Flakes; of Potatoes Price in Russia - 2022

Contents:

1. Flakes; of Potatoes Price in Russia (CIF) - 2022
2. Flakes; of Potatoes Price in Russia (FOB) - 2022
3. Flakes; of Potatoes Imports in Russia
4. Flakes; of Potatoes Exports in Russia

Flakes; of Potatoes Price in Russia (CIF) - 2022

The average flakes; of potatoes import price stood at $1,489 per ton in January 2022, approximately equating the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in May 2021 an increase of 16% against the previous month. Over the period under review, average import prices reached the peak figure in January 2022.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Belarus ($1,831 per ton), while the price for Belgium ($1,215 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Russia (FOB) - 2022

In January 2022, the average flakes; of potatoes export price amounted to $1,722 per ton, surging by 5% against the previous month. Overall, export price indicated a perceptible expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, flakes; of potatoes export price decreased by -1.9% against October 2021 indices. The most prominent rate of growth was recorded in October 2021 an increase of 41% m-o-m. As a result, the export price attained the peak level of $1,756 per ton. From November 2021 to January 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($2,630 per ton), while the average price for exports to Israel ($1,181 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Flakes; of Potatoes Imports in Russia

In 2022, the amount of flakes; of potatoeses imported into Russia dropped markedly to 8.3K tons, which is down by -27.2% compared with the year before. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 119%. As a result, imports reached the peak of 11K tons, and then declined significantly in the following year.

In value terms, flakes; of potatoes imports dropped markedly to $11M in 2022. In general, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 129% against the previous year. As a result, imports attained the peak of $16M, and then reduced dramatically in the following year.

Top Suppliers of Flakes; of Potatoes to Russia in 2022:

1. Germany (3.6K tons)
2. Netherlands (2.1K tons)
3. Belarus (1.4K tons)
4. United Kingdom (0.6K tons)
5. Denmark (0.2K tons)
6. Belgium (0.2K tons)

Flakes; of Potatoes Exports in Russia

In 2022, shipments abroad of flakes; of potatoeses was finally on the rise to reach 5.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep setback.

In value terms, flakes; of potatoes exports surged to $6.3M in 2022. Overall, exports, however, faced a abrupt shrinkage.

Top Export Markets for Flakes; of Potatoes from Russia in 2022:

1. Belarus (undefinedK tons)
2. Israel (3.3K tons)
3. Ukraine (1.4K tons)
4. Kazakhstan (0.7K tons)
5. Moldova (0.3K tons)

Source: IndexBox Market Intelligence Platform