Price Watch

April 2022 Global Price Watch

April 2022

IPC v3.0 Acute Food Insecurity Phase

1: Minimal
2: Stressed
3: Crisis
4: Emergency
5: Famine
Would likely be at least one phase worse without current or programmed humanitarian assistance
FEWS NET classification is IPC-compatible. IPC-compatible analysis follows key IPC protocols but does not necessarily reflect the consensus of national food security partners.

IPC v3.0 Acute Food Insecurity Phase

1: Minimal
2: Stressed
3+: Crisis or higher
Would likely be at least one phase worse without
current or programmed humanitarian assistance
FEWS NET classification is IPC-compatible. IPC-compatible analysis follows key IPC protocols but does not necessarily reflect the consensus of national food security partners.
FEWS NET Remote Monitoring countries use a colored outline to represent the highest IPC classification in areas of concern.

IPC v3.0 Acute Food Insecurity Phase

Presence countries:
1: Minimal
2: Stressed
3: Crisis
4: Emergency
5: Famine
Remote monitoring
countries:
1: Minimal
2: Stressed
3+: Crisis or higher
Would likely be at least one phase worse without
current or programmed humanitarian assistance
FEWS NET Remote Monitoring countries use a colored outline to represent the highest IPC classification in areas of concern.

Key Messages

  • In West Africa, staple commodity prices increased and remained significantly above last year and the five-year averages. Reduced production and insecurity-related disruptions in the Sahel, strong export demand in coastal countries, cross-border trade restrictions across the region, lingering COVID-19 impacts, higher international prices, surging transport costs, and depreciation of currencies were the main driving factors behind these atypically high price levels. (Page 3)

  • In East Africa, price trends were mixed, increasing in Uganda, Sudan, and parts of Ethiopia due to tightening stocks from below-average production and insecurity, which negatively affected market functionality. Prices for both staple foods and livestock remained significantly above last year and the five-year averages, particularly for for Sudan, southern Somalia, and Southern Ethiopia due to below-average production, high international wheat and flour prices, high transportation costs, local currency depreciation, and inflation. Livestock prices remained stable but elevated in many markets due to high input costs. (Page 4)

  • In Southern Africa, staple commodity prices increased seasonally across most markets. The impacts of surging global food and fuel prices put upward pressure on prices, while the relaxation of COVID-19 restrictions eased constraints on supply. Below-average rainfall was recorded across most of the region. Currency depreciation continued also across much of the region. (Page 5)

  • In Central America, markets were adequately supplied and operated normally. Maize prices increased seasonally whereas beans and rice prices were stable. In Haiti, markets were well-supplied and operated normally except in Port-au-Prince due to civil insecurity. Local and imported products increased due to seasonality and local currency depreciation.  (Page 6)  

  • In Central Asia, food prices remained stable in March, while Yemen experienced price increases due to disrupted trade with Russia and Ukraine. Wheat trade across the region, notably in Kazakhstan, was impacted by a Russian export ban on all cereals, anticipating a shortage in downstream markets. Currency trends across the region were divergent. In Yemen, the price of diesel spiked while markets shift to alternative sources of food imports. (Page 7)

  • International staple food markets are well supplied. Maize and wheat prices increased due to geopolitical tensions and higher freight and fuel costs. (Figure 2). Government efforts to mitigate these risks will be essential to monitor. (Page 2)

About Price Watch

Price Watch offers a monthly summary and outlook on global, regional and national trends of key commodity prices in FEWS NET countries. Analysis may touch on global issues, such as fuel prices or exchange rates, if they are likely to influence staple food prices in FEWS NET countries. The accompanying Price Watch Annex details price trends by country.

About FEWS NET

The Famine Early Warning Systems Network is a leading provider of early warning and analysis on food insecurity. Created by USAID in 1985 to help decision-makers plan for humanitarian crises, FEWS NET provides evidence-based analysis on approximately 30 countries. Implementing team members include NASA, NOAA, USDA, USGS, and CHC-UCSB, along with Chemonics International Inc. and Kimetrica.
Learn more About Us.

Link to United States Agency for International Development (USAID)Link to the United States Geological Survey's (USGS) FEWS NET Data PortalLink to U.S. Department of Agriculture (USDA)
Link to National Aeronautics and Space Administration's (NASA) Earth ObservatoryLink to the National Oceanic and Atmospheric Administration's (NOAA) National Weather Service, Climage Prediction CenterLink to the Climate Hazards Center - UC Santa BarbaraLink to KimetricaLink to Chemonics