Price for Flour, Meal, and Flakes of Potatoes in Russia - 2022
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in Russia (CIF) - 2022
- Price for Flour, Meal, and Flakes of Potatoes in Russia (FOB) - 2022
- Imports of Flour, Meal, and Flakes of Potatoes in Russia
- Exports of Flour, Meal, and Flakes of Potatoes in Russia
Price for Flour, Meal, and Flakes of Potatoes in Russia (CIF) - 2022
The average import price for flour, meal, and flakes of potatoeses stood at $1,486 per ton in 2022, growing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $1,513 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($1,774 per ton), while the price for Belgium ($1,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in Russia (FOB) - 2022
In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $1,203 per ton, dropping by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 25%. As a result, the export price reached the peak level of $1,309 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,553 per ton), while the average price for exports to Lebanon ($401 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 Hungary (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour, Meal, and Flakes of Potatoes in Russia
In 2022, approx. 12K tons of flour, meal, and flakes of potatoeses were imported into Russia; waning by -5% compared with the previous year. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of 12K tons, and then contracted in the following year.
In value terms, imports of flour, meal, and flakes of potatoeses expanded rapidly to $17M in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 139%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Flour, Meal, and Flakes of Potatoes in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.5 | 4.4 | 6.9 | 11.5 | 20.9% |
| Germany | 2.0 | 1.6 | 4.0 | 2.9 | 13.2% |
| Lithuania | N/A | N/A | N/A | 1.7 | 0% |
| Poland | N/A | N/A | 1.1 | 0.5 | -54.5% |
| Denmark | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| Belgium | 0.1 | N/A | 1.0 | 0.1 | 0.0% |
| Belarus | N/A | 0.5 | 2.8 | N/A | 460.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 9.0 | 6.8 | 16.3 | 17.1 | 23.9% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to Russia in 2022:
- Netherlands (7.5K tons)
- Germany (2.3K tons)
- Lithuania (1.0K tons)
- Denmark (0.3K tons)
- Poland (0.3K tons)
- Belgium (0.1K tons)
Exports of Flour, Meal, and Flakes of Potatoes in Russia
In 2022, shipments abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 4.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt shrinkage.
In value terms, exports of flour, meal, and flakes of potatoeses surged to $5.2M in 2022. In general, exports, however, showed a deep setback.
| Export of Flour, Meal, and Flakes of Potatoes in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 234 | 274 | 357 | 1,802 | 97.5% |
| Israel | 711 | 544 | 509 | 1,120 | 16.4% |
| Uzbekistan | 253 | N/A | 1.0 | 996 | 57.9% |
| Argentina | 162 | 204 | 88.4 | 328 | 26.5% |
| Brazil | 666 | 608 | 678 | 224 | -30.5% |
| Czech Republic | 116 | 379 | 138 | 183 | 16.4% |
| Georgia | 50.2 | 62.2 | 33.3 | 88.6 | 20.8% |
| Serbia | 155 | 158 | 65.5 | 83.6 | -18.6% |
| Belgium | 59.8 | N/A | N/A | 83.5 | 11.8% |
| Romania | 505 | 422 | 139 | 77.3 | -46.5% |
| Hungary | 209 | 129 | 92.3 | 77.1 | -28.3% |
| Tajikistan | 68.5 | N/A | N/A | 39.0 | -17.1% |
| Lebanon | N/A | N/A | N/A | 35.8 | 0% |
| Others | 5,653 | 4,732 | 773 | 55.1 | -78.6% |
| Total | 8,843 | 7,513 | 2,875 | 5,194 | -16.3% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from Russia in 2022:
- Kazakhstan (1160.8 tons)
- Israel (1110.5 tons)
- Uzbekistan (893.0 tons)
- Argentina (256.7 tons)
- Brazil (173.8 tons)
- Czech Republic (155.7 tons)
- Lebanon (89.3 tons)
- Romania (76.2 tons)
- Georgia (74.4 tons)
- Serbia (74.4 tons)
- Tajikistan (74.4 tons)
- Belgium (73.7 tons)
- Hungary (71.2 tons)
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