Price for Cereal Groats; Meal and Pellets in Russia - 2022

Contents:

  1. Price for Cereal Groats; Meal and Pellets in Russia (FOB) - 2022
  2. Price for Cereal Groats; Meal and Pellets in Russia (CIF) - 2022
  3. Exports of Cereal Groats; Meal and Pellets in Russia
  4. Imports of Cereal Groats; Meal and Pellets in Russia

Price for Cereal Groats; Meal and Pellets in Russia (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $475 per ton in January 2022, reducing by -6.1% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 an increase of 16% m-o-m. Over the period under review, the average export prices hit record highs at $557 per ton in November 2021; however, from December 2021 to January 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Armenia ($826 per ton), while the average price for exports to Tajikistan ($306 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 Mongolia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Russia (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $468 per ton in January 2022, declining by -16.5% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in March 2021 when the average import price increased by 26% month-to-month. The import price peaked at $560 per ton in December 2021, and then fell significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,133 per ton), while the price for Ukraine ($226 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Groats; Meal and Pellets in Russia

After two years of decline, shipments abroad of cereal groats; meal and pelletses increased by 1.7% to 37K tons in 2022. In general, exports, however, recorded a noticeable descent.

In value terms, cereal groats; meal and pellets exports shrank slightly to $18M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3.5% against the previous year. As a result, the exports reached the peak of $18M, and then shrank slightly in the following year.

Export of Cereal Groats; Meal and Pellets in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus4.33.73.24.73.0%
Kazakhstan3.32.93.73.30.0%
Ukraine1.72.52.92.818.1%
Kyrgyzstan0.30.50.71.778.3%
Uzbekistan1.51.41.81.74.3%
Azerbaijan0.70.90.70.84.6%
Tajikistan0.10.20.20.571.0%
Armenia0.60.90.80.4-12.6%
Mongolia1.71.00.70.2-51.0%
Others4.33.93.92.2-20.0%
Total18.517.918.518.2-0.5%

Top Export Markets for Cereal Groats; Meal and Pellets from Russia in 2022:

  1. Belarus (10.8K tons)
  2. Kazakhstan (7.2K tons)
  3. Kyrgyzstan (4.4K tons)
  4. Ukraine (4.3K tons)
  5. Uzbekistan (3.1K tons)
  6. Azerbaijan (1.7K tons)
  7. Tajikistan (1.5K tons)
  8. Armenia (0.5K tons)
  9. Mongolia (0.3K tons)

Imports of Cereal Groats; Meal and Pellets in Russia

In 2022, supplies from abroad of cereal groats; meal and pelletses decreased by -32.6% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 189%. As a result, imports reached the peak of 19K tons, and then shrank markedly in the following year.

In value terms, cereal groats; meal and pellets imports fell notably to $6.1M in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, imports reached the peak of $9M, and then declined markedly in the following year.

Import of Cereal Groats; Meal and Pellets in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.31.66.13.6128.9%
Ukraine0.20.41.31.176.5%
Italy0.50.50.70.50.0%
Belarus0.20.20.20.20.0%
Others0.90.50.70.6-12.6%
Total2.13.19.06.142.7%

Top Suppliers of Cereal Groats; Meal and Pellets to Russia in 2022:

  1. Kazakhstan (6.6K tons)
  2. Ukraine (5.0K tons)
  3. Belarus (0.5K tons)
  4. Italy (0.5K tons)

Source: IndexBox Market Intelligence Platform

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