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Belarus - Millet - Market Analysis, Forecast, Size, Trends and Insights
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Belarus: Millet Market Overview 2020

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Millet Market Size in Belarus

The revenue of the millet market in Belarus amounted to $X in 2018, growing by X% against the previous year. Over the period under review, millet consumption continues to indicate a modest increase. The pace of growth appeared the most rapid in 2016 when the market value increased by X% year-to-year. In that year, the millet market attained its peak level of $X. From 2017 to 2018, the growth of the millet market remained at a lower figure.

Millet Production in Belarus

In value terms, millet production amounted to $X in 2018 estimated in export prices. Overall, millet production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, millet production reached its peak level of $X. From 2013 to 2018, millet production growth remained at a lower figure.

In 2018, the average yield of millet in Belarus stood at X tonne per ha, leveling off at the previous year. Overall, the millet yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Millet yield peaked at X tonne per ha in 2012; however, from 2013 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Millet harvested area in Belarus stood at X ha in 2018, surging by X% against the previous year. In general, the total harvested area indicated modest growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, millet harvested area decreased by -X% against 2016 indices. The growth pace was the most rapid in 2016 when harvested area increased by X% against the previous year. In that year, the millet harvested area reached its peak level of X ha. From 2017 to 2018, the growth of the millet harvested area remained at a somewhat lower figure.

Millet Exports

Exports from Belarus

In 2018, approx. X tonnes of millet were exported from Belarus; picking up by X% against the previous year. Over the period under review, millet exports continue to indicate outstanding growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, millet exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, millet exports stood at $X in 2018. In general, millet exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Exports peaked at $X in 2015; afterwards, it flattened through to 2018.

Millet Imports

Imports into Belarus

Millet imports into Belarus totaled X tonnes in 2018, coming down by -X% against the previous year. Over the period under review, millet imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. In that year, millet imports attained their peak of X tonnes. From 2014 to 2018, the growth of millet imports remained at a lower figure.

In value terms, millet imports stood at $X in 2018. Overall, millet imports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. In that year, millet imports reached their peak of $X. From 2014 to 2018, the growth of millet imports remained at a lower figure.

Imports by Country

In 2018, Russia (X tonnes) was the main supplier of millet to Belarus, with a X% share of total imports. It was followed by Poland (X kg), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Russia totaled -X%.

In value terms, Russia ($X) constituted the largest supplier of millet to Belarus, comprising X% of total millet imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Russia stood at -X%.

Import Prices by Country

In 2018, the average millet import price amounted to $X per tonne, jumping by X% against the previous year. Overall, the millet import price continues to indicate strong growth. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Poland ($X per tonne), while the price for Russia stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox AI Platform

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet market in Belarus. 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.


Country coverage:
• Belarus

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belarus
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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