Brown Rice Price in Ukraine - 2023
Contents:
- Brown Rice Price in Ukraine (CIF) - 2022
- Brown Rice Price in Ukraine (FOB) - 2022
- Brown Rice Imports in Ukraine
- Brown Rice Exports in Ukraine
Brown Rice Price in Ukraine (CIF) - 2022
The average brown rice import price stood at $783 per ton in 2022, growing by 15% against the previous year. Overall, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19%. Over the period under review, average import prices attained the maximum at $928 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Myanmar ($3,010 per ton), while the price for Bulgaria ($766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+94.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Brown Rice Price in Ukraine (FOB) - 2022
In 2022, the average brown rice export price amounted to $1,425 per ton, with a decrease of -13.9% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $2,111 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($2,510 per ton), while the average price for exports to the United States ($1,282 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 France (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Brown Rice Imports in Ukraine
In 2022, imports of husked (brown) rice into Ukraine surged to 4K tons, rising by 511% against the previous year. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, brown rice imports skyrocketed to $3.1M in 2022. In general, imports saw 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 Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 38.2 | 2,791 | 7206.3% |
| Thailand | 228 | 302 | 140 | 122 | -18.8% |
| Bulgaria | N/A | N/A | N/A | 85.5 | 0% |
| India | 2.3 | 1.5 | 3.7 | 74.4 | 218.6% |
| Vietnam | 36.1 | 54.1 | 9.1 | 3.6 | -53.6% |
| Uruguay | 26.3 | 69.1 | 41.3 | N/A | 25.3% |
| Others | 84.8 | 113 | 215 | 65.8 | -8.1% |
| Total | 378 | 539 | 447 | 3,142 | 102.6% |
Top Suppliers of Brown Rice to Ukraine in 2022:
- China (3625.9 tons)
- Thailand (137.3 tons)
- Bulgaria (111.6 tons)
- India (85.3 tons)
- Vietnam (2.2 tons)
Brown Rice Exports in Ukraine
In 2022, after two years of decline, there was significant growth in overseas shipments of husked (brown) rice, when their volume increased by 35% to 1.4 tons. In general, exports, however, continue to indicate a deep contraction.
In value terms, brown rice exports skyrocketed to $2K in 2022. Over the period under review, exports, however, recorded a abrupt contraction.
| Export of Brown Rice in Ukraine (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,984 | 15.0 | 910 | 1,598 | -7.0% |
| Moldova | 574 | 3.0 | 20.0 | 282 | -21.1% |
| France | 158 | N/A | 21.0 | 51.0 | -31.4% |
| Norway | N/A | N/A | 640 | N/A | 0% |
| Cambodia | N/A | 1,613 | N/A | N/A | 0% |
| Angola | N/A | 601 | N/A | N/A | 0% |
| Others | 244 | 16.0 | 116 | 47.0 | -42.2% |
| Total | 2,960 | 2,248 | 1,707 | 1,978 | -12.6% |
Top Export Markets for Brown Rice from Ukraine in 2022:
- United States (1247.0 kg)
- Moldova (112.0 kg)
- France (20.0 kg)
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