Price for Cereals; Grain Sorghum, Seed in Belarus - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Belarus (CIF) - 2022
- Price for Cereals; Grain Sorghum, Seed in Belarus (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Belarus
- Exports of Cereals; Grain Sorghum, Seed in Belarus
Price for Cereals; Grain Sorghum, Seed in Belarus (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $4,904 per ton, growing by 43% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 117%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($30,443 per ton), while the price for Germany ($3,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Seed in Belarus (FOB) - 2022
The average cereals; grain sorghum, seed export price stood at $2,584 per ton in 2020, picking up by 178% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached 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 Russia.
From 2019 to 2020, the rate of growth in terms of prices for Russia amounted to +177.8% per year.
Imports of Cereals; Grain Sorghum, Seed in Belarus
Cereals; grain sorghum, seed imports into Belarus soared to 32 tons in 2022, jumping by 138% against the previous year's figure. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 234%. As a result, imports attained the peak of 172 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; grain sorghum, seed imports surged to $159K in 2022. In general, imports posted strong growth.
| Import of Cereals; Grain Sorghum, Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 22.8 | 148 | 25.6 | 91.7 | 59.0% |
| Moldova | 6.8 | 44.8 | 7.8 | 27.9 | 60.1% |
| Italy | 48.3 | 34.2 | 1.2 | 21.0 | -24.2% |
| Germany | 47.7 | 22.5 | N/A | 17.1 | -29.0% |
| Argentina | N/A | 21.2 | N/A | N/A | 0% |
| Others | 0.2 | 1.3 | 12.1 | 1.5 | 95.7% |
| Total | 126 | 272 | 46.7 | 159 | 8.1% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Belarus in 2022:
- Russia (22.1 tons)
- Moldova (5.2 tons)
- Germany (4.3 tons)
- Italy (0.7 tons)
Exports of Cereals; Grain Sorghum, Seed in Belarus
In 2020, cereals; grain sorghum, seed exports from Belarus skyrocketed to 20 tons, picking up by 100% on 2019 figures. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereals; grain sorghum, seed exports skyrocketed to $52K in 2020. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Seed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Russia | 9.3 | 51.7 | 455.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 9.3 | 51.7 | 455.9% | ||
Top Export Markets for Cereals; Grain Sorghum, Seed from Belarus in 2022:
- Russia (20.0 tons)
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