Price for Cereals; Rye, Other than Seed in Russia - 2022
Contents:
- Price for Cereals; Rye, Other than Seed in Russia (FOB) - 2022
- Price for Cereals; Rye, Other than Seed in Russia (CIF) - 2022
- Exports of Cereals; Rye, Other than Seed in Russia
- Imports of Cereals; Rye, Other than Seed in Russia
Price for Cereals; Rye, Other than Seed in Russia (FOB) - 2022
The average export price for cereals; rye, other than seeds stood at $186 per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, recorded a slight downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum at $246 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($187 per ton), while the average price for exports to Latvia stood at $184 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.9%), while the prices for the other major destinations experienced a decline.
Price for Cereals; Rye, Other than Seed in Russia (CIF) - 2022
The average import price for cereals; rye, other than seeds stood at $269 per ton in 2022, with an increase of 2.3% against the previous year. Overall, the import price recorded strong growth. The pace of growth appeared the most rapid in 2018 an increase of 66%. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Slovenia.
From 2015 to 2022, the rate of growth in terms of prices for Latvia amounted to +8.8% per year.
Exports of Cereals; Rye, Other than Seed in Russia
In 2022, the amount of cereals; rye, other than seeds exported from Russia skyrocketed to 449K tons, picking up by 298% on the year before. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 883%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, cereals; rye, other than seed exports skyrocketed to $84M in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,307% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cereals; Rye, Other than Seed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 10.9 | 73.9 | 578.0% |
| Latvia | 4.9 | N/A | 5.0 | 9.7 | 25.6% |
| Germany | 2.6 | N/A | 1.5 | N/A | -24.0% |
| Others | 2.5 | 1.5 | 3.5 | 0.1 | -65.8% |
| Total | 10.0 | 1.5 | 20.9 | 83.7 | 103.0% |
Top Export Markets for Cereals; Rye, Other than Seed from Russia in 2022:
- Spain (395.3K tons)
- Latvia (52.6K tons)
Imports of Cereals; Rye, Other than Seed in Russia
In 2022, the amount of cereals; rye, other than seeds imported into Russia skyrocketed to 27K tons, rising by 2,982,050% against the year before. In general, imports enjoyed a buoyant expansion.
In value terms, cereals; rye, other than seed imports soared to $7.3M in 2022. Over the period under review, imports posted a significant expansion.
| Import of Cereals; Rye, Other than Seed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | N/A | N/A | 3.7 | 0% |
| Latvia | 0.7 | 4.2 | N/A | N/A | 500.0% |
| Poland | 0.2 | 2.2 | N/A | N/A | 1000.0% |
| Estonia | 0.5 | 0.6 | N/A | N/A | 20.0% |
| Others | 1.4 | 7.6 | N/A | 3.5 | 35.7% |
| Total | 2.8 | 14.6 | N/A | 7.3 | 37.6% |
Top Suppliers of Cereals; Rye, Other than Seed to Russia in 2022:
- Slovenia (7.8K tons)
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