Cereals; Oats, Seeds Price in Belarus - 2022
Contents:
- Cereals; Oats, Seeds Price in Belarus (CIF) - 2022
- Cereals; Oats, Seeds Price in Belarus (FOB) - 2022
- Cereals; Oats, Seeds Imports in Belarus
- Cereals; Oats, Seeds Exports in Belarus
Cereals; Oats, Seeds Price in Belarus (CIF) - 2022
The average cereals; oats, seeds import price stood at $451 per ton in 2022, almost unchanged from the previous year. Overall, the import price faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 0.5% against the previous year. Over the period under review, average import prices hit record highs at $916 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($912 per ton), while the price for Poland stood at $441 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.2%).
Cereals; Oats, Seeds Price in Belarus (FOB) - 2022
The average cereals; oats, seeds export price stood at $551 per ton in 2022, picking up by 9.3% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 32%. The export price peaked at $1,000 per ton in 2012; however, from 2013 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 -5.8% per year.
Cereals; Oats, Seeds Imports in Belarus
In 2022, overseas purchases of cereals; oats, seedses decreased by -34.4% to 315 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,138% against the previous year.
In value terms, cereals; oats, seeds imports dropped dramatically to $142K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 507% against the previous year.
| Import of Cereals; Oats, Seeds in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 57.9 | 112 | 136 | 53.3% |
| Germany | 10.9 | 9.5 | 4.9 | 6.2 | -17.1% |
| Others | 0.2 | N/A | 99.5 | 0.1 | -20.6% |
| Total | 11.1 | 67.4 | 217 | 142 | 133.9% |
Top Suppliers of Cereals; Oats, Seeds to Belarus in 2022:
- Poland (307.9 tons)
- Germany (6.8 tons)
Cereals; Oats, Seeds Exports in Belarus
In 2022, after three years of growth, there was significant decline in shipments abroad of cereals; oats, seedses, when their volume decreased by -21.4% to 8.3 tons. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 75%. As a result, the exports attained the peak of 11 tons, and then declined markedly in the following year.
In value terms, cereals; oats, seeds exports shrank to $4.5K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 62%.
| Export of Cereals; Oats, Seeds in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.4 | 3.8 | 5.3 | 4.5 | 23.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 3.8 | 5.3 | 4.5 | 23.3% |
Top Export Markets for Cereals; Oats, Seeds from Belarus in 2022:
- Russia (8.3 tons)
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