CIS: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in CIS

The CIS non-wheat cereal pellets market stood at $X in 2021, therefore, remained relatively stable against the previous year. The total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.5% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Non-Wheat Cereal Pellets Production in CIS

In value terms, non-wheat cereal pellets production stood at $X in 2021 estimated in export price. The total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Non-Wheat Cereal Pellets Exports

Exports in CIS

In 2021, exports of cereal pellets (excluding wheat) in the CIS surged to X tons, growing by 49% on the year before. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2015 when exports increased by 233%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-wheat cereal pellets exports surged to $X in 2021. In general, exports, however, showed a deep setback. The growth pace was the most rapid in 2015 when exports increased by 172%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) represented roughly 99% of total exports in 2021.

Russia was also the fastest-growing in terms of the cereal pellets (excluding wheat) exports, with a CAGR of +2.5% from 2012 to 2021. From 2012 to 2021, the share of Russia increased by +59 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest non-wheat cereal pellets supplier in the CIS.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -3.6%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, reducing by -20.6% against the previous year. In general, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 an increase of 38%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -6.0% per year.

Non-Wheat Cereal Pellets Imports

Imports in CIS

In 2021, overseas purchases of cereal pellets (excluding wheat) increased by 3.2% to X tons, rising for the fifth year in a row after four years of decline. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-wheat cereal pellets imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 111%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Russia (X tons) represented roughly 74% of total imports in 2021. It was distantly followed by Uzbekistan (X tons), mixing up an 18% share of total imports. The following importers - Belarus (X tons), Azerbaijan (X tons) and Tajikistan (X tons) - together made up 6.5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +27.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported cereal pellets (excluding wheat) in the CIS, comprising 70% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 13% share of total imports. It was followed by Uzbekistan, with an 8.9% share.

In Russia, non-wheat cereal pellets imports increased at an average annual rate of +29.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-13.9% per year) and Uzbekistan (+30.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 24% against the previous year. In general, the import price showed a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 39%. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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