Russian Federation: Durum Wheat Market 2024

Durum Wheat Market Size in the Russian Federation

The Russian durum wheat market rose sharply to $X in 2022, increasing by 5.9% against the previous year. The market value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Durum Wheat Production in the Russian Federation

In value terms, durum wheat production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 38%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of durum wheat in Russia reached X tons per ha in 2022, surging by 4.7% on the previous year. The yield figure increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 26% against the previous year. Over the period under review, the average durum wheat yield reached the maximum level at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The durum wheat harvested area in Russia stood at X ha in 2022, growing by 1.7% compared with the previous year's figure. The harvested area increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 9.8% against the previous year. Over the period under review, the harvested area dedicated to durum wheat production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Durum Wheat Exports

Exports from the Russian Federation

In 2022, overseas shipments of durum wheat increased by 13% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2013 when exports increased by 142%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, durum wheat exports fell notably to $X in 2022. Overall, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 97%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X tons), Kazakhstan (X tons) and Latvia (X tons) were the main destinations of durum wheat exports from Russia, together comprising 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +447.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Kyrgyzstan ($X), Latvia ($X) and Kazakhstan ($X) were the largest markets for durum wheat exported from Russia worldwide, together comprising 94% of total exports.

In terms of the main countries of destination, Kyrgyzstan, with a CAGR of +410.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average durum wheat export price amounted to $X per ton, declining by -27.7% against the previous year. Overall, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Belarus ($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 Spain (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Durum Wheat Imports

Imports into the Russian Federation

Durum wheat imports into Russia soared to X tons in 2022, with an increase of 25% compared with 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 77% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, durum wheat imports rose rapidly to $X in 2022. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 93%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the main durum wheat supplier to Russia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to +5.4%.

In value terms, Kazakhstan ($X) constituted the largest supplier of durum wheat to Russia.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan totaled +6.6%.

Import Prices by Country

In 2022, the average durum wheat import price amounted to $X per ton, with a decrease of -8.6% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, durum wheat import price increased by +106.4% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +1.2% per year.

Source: IndexBox Platform

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