Broken Rice Price in Belarus - 2022
Contents:
- Broken Rice Price in Belarus (CIF) - 2022
- Broken Rice Price in Belarus (FOB) - 2022
- Broken Rice Imports in Belarus
- Broken Rice Exports in Belarus
Broken Rice Price in Belarus (CIF) - 2022
The average broken rice import price stood at $434 per ton in 2022, reducing by -3.9% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice import price increased by +102.9% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $451 per ton in 2021, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($522 per ton), while the price for Kazakhstan ($310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Belarus (FOB) - 2022
In 2022, the average broken rice export price amounted to $351 per ton, increasing by 3.3% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $756 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -6.7% per year.
Broken Rice Imports in Belarus
In 2022, overseas purchases of broken rice decreased by -29.7% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, broken rice imports reduced sharply to $464K in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports attained the peak of $723K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Broken Rice in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 198 | 548 | 448 | 319 | 17.2% |
| Russia | 298 | 141 | 227 | 136 | -23.0% |
| Kazakhstan | 22.0 | 12.7 | 4.3 | 2.2 | -53.6% |
| Others | 36.5 | 21.2 | 7.9 | 7.3 | -41.5% |
| Total | 554 | 723 | 687 | 464 | -5.7% |
Top Suppliers of Broken Rice to Belarus in 2022:
- India (740.2 tons)
- Russia (309.1 tons)
- Kazakhstan (7.2 tons)
Broken Rice Exports in Belarus
After three years of growth, shipments abroad of broken rice decreased by -24% to 15 tons in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. As a result, the exports attained the peak of 20 tons, and then dropped dramatically in the following year.
In value terms, broken rice exports contracted significantly to $5.3K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports reached the peak of $6.8K, and then shrank rapidly in the following year.
| Export of Broken Rice in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.9 | 3.9 | 6.8 | 5.3 | 22.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.9 | 3.9 | 6.8 | 5.3 | 22.3% |
Top Export Markets for Broken Rice from Belarus in 2022:
- Russia (15.2 tons)
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