Price for Cereals; Oats, Other than Seed in Russia - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Russia (FOB) - 2022
- Price for Cereals; Oats, Other than Seed in Russia (CIF) - 2022
- Exports of Cereals; Oats, Other than Seed in Russia
- Imports of Cereals; Oats, Other than Seed in Russia
Price for Cereals; Oats, Other than Seed in Russia (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $245 per ton, approximately mirroring the previous year. Overall, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, the average export prices hit record highs at $394 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($337 per ton), while the average price for exports to Kazakhstan ($141 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 Turkey (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Oats, Other than Seed in Russia (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $636 per ton in 2022, increasing by 71% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 132% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($932 per ton), while the price for the United Arab Emirates totaled $629 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+51.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cereals; Oats, Other than Seed in Russia
In 2022, the amount of cereals; oats, other than seeds exported from Russia soared to 141K tons, growing by 52% against the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereals; oats, other than seed exports soared to $34M in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Cereals; Oats, Other than Seed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 7.9 | 14.6 | 27.1 | 60.9% |
| Spain | N/A | N/A | N/A | 1.5 | 0% |
| Turkey | N/A | N/A | 1.7 | 1.4 | -17.6% |
| Lithuania | 1.3 | 0.1 | 0.4 | 1.3 | 0.0% |
| Mongolia | 1.6 | 2.6 | 4.9 | 1.0 | -14.5% |
| South Korea | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Georgia | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| Kazakhstan | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Norway | 8.4 | 0.5 | N/A | N/A | -94.0% |
| Others | 3.9 | 2.8 | 0.2 | 0.6 | -46.4% |
| Total | 22.5 | 14.4 | 22.7 | 34.5 | 15.3% |
Top Export Markets for Cereals; Oats, Other than Seed from Russia in 2022:
- China (111.5K tons)
- Mongolia (5.4K tons)
- Spain (5.1K tons)
- Turkey (4.6K tons)
- Lithuania (4.5K tons)
- Georgia (3.0K tons)
- Kazakhstan (2.7K tons)
- South Korea (1.8K tons)
Imports of Cereals; Oats, Other than Seed in Russia
In 2022, overseas purchases of cereals; oats, other than seeds decreased by -38.7% to 56 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 2,008%. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; oats, other than seed imports amounted to $36K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,572%. As a result, imports attained the peak of $308K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Oats, Other than Seed in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 29.5 | 34.6 | 17.3% |
| Canada | N/A | N/A | N/A | 0.9 | 0% |
| Kazakhstan | 11.4 | 180 | N/A | N/A | 1478.9% |
| Belarus | N/A | 121 | 4.3 | N/A | -96.4% |
| Others | 0.1 | 6.1 | 0.2 | 0.2 | 26.0% |
| Total | 11.5 | 308 | 34.1 | 35.7 | 45.9% |
Top Suppliers of Cereals; Oats, Other than Seed to Russia in 2022:
- United Arab Emirates (55.0 tons)
- Canada (1.0 tons)
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