CIS: Brown Rice Market 2020

Brown Rice Exports

Exports in CIS

The exports totaled X tons in 2018, shrinking by -X% against the previous year. Over the period under review, brown rice exports continue to indicate an abrupt setback. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, brown rice exports reached their maximum at X tons in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, brown rice exports amounted to $X in 2018. Over the period under review, brown rice exports continue to indicate a deep decrease. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. The level of exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

Russia was the major exporting country with an export of around X tons, which amounted to X% of total exports. Tajikistan (X tons) ranks second in terms of the total exports with a X% share, followed by Kyrgyzstan (X%) and Kazakhstan (X%).

Russia was also the fastest-growing in terms of the husked (brown) rice exports, with a CAGR of +X% from 2007 to 2018. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. By contrast, Tajikistan (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. Russia (+X p.p.) and Kyrgyzstan (+X p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan and Kazakhstan saw its share reduced by -X% and -X% from 2007 to 2018, respectively.

In value terms, Russia ($X) remains the largest brown rice supplier in CIS, comprising X% of total brown rice exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Russia stood at +X%. In the other countries, the average annual rates were as follows: Kyrgyzstan (+X% per year) and Kazakhstan (-X% per year).

Export Prices by Country

The brown rice export price in CIS stood at $X per ton in 2018, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the export prices for husked (brown) rice attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced mixed trends in the export price figures.

Brown Rice Imports

Imports in CIS

In 2018, the amount of husked (brown) rice imported in CIS totaled X tons, increasing by X% against the previous year. Overall, brown rice imports, however, continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, brown rice imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, brown rice imports amounted to $X in 2018. Over the period under review, brown rice imports, however, continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, brown rice imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Azerbaijan was the largest importer of husked (brown) rice in CIS, with the volume of imports reaching X tons, which was approx. X% of total imports in 2018. Armenia (X tons) occupied the second position in the ranking, followed by Russia (X tons) and Kyrgyzstan (X tons). All these countries together occupied near X% share of total imports. The following importers - Kazakhstan (X tons) and Belarus (X tons) - each resulted at a X% share of total imports.

Imports into Azerbaijan increased at an average annual rate of +X% from 2007 to 2018. At the same time, Belarus (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer in CIS, with a CAGR of +X% from 2007-2018. By contrast, Kazakhstan (-X%), Kyrgyzstan (-X%) and Armenia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Azerbaijan and Russia increased by +X% and +X% percentage points, while Kazakhstan (-X p.p.), Kyrgyzstan (-X p.p.) and Armenia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Azerbaijan ($X) constitutes the largest market for imported husked (brown) rice in CIS, comprising X% of total brown rice imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In Azerbaijan, brown rice imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (-X% per year) and Russia (-X% per year).

Import Prices by Country

The brown rice import price in CIS stood at $X per ton in 2018, approximately equating the previous year. The import price indicated a strong increase from 2007 to 2018: its price 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, brown rice import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The level of import price peaked at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Kyrgyzstan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform