Belarus: Cereal Market 2024

Cereal Market Size in Belarus

The Belarusian cereal market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cereal Production in Belarus

In value terms, cereal production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Cereal production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of cereals in Belarus rose sharply to X tons per ha in 2022, increasing by X% compared with 2021. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average cereal yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of cereals production in Belarus declined slightly to X ha, with a decrease of X% compared with the year before. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cereal production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Cereal Exports

Exports from Belarus

In 2022, overseas shipments of cereals decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, cereal exports amounted to $X in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for cereal exports from Belarus, accounting for a X% share of total exports. Moreover, cereal exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold. Lithuania (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume 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 Lithuania (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for cereals exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

Export Prices by Country

The average cereal export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Lithuania ($X per ton) and Russia ($X per ton), while the average price for exports to Ukraine ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Imports

Imports into Belarus

In 2022, the amount of cereals imported into Belarus surged to X tons, growing by X% against 2021 figures. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereal imports soared to $X in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) was the main cereal supplier to Belarus, with a X% share of total imports. Moreover, cereal imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to X%.

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

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%.

Import Prices by Country

In 2022, the average cereal import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

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