Russian Federation: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in the Russian Federation

The Russian non-wheat cereal pellets market stood at $X in 2021, standing approx. at the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Non-Wheat Cereal Pellets Production in the Russian Federation

In value terms, non-wheat cereal pellets production stood at $X in 2021 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.1% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 27%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Non-Wheat Cereal Pellets Exports

Exports from the Russian Federation

In 2021, the amount of cereal pellets (excluding wheat) exported from Russia skyrocketed to X tons, jumping by 54% against 2020 figures. In general, exports posted a moderate increase. The pace of growth appeared the most rapid in 2015 with an increase of 444%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, non-wheat cereal pellets exports soared to $X in 2021. Overall, exports, however, continue to indicate a perceptible decline. The growth pace was the most rapid in 2015 with an increase of 305%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Serbia (X tons) and Estonia (X tons) were the main destinations of non-wheat cereal pellets exports from Russia, together accounting for 78% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +36,813.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-wheat cereal pellets exported from Russia were Kazakhstan ($X), Serbia ($X) and Estonia ($X), together accounting for 78% of total exports.

Among the main countries of destination, Estonia, with a CAGR of +12,592.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-wheat cereal pellets export price stood at $X per ton in 2021, with a decrease of -17.8% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 55%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kazakhstan ($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 Serbia (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Wheat Cereal Pellets Imports

Imports into the Russian Federation

In 2021, purchases abroad of cereal pellets (excluding wheat) increased by 114% to X tons, rising for the fifth year in a row after three years of decline. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 760% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, non-wheat cereal pellets imports soared to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 547% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main non-wheat cereal pellets supplier to Russia, accounting for a 98% share of total imports. It was followed by Kazakhstan (X tons), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +246.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (-30.0% per year) and Armenia (+0.9% per year).

In value terms, China ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Russia, comprising 99% of total imports. The second position in the ranking was taken by Armenia ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +253.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Armenia (-7.0% per year) and Kazakhstan (-32.1% per year).

Import Prices by Country

In 2021, the average non-wheat cereal pellets import price amounted to $X per ton, falling by -1.8% against the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 60%. As a result, import price reached the peak level of $X per ton, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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