Brown Rice Price in Belarus - 2022
Contents:
- Brown Rice Price in Belarus (CIF) - 2022
- Brown Rice Price in Belarus (FOB) - 2022
- Brown Rice Imports in Belarus
- Brown Rice Exports in Belarus
Brown Rice Price in Belarus (CIF) - 2022
The average brown rice import price stood at $652 per ton in 2022, with an increase of 2.5% against the previous year. In general, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $1,174 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($3,961 per ton), while the price for Vietnam ($486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+14.6%), while the prices for the other major suppliers experienced a decline.
Brown Rice Price in Belarus (FOB) - 2022
In 2022, the average brown rice export price amounted to $208 per ton, with a decrease of -12.7% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29%. Over the period under review, the average export prices reached the maximum at $922 per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 -12.5% per year.
Brown Rice Imports in Belarus
Brown rice imports into Belarus skyrocketed to 749 tons in 2022, surging by 137% against 2021 figures. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brown rice imports soared to $489K in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Brown Rice in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.0 | 25.9 | 106 | 209 | 196.7% |
| Pakistan | 10.5 | 16.4 | 23.1 | 124 | 127.7% |
| Vietnam | 11.6 | 36.2 | 30.9 | 61.0 | 73.9% |
| Thailand | 16.5 | 17.2 | 16.1 | 35.0 | 28.5% |
| India | 3.2 | 9.4 | 8.1 | 15.9 | 70.6% |
| Iran | 8.5 | 4.0 | 0.1 | 6.8 | -7.2% |
| Others | 18.4 | 22.8 | 17.4 | 36.7 | 25.9% |
| Total | 76.8 | 132 | 202 | 489 | 85.3% |
Top Suppliers of Brown Rice to Belarus in 2022:
- Russia (313.0 tons)
- Pakistan (213.7 tons)
- Vietnam (125.6 tons)
- Thailand (59.2 tons)
- India (14.4 tons)
- Iran (11.7 tons)
Brown Rice Exports in Belarus
In 2022, exports of husked (brown) rice from Belarus amounted to 480 kg, rising by 15% on the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,076%. As a result, the exports reached the peak of 541 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, brown rice exports stood at $100 in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 525%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Brown Rice in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 16.0 | 100 | 100 | 100 | 84.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.0 | 100 | 100 | 100 | 84.2% |
Top Export Markets for Brown Rice from Belarus in 2022:
- Russia (480.0 kg)
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