Belarus - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Market for Wheat and Meslin Flour 2024
Market Size for Wheat and Meslin Flour in Belarus
The Belarusian wheat and meslin flour market stood at $X in 2022, picking up by 9.1% against the previous year. In general, consumption, however, saw a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Production of Wheat and Meslin Flour in Belarus
In value terms, wheat and meslin flour production fell to $X in 2022 estimated in export price. Overall, production recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 26%. Wheat and meslin flour production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
Exports of Wheat and Meslin Flour
Exports from Belarus
In 2022, exports of wheat and meslin flour from Belarus skyrocketed to X tons, increasing by 20% compared with the previous year. Over the period under review, exports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 220% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, wheat and meslin flour exports stood at $X in 2022. In general, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 196% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
Exports by Country
Ukraine (X tons) was the main destination for wheat and meslin flour exports from Belarus, with a 69% share of total exports. Moreover, wheat and meslin flour exports to Ukraine exceeded the volume sent to the second major destination, Russia (X tons), twofold.
From 2012 to 2022, the average annual growth rate of volume to Ukraine totaled +47.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-11.9% per year) and Moldova (+50.0% per year).
In value terms, Ukraine ($X) remains the key foreign market for wheat and meslin flour exports from Belarus, comprising 72% of total exports. The second position in the ranking was held by Russia ($X), with a 26% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Ukraine amounted to +34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-15.6% per year) and Moldova (+50.8% per year).
Export Prices by Country
The average wheat and meslin flour export price stood at $X per ton in 2022, declining by -6.4% against the previous year. In general, the export price recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wheat and Meslin Flour
Imports into Belarus
Wheat and meslin flour imports into Belarus skyrocketed to X tons in 2022, jumping by 178% on 2021 figures. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 188% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wheat and meslin flour imports surged to $X in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Russia (X tons) was the main supplier of wheat and meslin flour to Belarus, accounting for a 90% share of total imports. Moreover, wheat and meslin flour imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +30.1%.
In value terms, Russia ($X) constituted the largest supplier of wheat and meslin flour to Belarus, comprising 87% of total imports. The second position in the ranking was held by Ukraine ($X), with an 8.3% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Russia amounted to +25.7%.
Import Prices by Country
In 2022, the average wheat and meslin flour import price amounted to $X per ton, waning by -10.9% against the previous year. Overall, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 19%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Russia amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-1.4%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wheat and meslin flour in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 16 - Flour of Wheat
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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