Belarus: Cereal Flour Market 2024

Cereal Flour Market Size in Belarus

The Belarusian cereal flour market expanded sharply to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cereal Flour Production in Belarus

In value terms, cereal flour production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Cereal Flour Exports

Exports from Belarus

In 2021, overseas shipments of cereal flours increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports posted mild growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cereal flour exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for cereal flour exports from Belarus, accounting for a X% share of total exports. Moreover, cereal flour exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Moldova (X% per year).

In value terms, Russia ($X) remains the key foreign market for cereal flours exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Moldova (X% per year).

Export Prices by Country

In 2021, the average cereal flour export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price saw a perceptible descent. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced a decline.

Cereal Flour Imports

Imports into Belarus

In 2021, the amount of cereal flours imported into Belarus expanded significantly to X tons, growing by X% compared with 2020. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cereal flour imports soared to $X in 2021. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main cereal flour supplier to Belarus, with a X% share of total imports. Moreover, cereal flour imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of cereal flours to Belarus, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled X%.

Import Prices by Country

In 2021, the average cereal flour import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (X%).

Source: IndexBox Platform

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