Cereals; Millet, Seed Price in Ukraine - 2022

Contents:

  1. Cereals; Millet, Seed Price in Ukraine (CIF) - 2022
  2. Cereals; Millet, Seed Price in Ukraine (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Ukraine
  4. Cereals; Millet, Seed Exports in Ukraine

Cereals; Millet, Seed Price in Ukraine (CIF) - 2022

The average cereals; millet, seed import price stood at $2,720 per ton in 2022, which is down by -23.5% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 398% against the previous year. Over the period under review, average import prices attained the maximum at $3,558 per ton in 2021, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2017 to 2022, the rate of growth in terms of prices for India amounted to -7.8% per year.

Cereals; Millet, Seed Price in Ukraine (FOB) - 2022

The average cereals; millet, seed export price stood at $1,075 per ton in 2022, increasing by 142% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +167.7% per year.

Cereals; Millet, Seed Imports in Ukraine

In 2022, supplies from abroad of cereals; millet, seeds decreased by -65.9% to 15 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 55 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereals; millet, seed imports plummeted to $39 in 2022. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 547%. As a result, imports attained the peak of $194. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cereals; Millet, Seed in Ukraine (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.07.0N/A39.0169.2%
Russia27.018612.0N/A-33.3%
Austria1.01.0N/AN/A0.0%
MauritiusN/AN/A143N/A0%
OthersN/AN/AN/AN/A0%
Total30.019415539.09.1%

Top Suppliers of Cereals; Millet, Seed to Ukraine in 2022:

  1. India (14.0 kg)

Cereals; Millet, Seed Exports in Ukraine

In 2022, after three years of growth, there was significant decline in shipments abroad of cereals; millet, seeds, when their volume decreased by -99.9% to 22 tons. Over the period under review, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 116%. As a result, the exports attained the peak of 16K tons, and then shrank notably in the following year.

In value terms, cereals; millet, seed exports reduced sharply to $24K in 2022. Overall, exports saw a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 144%. As a result, the exports reached the peak of $6.9M, and then declined markedly in the following year.

Export of Cereals; Millet, Seed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/A2.8N/A23.6190.3%
Malaysia45.3210621N/A270.3%
United States8061,5203,012N/A93.3%
South Africa5255731,406N/A63.6%
Australia74.4152208N/A67.2%
Qatar56.28.4247N/A109.6%
Others1273781,443N/A237.1%
Total1,6342,8436,93723.6-75.6%

Top Export Markets for Cereals; Millet, Seed from Ukraine in 2022:

  1. Turkey (22.0 tons)

Source: IndexBox Market Intelligence Platform

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