Price for Cereals; Rye, Other than Seed in Ukraine - 2023
Contents:
- Price for Cereals; Rye, Other than Seed in Ukraine (FOB) - 2022
- Price for Cereals; Rye, Other than Seed in Ukraine (CIF) - 2022
- Exports of Cereals; Rye, Other than Seed in Ukraine
- Imports of Cereals; Rye, Other than Seed in Ukraine
Price for Cereals; Rye, Other than Seed in Ukraine (FOB) - 2022
The average export price for cereals; rye, other than seeds stood at $216 per ton in 2022, with an increase of 9.1% against the previous year. In general, export price indicated pronounced growth from 2014 to 2022: its price increased at an average annual rate of +4.2% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, other than seed export price increased by +67.9% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($228 per ton), while the average price for exports to Poland ($207 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Ukraine (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $200 per ton, waning by -16.3% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; rye, other than seed import price increased by +92.4% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 62%. As a result, import price attained the peak level of $240 per ton, and then plummeted in the following year.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +4.5% per year.
Exports of Cereals; Rye, Other than Seed in Ukraine
Cereals; rye, other than seed exports from Ukraine fell significantly to 53K tons in 2022, which is down by -50.2% on the previous year. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,208% against the previous year. As a result, the exports attained the peak of 106K tons, and then dropped rapidly in the following year.
In value terms, cereals; rye, other than seed exports contracted sharply to $11M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 3,943% against the previous year. As a result, the exports reached the peak of $21M, and then contracted significantly in the following year.
| Export of Cereals; Rye, Other than Seed in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.1 | N/A | 0.1 | 5.8 | 287.1% |
| Poland | 0.2 | 0.2 | 3.4 | 3.3 | 154.6% |
| Turkey | N/A | N/A | 2.6 | 2.0 | -23.1% |
| Latvia | 0.3 | 0.1 | 1.3 | N/A | 108.2% |
| Lithuania | 0.5 | 0.1 | 1.4 | N/A | 67.3% |
| Bangladesh | 0.3 | 0.1 | 0.7 | N/A | 52.8% |
| Others | 0.4 | N/A | 11.3 | 0.2 | -20.6% |
| Total | 1.8 | 0.5 | 20.9 | 11.3 | 84.5% |
Top Export Markets for Cereals; Rye, Other than Seed from Ukraine in 2022:
- Spain (26.8K tons)
- Poland (16.0K tons)
- Turkey (9.0K tons)
Imports of Cereals; Rye, Other than Seed in Ukraine
In 2022, the amount of cereals; rye, other than seeds imported into Ukraine declined markedly to 30 tons, waning by -65.4% compared with the year before. Overall, imports showed a sharp setback. The smallest decline of -51.6% was in 2020.
In value terms, cereals; rye, other than seed imports reduced rapidly to $6K in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -65.3% was in 2020.
| Import of Cereals; Rye, Other than Seed in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 27.3 | 41.2 | 8.1 | 6.0 | -39.7% |
| Russia | 109 | 64.6 | 9.1 | N/A | -71.1% |
| Estonia | 219 | N/A | N/A | N/A | 0% |
| Belarus | N/A | 52.8 | N/A | N/A | 0% |
| Others | 222 | 41.5 | 3.5 | N/A | -87.4% |
| Total | 577 | 200 | 20.7 | 6.0 | -78.2% |
Top Suppliers of Cereals; Rye, Other than Seed to Ukraine in 2022:
- Poland (29.9 tons)
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