Price for Buckwheat, Millet and Canary Seed; Other Cereals in Belarus - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (FOB) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (CIF) - 2022
  3. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus
  4. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (FOB) - 2022

The average export price for buckwheat, millet and canary seed; other cerealses stood at $773 per ton in 2022, jumping by 26% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 158% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,438 per ton), while the average price for exports to Poland ($314 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 Poland (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (CIF) - 2022

The average import price for buckwheat, millet and canary seed; other cerealses stood at $966 per ton in March 2022, waning by -2.6% against the previous month. Overall, the import price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in November 2021 an increase of 520% month-to-month. Over the period under review, average import prices reached the peak figure at $4,694 per ton in June 2021; however, from July 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($1,912 per ton), while the price for Russia totaled $901 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus

In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -42% to 1.5K tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 730% against the previous year. As a result, the exports reached the peak of 8.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank rapidly to $1.2M in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 397% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine6993,3571,2561,08615.8%
Poland32.521952.463.024.7%
GermanyN/A63.919.5N/A-69.5%
EstoniaN/A34.273.9N/A116.1%
Others14.531.219110.6-9.9%
Total7463,7041,5921,16015.9%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Belarus in 2022:

  1. Ukraine (1292.5 tons)
  2. Poland (200.4 tons)

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus

In 2022, approx. 744 tons of buckwheat, millet and canary seed; other cerealses were imported into Belarus; which is down by -71% against 2021 figures. Overall, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of 2.6K tons, and then declined remarkably in the following year.

In value terms, imports of buckwheat, millet and canary seed; other cerealses fell dramatically to $796K in 2022. Over the period under review, imports, however, recorded modest growth. The most prominent rate of growth was recorded in 2021 when imports increased by 103%. As a result, imports attained the peak of $1.7M, and then reduced dramatically in the following year.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia711205917459-13.6%
Poland39.4589643322101.4%
Ukraine9.5N/A72.1N/A175.5%
Others7.836.052.514.222.1%
Total7688311,6857961.2%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Belarus in 2022:

  1. Russia (509.2 tons)
  2. Poland (230.2 tons)

Source: IndexBox Market Intelligence Platform

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