Russian Federation: Oat Market 2024

Oat Market Size in the Russian Federation

In 2022, after two years of decline, there was growth in the Russian oat market, when its value increased by 1% to $X. In general, consumption, however, showed a mild decline. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Oat Production in the Russian Federation

In value terms, oat production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

In 2022, the average oat yield in Russia reached X tons per ha, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of +2.1% over the period 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 when the yield increased by 17%. The oat yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oats production in Russia rose to X ha, increasing by 3.4% on 2021 figures. In general, the harvested area, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2013 with an increase of 5.1% against the previous year. The oat harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Oat Exports

Exports from the Russian Federation

In 2022, overseas shipments of oats were finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 275%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, oat exports totaled $X in 2022. Over the period under review, exports posted a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 229%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Mongolia (X tons) and South Korea (X tons) were the main destinations of oat exports from Russia, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +189.9%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for oats exports from Russia, comprising 64% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 20% share of total exports. It was followed by South Korea, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +197.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mongolia (+9.8% per year) and South Korea (+46.1% per year).

Export Prices by Country

In 2022, the average oat export price amounted to $X per ton, falling by -2.2% against the previous year. In general, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 15%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Iraq ($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 Latvia (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Oat Imports

Imports into the Russian Federation

Oat imports into Russia declined notably to X tons in 2021, which is down by -94.6% on the previous year. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 3,918% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, oat imports dropped significantly to $X in 2021. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 737%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Mongolia (X tons), Finland (X tons) and Belarus (X tons) were the main suppliers of oat imports to Russia, together accounting for 73% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +39.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Finland ($X) and France ($X) constituted the largest oat suppliers to Russia, with a combined 70% share of total imports. Mongolia, Belarus and Germany lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Belarus, with a CAGR of +37.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oat import price stood at $X per ton in 2021, jumping by 473% against the previous year. In general, the import price posted temperate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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