Belarus: Roasted Malt Market 2024

Roasted Malt Market Size in Belarus

The Belarusian roasted malt market contracted to $X in 2022, waning by -5.8% against the previous year. Over the period under review, consumption showed a noticeable contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Roasted Malt Production in Belarus

In value terms, roasted malt production rose significantly to $X in 2022 estimated in export price. In general, production, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 36% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Roasted Malt Exports

Exports from Belarus

In 2022, approx. X tons of roasted malt were exported from Belarus; growing by 64% on the year before. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,166%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, roasted malt exports skyrocketed to $X in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,146%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X tons) was the main destination for roasted malt exports from Belarus, with a 65% share of total exports. Moreover, roasted malt exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), threefold. The third position in this ranking was taken by Kazakhstan (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +74.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+162.4% per year) and Kazakhstan (+38.2% per year).

In value terms, Russia ($X) remains the key foreign market for roasted malt exports from Belarus, comprising 65% of total exports. The second position in the ranking was taken by Ukraine ($X), with an 18% share of total exports. It was followed by Kazakhstan, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +67.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+156.1% per year) and Kazakhstan (+30.9% per year).

Export Prices by Country

In 2022, the average roasted malt export price amounted to $X per ton, growing by 8.2% against the previous year. In general, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 49%. 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 foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($X per ton) and Moldova ($X per ton), while the average price for exports to Ukraine ($X per ton) and Russia ($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 Ukraine (-2.4%), while the prices for the other major destinations experienced a decline.

Roasted Malt Imports

Imports into Belarus

Roasted malt imports into Belarus declined rapidly to X tons in 2022, waning by -58.4% on 2021 figures. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 89% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, roasted malt imports declined dramatically to $X in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 74%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of roasted malt to Belarus, accounting for a 71% share of total imports. Moreover, roasted malt imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled -9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.0% per year) and Russia (-11.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of roasted malt to Belarus, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.7% per year) and Russia (-12.7% per year).

Import Prices by Country

The average roasted malt import price stood at $X per ton in 2022, with a decrease of -9.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 55%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, 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 ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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