Price for Cereals; Millet, Other than Seed in Russia - 2022
Contents:
- Price for Cereals; Millet, Other than Seed in Russia (FOB) - 2022
- Price for Cereals; Millet, Other than Seed in Russia (CIF) - 2022
- Exports of Cereals; Millet, Other than Seed in Russia
- Imports of Cereals; Millet, Other than Seed in Russia
Price for Cereals; Millet, Other than Seed in Russia (FOB) - 2022
The average export price for cereals; millet, other than seeds stood at $431 per ton in 2022, rising by 32% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; millet, other than seed export price increased by +24.8% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($640 per ton), while the average price for exports to Azerbaijan ($227 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 the Philippines (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereals; Millet, Other than Seed in Russia (CIF) - 2022
The average import price for cereals; millet, other than seeds stood at $1,061 per ton in 2022, surging by 3.5% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 842% against the previous year. Over the period under review, average import prices reached the peak figure at $4,781 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,292 per ton), while the price for the United Arab Emirates ($104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.7%).
Exports of Cereals; Millet, Other than Seed in Russia
Cereals; millet, other than seed exports from Russia skyrocketed to 98K tons in 2022, with an increase of 42% against the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 66%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, cereals; millet, other than seed exports skyrocketed to $42M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Millet, Other than Seed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 0.1 | 3.8 | 12.1 | 1000.0% |
| Turkey | 1.6 | 4.6 | 5.3 | 4.5 | 41.2% |
| Thailand | N/A | 0.8 | 1.2 | 1.9 | 54.1% |
| Israel | 0.4 | 0.3 | 0.1 | 0.8 | 26.0% |
| Belgium | N/A | 0.4 | 0.3 | 0.8 | 41.4% |
| Philippines | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Japan | N/A | 0.3 | 0.7 | 0.6 | 41.4% |
| South Africa | 0.1 | 0.3 | N/A | 0.5 | 71.0% |
| United Arab Emirates | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Serbia | 0.2 | 0.1 | 0.1 | 0.4 | 26.0% |
| Azerbaijan | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Poland | 0.9 | 0.1 | 0.1 | N/A | -66.7% |
| Iran | 1.1 | 0.1 | 1.7 | N/A | 24.3% |
| Others | 4.6 | 6.4 | 8.9 | 19.3 | 61.3% |
| Total | 9.1 | 13.8 | 22.5 | 42.2 | 66.8% |
Top Export Markets for Cereals; Millet, Other than Seed from Russia in 2022:
- Indonesia (27.3K tons)
- Turkey (14.6K tons)
- Thailand (4.1K tons)
- Belgium (1.6K tons)
- Israel (1.3K tons)
- Philippines (1.2K tons)
- Japan (1.2K tons)
- South Africa (1.1K tons)
- United Arab Emirates (1.0K tons)
- Serbia (1.0K tons)
- Azerbaijan (1.0K tons)
- Poland (0.2K tons)
Imports of Cereals; Millet, Other than Seed in Russia
Cereals; millet, other than seed imports into Russia dropped markedly to 18 tons in 2022, waning by -33.1% against the year before. In general, imports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,640%.
In value terms, cereals; millet, other than seed imports fell remarkably to $20K in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 487%. As a result, imports reached the peak of $28K, and then contracted dramatically in the following year.
| Import of Cereals; Millet, Other than Seed in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 0.3 | 9.8 | 7.6 | 121.4% |
| Kazakhstan | 4.9 | N/A | 7.1 | 3.6 | -9.8% |
| United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
| Italy | 8.7 | N/A | N/A | N/A | 0% |
| Others | 12.3 | 4.5 | 11.3 | 8.2 | -12.6% |
| Total | 26.7 | 4.8 | 28.2 | 19.5 | -9.9% |
Top Suppliers of Cereals; Millet, Other than Seed to Russia in 2022:
- Kazakhstan (11.0 tons)
- United Arab Emirates (2.5 tons)
- Germany (2.3 tons)
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