Price for Cereals; Oats, Other than Seed in Belarus - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Belarus (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Belarus (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Belarus
- Exports of Cereals; Oats, Other than Seed in Belarus
Price for Cereals; Oats, Other than Seed in Belarus (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $141 per ton in 2022, rising by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2019 an increase of 20%. As a result, import price reached the peak level of $143 per ton. From 2020 to 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 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.8% per year.
Price for Cereals; Oats, Other than Seed in Belarus (FOB) - 2022
The average export price for cereals; oats, other than seeds stood at $233 per ton in 2022, jumping by 33% against the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 186% against the previous year. As a result, the export price reached the peak level of $406 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +11.6% per year.
Imports of Cereals; Oats, Other than Seed in Belarus
In 2022, the amount of cereals; oats, other than seeds imported into Belarus surged to 6.1K tons, increasing by 60% compared with the previous year. In general, imports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 151%.
In value terms, cereals; oats, other than seed imports surged to $863K in 2022. Overall, imports, however, continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 190%.
| Import of Cereals; Oats, Other than Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2,340 | 178 | 517 | 863 | -28.3% |
| Others | 55.7 | 1.5 | 4.6 | N/A | -71.3% |
| Total | 2,396 | 180 | 521 | 863 | -28.9% |
Top Suppliers of Cereals; Oats, Other than Seed to Belarus in 2022:
- Russia (6.1K tons)
Exports of Cereals; Oats, Other than Seed in Belarus
In 2022, shipments abroad of cereals; oats, other than seeds decreased by -14.3% to 235 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 85%.
In value terms, cereals; oats, other than seed exports expanded notably to $55K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +28.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +113.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Cereals; Oats, Other than Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 2.4 | 4.8 | 54.9 | 378.3% |
| Norway | 17.1 | N/A | N/A | N/A | 0% |
| Lithuania | 8.6 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 42.3 | 40.9 | N/A | -3.3% |
| Others | N/A | N/A | 2.4 | N/A | 0% |
| Total | 25.8 | 44.7 | 48.1 | 54.9 | 28.6% |
Top Export Markets for Cereals; Oats, Other than Seed from Belarus in 2022:
- Russia (235.4 tons)
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