Price for Cereal Grains; Rolled or Flaked, of Oats in Belarus - 2022

Contents:

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

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

The average import price for cereal grains; rolled or flaked, of oatses stood at $766 per ton in 2022, remaining stable against the previous year. In general, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of 34%. The import price peaked at $1,070 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($1,652 per ton), while the price for Russia stood at $694 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $844 per ton, jumping by 50% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 oatses increased by +51.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 58%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($970 per ton), while the average price for exports to Nigeria ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Belarus

In 2022, overseas purchases of cereal grains; rolled or flaked, of oatses were finally on the rise to reach 695 tons after two years of decline. Overall, imports, however, continue to indicate a sharp descent.

In value terms, imports of cereal grains; rolled or flaked, of oatses rose slightly to $532K in 2022. In general, imports, however, continue to indicate a deep contraction.

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

1. Russia (640.1 tons)
2. Finland (48.1 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Belarus

In 2022, shipments abroad of cereal grains; rolled or flaked, of oatses decreased by -92.3% to 108 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 44%.

In value terms, exports of cereal grains; rolled or flaked, of oatses dropped dramatically to $91K in 2022. Overall, exports saw a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports attained the peak of $781K, and then shrank markedly in the following year.

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

1. Ukraine (57.3 tons)
2. Russia (42.1 tons)
3. Nigeria (8.0 tons)

Source: IndexBox Market Intelligence Platform