Belarus - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Belarus - 2022
Contents:
- Mustard Seed Price in Belarus (CIF) - 2022
- Mustard Seed Price in Belarus (FOB) - 2022
- Mustard Seed Imports in Belarus
- Mustard Seed Exports in Belarus
Mustard Seed Price in Belarus (CIF) - 2022
In 2022, the average mustard seed import price amounted to $891 per ton, rising by 3.6% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2021 when the average import price increased by 78% against the previous year. Over the period under review, average import prices hit record highs at $1,385 per ton in 2013; however, from 2014 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 Poland ($3,292 per ton), while the price for Russia ($758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.9%), while the prices for the other major suppliers experienced a decline.
Mustard Seed Price in Belarus (FOB) - 2022
The average mustard seed export price stood at $1,247 per ton in 2022, picking up by 48% against the previous year. In general, the export price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 77% against the previous year. The export price peaked at $1,645 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,258 per ton), while the average price for exports to Russia ($1,077 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Mustard Seed Imports in Belarus
In 2022, purchases abroad of mustard seed decreased by -9.1% to 488 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 84%. As a result, imports attained the peak of 781 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, mustard seed imports reduced to $435K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65%.
| Import of Mustard Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 150 | 316 | 377 | 342 | 31.6% |
| Ukraine | 63.6 | 56.0 | 32.4 | 45.2 | -10.8% |
| Poland | 13.5 | 4.7 | 39.5 | 35.8 | 38.4% |
| Others | 2.3 | 1.8 | 13.2 | 12.2 | 74.4% |
| Total | 230 | 378 | 462 | 435 | 23.7% |
Top Suppliers of Mustard Seed to Belarus in 2022:
- Russia (450.9 tons)
- Ukraine (22.1 tons)
- Poland (10.9 tons)
Mustard Seed Exports in Belarus
In 2022, shipments abroad of mustard seed decreased by -62.8% to 59 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 222% against the previous year. As a result, the exports reached the peak of 257 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, mustard seed exports shrank notably to $74K in 2022. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 99%.
| Export of Mustard Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.1 | 1.3 | 126 | 61.9 | 77.3% |
| Hungary | 41.3 | 21.8 | 7.4 | 11.3 | -35.1% |
| Germany | 4.3 | 73.7 | N/A | N/A | 1614.0% |
| Czech Republic | N/A | 25.6 | N/A | N/A | 0% |
| Others | 5.0 | 0.3 | 0.7 | 0.4 | -56.9% |
| Total | 61.7 | 123 | 134 | 73.6 | 6.1% |
Top Export Markets for Mustard Seed from Belarus in 2022:
- Poland (49.2 tons)
- Hungary (9.4 tons)
This report provides an in-depth analysis of the mustard seed market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 292 - Mustard seed
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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7942
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