Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus - 2022

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (FOB) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (CIF) - 2022
  3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus
  4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $789 per ton, surging by 6.9% against the previous year. Over the period under review, export price indicated tangible growth 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, export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -19.2% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 64% against the previous year. Over the period under review, the average export prices attained the maximum at $977 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,307 per ton), while the average price for exports to Russia totaled $638 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (CIF) - 2022

In March 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $723 per ton, waning by -18.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 an increase of 49% against the previous month. As a result, import price attained the peak level of $964 per ton. From January 2022 to March 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Finland amounted to +0.3% per month.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus

After three years of growth, overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -83.3% to 20 tons in 2022. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports reached the peak of 118 tons, and then reduced remarkably in the following year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank remarkably to $15K in 2022. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 51%.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia37.053.752.69.7-36.0%
China5.18.231.05.73.8%
Others0.42.53.20.1-37.0%
Total42.564.486.815.5-28.6%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Belarus in 2022:

  1. Russia (15.2 tons)
  2. China (4.4 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus

For the third consecutive year, Belarus recorded decline in overseas purchases of cereal grains; rolled or flaked, of cereals excluding barley and oatses, which decreased by -99.2% to 9.9 tons in 2022. Overall, imports faced a significant curtailment. The smallest decline of -0.3% was in 2020.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses fell dramatically to $11K in 2022. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 2.5%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,1061,12588210.2-79.0%
Finland76.571.448.80.6-80.1%
Ukraine16.025.5N/AN/A59.4%
Others34.842.013.10.3-79.5%
Total1,2331,26494411.2-79.1%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Belarus in 2022:

  1. Russia (9.4 tons)
  2. Finland (0.4 tons)

Source: IndexBox Market Intelligence Platform

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