | 194 | 50.2% |
| Turkey | 559 | 422 | N/A | 133 | -38.0% |
| Russia | 764 | N/A | N/A | N/A | 0% |
| Others | 28.5 | 66.4 | 12.1 | 97.0 | 50.4% |
| Total | 2,090 | 1,429 | 2,285 | 1,499 | -10.5% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Iran in 2022:
- India (1018.4 tons)
- Uzbekistan (636.0 tons)
- United Arab Emirates (277.9 tons)
- Turkey (67.0 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Iran
In 2022, shipments abroad of buckwheat, millet and canary seed; other cerealses was finally on the rise to reach 171 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank to $42K in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The smallest decline of -5% was in 2020.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.1 | 0.6 | 0.8 | 31.4 | 64.1% |
| Pakistan | 38.9 | 9.2 | 6.7 | 7.8 | -41.5% |
| Oman | 8.5 | 46.9 | 36.4 | 1.0 | -51.0% |
| Others | 5.6 | 0.3 | 0.6 | 1.6 | -34.1% |
| Total | 60.0 | 57.0 | 44.6 | 41.8 | -11.4% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Iran in 2022:
- Turkey (147.1 tons)
- Pakistan (20.2 tons)
- Oman (2.5 tons)
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