Belarus: Rye Market 2024

Rye Market Size in Belarus

The Belarusian rye market expanded sharply to $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded a slight setback. Rye consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Rye Production in Belarus

In value terms, rye production dropped slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Rye production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of rye in Belarus rose significantly to X tons per ha in 2022, with an increase of X% compared with the previous year. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The rye yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rye were harvested in Belarus; leveling off at the previous year's figure. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to rye production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Rye Exports

Exports from Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of rye, when their volume decreased by X% to X tons. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, rye exports reduced markedly to $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ukraine (X tons), Lithuania (X tons) and Latvia (X tons) were the main destinations of rye exports from Belarus, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Lithuania ($X), Ukraine ($X) and Latvia ($X) were the largest markets for rye exported from Belarus worldwide, with a combined X% share of total exports.

Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average rye export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed a moderate increase. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Ukraine ($X 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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rye Imports

Imports into Belarus

In 2022, the amount of rye imported into Belarus skyrocketed to X tons, picking up by X% on the year before. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, rye imports shrank to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tons), France (X tons) and Germany (X tons) were the main suppliers of rye imports to Belarus, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Germany ($X) and Poland ($X) were the largest rye suppliers to Belarus, together accounting for X% of total imports.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rye import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, showed a strong increase. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then declined notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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