Russian Federation - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Russia - 2022
Contents:
- Mustard Seed Price in Russia (FOB) - 2022
- Mustard Seed Price in Russia (CIF) - 2022
- Mustard Seed Exports in Russia
- Mustard Seed Imports in Russia
Mustard Seed Price in Russia (FOB) - 2022
The average mustard seed export price stood at $993 per ton in January 2022, growing by 2.1% against the previous month. Over the period under review, export price indicated a resilient increase from January 2021 to January 2022: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, mustard seed export price increased by +83.0% against January 2021 indices. The pace of growth appeared the most rapid in December 2021 when the average export price increased by 26% against the previous month. The export price peaked in January 2022.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was the Czech Republic ($1,401 per ton), while the average price for exports to Moldova ($595 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mustard Seed Price in Russia (CIF) - 2022
The average mustard seed import price stood at $651 per ton in 2022, which is down by -20.1% against the previous year. In general, the import price saw a deep slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 89% against the previous year. Over the period under review, average import prices reached the maximum at $1,431 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($653 per ton), while the price for India stood at $510 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+14.5%), while the prices for the other major suppliers experienced a decline.
Mustard Seed Exports in Russia
After three years of growth, overseas shipments of mustard seed decreased by -69.8% to 30K tons in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year.
In value terms, mustard seed exports reduced sharply to $24M in 2022. Overall, exports, however, posted a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of 81%. As a result, the exports reached the peak of $71M, and then declined dramatically in the following year.
| Export of Mustard Seed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.2 | 9.9 | 17.7 | 18.2 | 25.5% |
| Poland | 7.3 | 10.9 | 11.1 | 3.0 | -25.7% |
| Czech Republic | 0.2 | 0.7 | 0.4 | 0.7 | 51.8% |
| Austria | 0.1 | 0.2 | 0.5 | 0.7 | 91.3% |
| Ukraine | 0.3 | 1.0 | 1.2 | 0.5 | 18.6% |
| Moldova | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Bangladesh | 3.3 | 7.2 | 24.0 | N/A | 169.7% |
| Mongolia | 0.7 | 4.8 | 1.5 | N/A | 46.4% |
| Nepal | N/A | 1.3 | 5.9 | N/A | 353.8% |
| Others | 1.5 | 3.0 | 8.7 | 0.6 | -26.3% |
| Total | 23.1 | 39.5 | 71.4 | 24.0 | 1.3% |
Top Export Markets for Mustard Seed from Russia in 2022:
- Germany (21.3K tons)
- Poland (3.7K tons)
- Austria (2.2K tons)
- Czech Republic (0.9K tons)
- Ukraine (0.7K tons)
- Moldova (0.5K tons)
Mustard Seed Imports in Russia
For the third year in a row, Russia recorded decline in overseas purchases of mustard seed, which decreased by -82.9% to 239 tons in 2022. In general, imports continue to indicate a sharp descent. The smallest decline of -22.9% was in 2020.
In value terms, mustard seed imports declined significantly to $156K in 2022. Overall, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $1.1M, and then reduced markedly in the following year.
| Import of Mustard Seed in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 862 | 609 | 718 | 146 | -44.7% |
| India | 57.3 | 102 | 79.5 | 7.8 | -48.6% |
| Kazakhstan | 74.5 | 63.3 | 22.9 | N/A | -44.6% |
| Others | 132 | 189 | 321 | 2.0 | -75.3% |
| Total | 1,125 | 963 | 1,142 | 156 | -48.2% |
Top Suppliers of Mustard Seed to Russia in 2022:
- Ukraine (223.6 tons)
- India (15.4 tons)
This report provides an in-depth analysis of the mustard seed market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 292 - Mustard seed
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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