Russian Federation - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Russian Federation - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wheat and Meslin Flour in Russia - 2022

Contents:

  1. Price for Wheat and Meslin Flour in Russia (FOB) - 2022
  2. Price for Wheat and Meslin Flour in Russia (CIF) - 2022
  3. Exports of Wheat and Meslin Flour in Russia
  4. Imports of Wheat and Meslin Flour in Russia

Price for Wheat and Meslin Flour in Russia (FOB) - 2022

The average wheat and meslin flour export price stood at $383 per ton in January 2022, growing by 17% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2021 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices reached the peak figure in January 2022.

There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Iraq ($1,123 per ton), while the average price for exports to Armenia ($267 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wheat and Meslin Flour in Russia (CIF) - 2022

The average wheat and meslin flour import price stood at $445 per ton in January 2022, growing by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in February 2021 when the average import price increased by 17% m-o-m. Over the period under review, average import prices reached the peak figure at $451 per ton in August 2021; however, from September 2021 to January 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the UK ($982 per ton), while the price for Ukraine ($234 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wheat and Meslin Flour in Russia

In 2022, exports of wheat and meslin flour from Russia contracted modestly to 253K tons, reducing by -2.5% on the previous year's figure. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.3%.

In value terms, wheat and meslin flour exports shrank to $82M in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 12%.

Export of Wheat and Meslin Flour in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq1.11.24.822.4173.1%
Georgia3.13.112.719.083.0%
AfghanistanN/A2.411.013.8139.8%
Armenia5.75.96.84.4-8.3%
Belarus12.46.88.83.8-32.6%
Azerbaijan1.01.21.63.653.3%
Turkmenistan0.32.13.83.5126.8%
China46.933.15.32.3-63.4%
Kazakhstan1.44.03.92.114.5%
Moldova0.51.22.31.956.0%
Hong Kong SAR6.02.1N/AN/A-65.0%
Democratic People's Republic of Korea3.52.3N/AN/A-34.3%
Others20.411.725.04.9-37.8%
Total10277.086.181.6-7.2%

Top Export Markets for Wheat and Meslin Flour from Russia in 2022:

  1. Iraq (74.5K tons)
  2. Georgia (59.5K tons)
  3. Afghanistan (44.3K tons)
  4. Armenia (15.4K tons)
  5. Belarus (11.4K tons)
  6. Azerbaijan (10.1K tons)
  7. Turkmenistan (9.6K tons)
  8. China (5.7K tons)
  9. Moldova (5.6K tons)
  10. Kazakhstan (5.5K tons)

Imports of Wheat and Meslin Flour in Russia

In 2022, the amount of wheat and meslin flour imported into Russia reduced to 45K tons, with a decrease of -7.7% compared with 2021. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.

In value terms, wheat and meslin flour imports reduced to $17M in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year.

Import of Wheat and Meslin Flour in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan15.47.87.98.0-19.6%
Italy2.93.04.34.515.8%
UkraineN/A0.33.42.0158.2%
United Kingdom0.50.30.41.026.0%
France0.50.50.70.66.3%
Finland0.60.90.60.4-12.6%
Belarus0.91.60.70.1-51.9%
Others0.40.60.4N/A0.0%
Total21.214.918.416.7-7.6%

Top Suppliers of Wheat and Meslin Flour to Russia in 2022:

  1. Kazakhstan (24.5K tons)
  2. Ukraine (10.4K tons)
  3. Italy (6.5K tons)
  4. United Kingdom (1.2K tons)
  5. France (1.1K tons)
  6. Finland (0.8K tons)
  7. Belarus (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wheat and meslin flour in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 16 - Flour of Wheat

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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