Price for Cereal Flours; Other than of Wheat or Meslin in Egypt - 2023

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Egypt (FOB) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Egypt (CIF) - 2023
  3. Exports of Cereal Flours; Other than of Wheat or Meslin in Egypt
  4. Imports of Cereal Flours; Other than of Wheat or Meslin in Egypt

Price for Cereal Flours; Other than of Wheat or Meslin in Egypt (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $752 per ton in 2022, growing by 3.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 102% against the previous year. As a result, the export price reached the peak level of $879 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($772 per ton), while the average price for exports to Palestine ($692 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 Libya (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in Egypt (CIF) - 2023

In November 2023, the average import price for cereal flours; other than of wheat or meslin amounted to $1,034 per ton, remaining stable against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 45% against the previous month. As a result, import price attained the peak level of $1,160 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Lithuania ($1,131 per ton), while the price for Turkey stood at $1,024 per ton.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Flours; Other than of Wheat or Meslin in Egypt

In 2022, exports of cereal flours; other than of wheat or meslin from Egypt expanded remarkably to 1.8K tons, rising by 14% on 2021. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 435% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cereal flours; other than of wheat or meslin soared to $1.4M in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 341%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Cereal Flours; Other than of Wheat or Meslin in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan445N/A56493828.2%
Palestine22.1117N/A265128.9%
MadagascarN/AN/A366176-51.9%
SomaliaN/A113N/AN/A0%
Jordan34.013.9N/AN/A-59.1%
Others71.021.1240N/A83.9%
Total5722651,1701,38034.1%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Egypt in 2022:

  1. Sudan (1216.3 tons)
  2. Palestine (383.7 tons)
  3. Madagascar (234.6 tons)

Imports of Cereal Flours; Other than of Wheat or Meslin in Egypt

In 2022, imports of cereal flours; other than of wheat or meslin into Egypt dropped remarkably to 111 tons, waning by -63.8% compared with the previous year's figure. Overall, imports continue to indicate a dramatic contraction. The smallest decline of -26.6% was in 2021.

In value terms, imports of cereal flours; other than of wheat or meslin dropped rapidly to $113K in 2022. In general, imports faced a precipitous descent. The smallest decline of -19.3% was in 2021.

Import of Cereal Flours; Other than of Wheat or Meslin in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France76.847.538.724.2-32.0%
Thailand3.95.75.122.579.4%
Italy17.324.518.016.0-2.6%
LithuaniaN/A12.99.811.9-4.0%
Latvia28.467.855.711.6-25.8%
United Kingdom73.610423.19.8-48.9%
BelgiumN/AN/A20.5N/A0%
Netherlands28827.412.7N/A-79.0%
Turkey13.9N/A14.4N/A1.8%
Others27.379.299.416.7-15.1%
Total529369297113-40.2%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Egypt in 2022:

  1. France (29.6 tons)
  2. Thailand (20.0 tons)
  3. Italy (16.7 tons)
  4. Lithuania (10.6 tons)
  5. Latvia (10.3 tons)
  6. United Kingdom (8.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cereal flours; other than of wheat or meslin - Egypt