Price for Flour and Meal; of Potatoes in Russia - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Russia (FOB) - 2022
2. Price for Flour and Meal; of Potatoes in Russia (CIF) - 2022
3. Exports of Flour and Meal; of Potatoes in Russia
4. Imports of Flour and Meal; of Potatoes in Russia

Price for Flour and Meal; of Potatoes in Russia (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $387 per ton in 2021, falling by -59.4% against the previous year. Overall, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of 161%. The export price peaked at $2,684 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($1,774 per ton), while the average price for exports to Georgia amounted to $363 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+16.6%).

Price for Flour and Meal; of Potatoes in Russia (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $267 per ton, approximately reflecting the previous year. Overall, the import price recorded a deep slump. The pace of growth was the most pronounced in 2016 an increase of 75% against the previous year. Over the period under review, average import prices attained the peak figure at $1,903 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +6.0% per year.

Exports of Flour and Meal; of Potatoes in Russia

In 2021, the amount of flour and meal; of potatoeses exported from Russia skyrocketed to 83 tons, growing by 547% against the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes exports surged to $32K in 2021. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour and Meal; of Potatoes from Russia in 2022:

1. Georgia (82.0 tons)
2. Kazakhstan (1.4 tons)

Imports of Flour and Meal; of Potatoes in Russia

After two years of decline, overseas purchases of flour and meal; of potatoeses decreased by -50% to 18 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion.

In value terms, flour and meal; of potatoes imports contracted sharply to $4.8K in 2022. Overall, imports recorded a dramatic slump.

Top Suppliers of Flour and Meal; of Potatoes to Russia in 2022:

1. Kazakhstan (18.1 tons)

Source: IndexBox Market Intelligence Platform