Broken Rice Price in Ukraine - 2023
Contents:
- Broken Rice Price in Ukraine (CIF) - 2022
- Broken Rice Price in Ukraine (FOB) - 2022
- Broken Rice Imports in Ukraine
- Broken Rice Exports in Ukraine
Broken Rice Price in Ukraine (CIF) - 2022
The average broken rice import price stood at $457 per ton in 2022, with an increase of 34% against the previous year. In general, the import price posted moderate growth. The most prominent rate of growth was recorded in 2013 an increase of 53%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($669 per ton), while the price for Kazakhstan ($437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Broken Rice Price in Ukraine (FOB) - 2022
The average broken rice export price stood at $568 per ton in 2022, growing by 13% against the previous year. In general, the export price recorded a measured increase. The most prominent rate of growth was recorded in 2014 an increase of 46%. Over the period under review, the average export prices reached the maximum at $686 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($697 per ton), while the average price for exports to the Czech Republic ($558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Broken Rice Imports in Ukraine
Broken rice imports into Ukraine fell to 8.6K tons in 2022, declining by -8.4% against the year before. In general, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 27%.
In value terms, broken rice imports soared to $3.9M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Broken Rice in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,703 | 1,655 | 2,382 | 3,405 | 26.0% |
| Pakistan | 558 | 436 | 164 | 333 | -15.8% |
| Myanmar | 97.7 | 133 | N/A | 182 | 23.0% |
| Russia | 324 | N/A | N/A | N/A | 0% |
| India | 159 | N/A | 613 | N/A | 96.4% |
| Others | 32.4 | 9.4 | 43.2 | N/A | 15.5% |
| Total | 2,873 | 2,233 | 3,202 | 3,920 | 10.9% |
Top Suppliers of Broken Rice to Ukraine in 2022:
- Kazakhstan (7.8K tons)
- Pakistan (0.5K tons)
- Myanmar (0.3K tons)
Broken Rice Exports in Ukraine
In 2022, broken rice exports from Ukraine declined sharply to 192 tons, with a decrease of -76.8% compared with 2021 figures. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,960%. As a result, the exports attained the peak of 828 tons, and then shrank significantly in the following year.
In value terms, broken rice exports reduced remarkably to $109K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,386% against the previous year. As a result, the exports reached the peak of $415K, and then declined remarkably in the following year.
| Export of Broken Rice in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | 284 | 97.2 | -65.8% |
| Hungary | N/A | N/A | 33.7 | 6.3 | -81.3% |
| Moldova | 25.2 | 12.2 | 97.6 | 5.5 | -39.8% |
| Others | N/A | 4.5 | 0.4 | N/A | -91.1% |
| Total | 25.2 | 16.7 | 415 | 109 | 62.9% |
Top Export Markets for Broken Rice from Ukraine in 2022:
- Czech Republic (174.0 tons)
- Hungary (10.0 tons)
- Moldova (7.9 tons)
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