Russian Federation: Milled Rice Market 2020

Milled Rice Market Size in the Russian Federation

The revenue of the milled rice market in Russia amounted to $X in 2018, stabilizing at the previous year. Over the period under review, milled rice consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the milled rice market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Milled Rice Production in the Russian Federation

In value terms, milled rice production amounted to $X in 2018 estimated in export prices. Over the period under review, milled rice production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when production volume increased by X% against the previous year. Milled rice production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

In 2018, the average milled rice yield in Russia amounted to X ton per ha, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the average milled rice yield reached its maximum level at X ton per ha in 2015; however, from 2016 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Milled rice harvested area in Russia stood at X ha in 2018, picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010 when harvested area increased by X% year-to-year. Milled rice harvested area peaked at X ha in 2011; however, from 2012 to 2018, harvested area failed to regain its momentum.

Milled Rice Exports

Exports from the Russian Federation

Milled rice exports from Russia amounted to X tons in 2018, shrinking by -X% against the previous year. Overall, milled rice exports, however, continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Exports peaked at X tons in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, milled rice exports stood at $X in 2018. In general, milled rice exports, however, continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, milled rice exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Mongolia (X tons) and Turkey (X tons) were the main destinations of milled rice exports from Russia, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Mongolia ($X), Belgium ($X) and Turkey ($X) appeared to be the largest markets for milled rice exported from Russia worldwide, together comprising X% of total exports. Turkmenistan, Syrian Arab Republic, Azerbaijan, Kazakhstan, Belarus, the Netherlands, Lebanon, Switzerland and Albania lagged somewhat behind, together comprising a further X terms of the main countries of destination, Switzerland (+X% per year) experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average milled rice export price amounted to $X per ton, declining by -X% against the previous year. In general, the milled rice export price continues to indicate a temperate contraction. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. In that year, the average export prices for milled rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for milled rice failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Milled Rice Imports

Imports into the Russian Federation

In 2018, the amount of milled rice imported into Russia amounted to X tons, standing approx. at the previous year. Over the period under review, milled rice imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, milled rice imports attained their peak of X tons. From 2015 to 2018, the growth of milled rice imports remained at a somewhat lower figure.

In value terms, milled rice imports amounted to $X in 2018. In general, the total imports indicated a mild increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. In that year, milled rice imports attained their peak of $X. From 2009 to 2018, the growth of milled rice imports failed to regain its momentum.

Imports by Country

India (X tons), Myanmar (X tons) and Thailand (X tons) were the main suppliers of milled rice imports to Russia, together accounting for X% of total imports. These countries were followed by Pakistan, Uruguay, Kazakhstan, Vietnam and Cambodia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Uruguay, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Uruguay ($X) and Thailand ($X) were the largest milled rice suppliers to Russia, with a combined X% share of total imports.

In terms of the main suppliers, Uruguay experienced the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average milled rice import price amounted to $X per ton, rising by X% against the previous year. In general, the import price indicated a modest expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milled rice import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. In that year, the average import prices for milled rice reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average import prices for milled rice remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Uruguay ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Uruguay, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform