Belarus - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Wheat Groats Price in Belarus - 2022
Contents:
- Non-Wheat Groats Price in Belarus (CIF) - 2022
- Non-Wheat Groats Price in Belarus (FOB) - 2022
- Non-Wheat Groats Imports in Belarus
- Non-Wheat Groats Exports in Belarus
Non-Wheat Groats Price in Belarus (CIF) - 2022
In March 2022, the average non-wheat groats import price amounted to $328 per ton, waning by -29.2% against the previous month. Over the period under review, the import price saw a mild shrinkage. The pace of growth was the most pronounced in October 2021 an increase of 28% m-o-m. The import price peaked at $500 per ton in January 2022; however, from February 2022 to March 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,067 per ton), while the price for Russia totaled $316 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Wheat Groats Price in Belarus (FOB) - 2022
In 2022, the average non-wheat groats export price amounted to $433 per ton, increasing by 27% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-wheat groats export price increased by +93.8% against 2016 indices. The growth pace was the most rapid in 2017 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($448 per ton) and Nigeria ($437 per ton), while the average price for exports to Ukraine ($335 per ton) and Moldova ($417 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Wheat Groats Imports in Belarus
In 2022, non-wheat groats imports into Belarus soared to 9.1K tons, growing by 53% against the previous year's figure. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.7% against 2020 indices.
In value terms, non-wheat groats imports soared to $3.5M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Wheat Groats in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.8 | 2.2 | 1.3 | 2.1 | 5.3% |
Ukraine | 1.2 | 1.2 | 1.1 | 1.4 | 5.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.1 | 3.5 | 2.3 | 3.5 | 4.1% |
Top Suppliers of Non-Wheat Groats to Belarus in 2022:
- Russia (4.7K tons)
- Ukraine (4.4K tons)
Non-Wheat Groats Exports in Belarus
In 2022, after three years of growth, there was significant decline in shipments abroad of groats and meal of cereals (excluding wheat), when their volume decreased by -86.4% to 181 tons. Over the period under review, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, the exports attained the peak of 1.3K tons, and then declined sharply in the following year.
In value terms, non-wheat groats exports shrank significantly to $79K in 2022. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 38%.
Export of Non-Wheat Groats in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 176 | 172 | 392 | 64.6 | -28.4% |
Ukraine | 31.6 | 108 | 0.1 | 7.2 | -38.9% |
Nigeria | 6.3 | 21.2 | 20.5 | 3.4 | -18.6% |
Moldova | 23.0 | 26.4 | 13.7 | 3.3 | -47.6% |
Mali | N/A | 2.2 | 26.2 | N/A | 1090.9% |
Others | 1.4 | 0.2 | 2.0 | N/A | 19.5% |
Total | 238 | 329 | 454 | 78.5 | -30.9% |
Top Export Markets for Non-Wheat Groats from Belarus in 2022:
- Russia (144.3 tons)
- Ukraine (21.5 tons)
- Moldova (7.9 tons)
- Nigeria (7.8 tons)
This report provides an in-depth analysis of the non-wheat groats 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:
- Prodcom 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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