Price for Cereal Groats; Meal and Pellets in Ukraine - 2023

Contents:

  1. Price for Cereal Groats; Meal and Pellets in Ukraine (FOB) - 2022
  2. Price for Cereal Groats; Meal and Pellets in Ukraine (CIF) - 2022
  3. Exports of Cereal Groats; Meal and Pellets in Ukraine
  4. Imports of Cereal Groats; Meal and Pellets in Ukraine

Price for Cereal Groats; Meal and Pellets in Ukraine (FOB) - 2022

The average export price for cereal groats; meal and pelletses stood at $477 per ton in 2022, growing by 14% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal groats; meal and pellets export price increased by +64.8% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($800 per ton), while the average price for exports to Poland ($355 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 Gabon (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Groats; Meal and Pellets in Ukraine (CIF) - 2022

The average import price for cereal groats; meal and pelletses stood at $989 per ton in 2022, rising by 76% against the previous year. Over the period under review, the import price saw a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Kazakhstan ($2,209 per ton), while the price for Belarus ($300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Groats; Meal and Pellets in Ukraine

In 2022, after three years of growth, there was significant decline in overseas shipments of cereal groats; meal and pelletses, when their volume decreased by -41.8% to 19K tons. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 31%.

In value terms, cereal groats; meal and pellets exports declined significantly to $8.9M in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 33% against the previous year.

Export of Cereal Groats; Meal and Pellets in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1,2771,9272,1832,44024.1%
CameroonN/A1521,074666109.3%
Israel7271,1251,228627-4.8%
AngolaN/AN/A5785963.1%
Romania14.710.310.6485220.7%
Burkina Faso32.0N/A543422136.3%
GabonN/A11548137480.3%
Netherlands436235215344-7.6%
Algeria2.6N/A302331403.1%
Lithuania83.287.072.732056.7%
Costa Rica8551,5661,106295-29.9%
Palestine386252309291-9.0%
Poland16626712527518.3%
Others4,1385,0615,2621,474-29.1%
Total8,11710,79713,4898,9393.3%

Top Export Markets for Cereal Groats; Meal and Pellets from Ukraine in 2022:

  1. Moldova (6.0K tons)
  2. Angola (1.3K tons)
  3. Cameroon (1.3K tons)
  4. Israel (1.1K tons)
  5. Romania (0.9K tons)
  6. Poland (0.8K tons)
  7. Lithuania (0.8K tons)
  8. Burkina Faso (0.8K tons)
  9. Algeria (0.7K tons)
  10. Gabon (0.7K tons)
  11. Palestine (0.7K tons)
  12. Netherlands (0.5K tons)
  13. Costa Rica (0.4K tons)

Imports of Cereal Groats; Meal and Pellets in Ukraine

In 2022, supplies from abroad of cereal groats; meal and pelletses decreased by -51.2% to 2.1K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports attained the peak of 4.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cereal groats; meal and pellets imports shrank to $2M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.

Import of Cereal Groats; Meal and Pellets in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy25147143568940.0%
Hungary574455760312-18.4%
Belgium65.965.714426458.8%
Turkey558849717259-22.6%
Poland1.56.93.6239442.1%
Kazakhstan73.4N/AN/A15628.6%
BelarusN/A25917447.2-57.3%
Others73.988.613062.0-5.7%
Total1,5982,1962,3632,0288.3%

Top Suppliers of Cereal Groats; Meal and Pellets to Ukraine in 2022:

  1. Italy (702.2 tons)
  2. Turkey (392.0 tons)
  3. Hungary (363.3 tons)
  4. Belarus (157.2 tons)
  5. Poland (155.7 tons)
  6. Belgium (154.1 tons)
  7. Kazakhstan (70.7 tons)

Source: IndexBox Market Intelligence Platform

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