
Belarus - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends and Insights
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Belarus: Market for Wheat and Meslin Flour 2022
Market Size for Wheat and Meslin Flour in Belarus
After four years of decline, the Belarusian wheat and meslin flour market increased by X% to $X in 2021. In general, consumption, however, saw a pronounced descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Production of Wheat and Meslin Flour in Belarus
In value terms, wheat and meslin flour production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.
Exports of Wheat and Meslin Flour
Exports from Belarus
In 2021, the amount of wheat and meslin flour exported from Belarus reduced rapidly to X tons, declining by -X% against the previous year's figure. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, wheat and meslin flour exports reduced remarkably to $X in 2021. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Ukraine (X tons) was the main destination for wheat and meslin flour exports from Belarus, accounting for a X% share of total exports. Moreover, wheat and meslin flour exports to Ukraine exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine stood at +X%.
In value terms, Ukraine ($X) emerged as the key foreign market for wheat and meslin flour exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Ukraine stood at +X%.
Export Prices by Country
The average wheat and meslin flour export price stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-X%).
Imports of Wheat and Meslin Flour
Imports into Belarus
Wheat and meslin flour imports into Belarus expanded markedly to X tons in 2021, picking up by X% on the previous year. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, wheat and meslin flour imports skyrocketed to $X in 2021. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Russia (X tons) was the main supplier of wheat and meslin flour to Belarus, accounting for a X% share of total imports. Moreover, wheat and meslin flour imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +X%.
In value terms, Russia ($X) constituted the largest supplier of wheat and meslin flour to Belarus, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +X%.
Import Prices by Country
In 2021, the average wheat and meslin flour import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Ukraine ($X per ton), while the price for Russia stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+X%).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wheat and meslin flour 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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