Price for Cereals; Rye, Other than Seed in Belarus - 2022
Contents:
- Price for Cereals; Rye, Other than Seed in Belarus (FOB) - 2022
- Price for Cereals; Rye, Other than Seed in Belarus (CIF) - 2022
- Exports of Cereals; Rye, Other than Seed in Belarus
- Imports of Cereals; Rye, Other than Seed in Belarus
Price for Cereals; Rye, Other than Seed in Belarus (FOB) - 2022
The average export price for cereals; rye, other than seeds stood at $193 per ton in 2022, growing by 31% against the previous year. Over the period under review, the export price, however, saw a slight decrease. Over the period under review, the average export prices reached the peak figure at $215 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($266 per ton), while the average price for exports to Lithuania stood at $140 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Rye, Other than Seed in Belarus (CIF) - 2022
In 2022, the average import price for cereals; rye, other than seeds amounted to $107 per ton, picking up by 17% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2019 an increase of 67% against the previous year. The import price peaked at $242 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 -4.0% per year.
Exports of Cereals; Rye, Other than Seed in Belarus
After two years of growth, overseas shipments of cereals; rye, other than seeds decreased by -73.3% to 5.6K tons in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,520%. As a result, the exports attained the peak of 21K tons, and then fell rapidly in the following year.
In value terms, cereals; rye, other than seed exports dropped significantly to $1.1M in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,653%. As a result, the exports attained the peak of $3.1M, and then reduced dramatically in the following year.
| Export of Cereals; Rye, Other than Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Lithuania | N/A | 892 | 500 | -43.9% | |
| Latvia | N/A | 481 | 50.2 | -89.6% | |
| Poland | N/A | 165 | N/A | 0% | |
| Ukraine | 108 | N/A | N/A | 0% | |
| Others | 3.1 | 1,534 | 528 | 1205.1% | |
| Total | 112 | 3,073 | 1,078 | 210.2% | |
Top Export Markets for Cereals; Rye, Other than Seed from Belarus in 2022:
- Lithuania (3.6K tons)
- Latvia (0.2K tons)
Imports of Cereals; Rye, Other than Seed in Belarus
Cereals; rye, other than seed imports into Belarus fell dramatically to 75 tons in 2022, dropping by -84.5% against 2021. In general, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 335%. As a result, imports reached the peak of 482 tons, and then reduced remarkably in the following year.
In value terms, cereals; rye, other than seed imports contracted sharply to $8K in 2022. Over the period under review, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 177% against the previous year.
| Import of Cereals; Rye, Other than Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 52.4 | 11.2 | 14.0 | 7.2 | -48.4% |
| Poland | N/A | N/A | 29.2 | N/A | 0% |
| Others | 2.7 | 4.7 | 0.9 | 0.8 | -33.3% |
| Total | 55.1 | 15.9 | 44.1 | 8.0 | -47.4% |
Top Suppliers of Cereals; Rye, Other than Seed to Belarus in 2022:
- Russia (73.7 tons)
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