Price for Flour and Meal; of Potatoes in Belarus - 2022

Contents:

1. Price for Flour and Meal; of Potatoes in Belarus (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Belarus (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Belarus
4. Exports of Flour and Meal; of Potatoes in Belarus

Price for Flour and Meal; of Potatoes in Belarus (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,139 per ton, increasing by 10% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 57% against the previous year. The import price peaked at $3,256 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,159 per ton), while the price for Russia ($455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.4%), while the prices for the other major suppliers experienced a decline.

Price for Flour and Meal; of Potatoes in Belarus (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $1,616 per ton in 2021, almost unchanged from the previous year. Over the period under review, the export price showed a temperate expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 4.3% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2014 to 2021, the rate of growth in terms of prices for the United States amounted to +4.3% per year.

Imports of Flour and Meal; of Potatoes in Belarus

In 2022, approx. 1.8 tons of flour and meal; of potatoeses were imported into Belarus; with an increase of 4.9% compared with the year before. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 213%. As a result, imports attained the peak of 2.6 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flour and meal; of potatoes imports surged to $2.1K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 195% against the previous year. As a result, imports reached the peak of $2.4K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Flour and Meal; of Potatoes to Belarus in 2022:

1. Germany (1769.0 kg)

Exports of Flour and Meal; of Potatoes in Belarus

In 2021, the amount of flour and meal; of potatoeses exported from Belarus totaled 22 tons, with an increase of 2.5% on the previous year's figure. In general, exports, however, showed a sharp setback.

In value terms, flour and meal; of potatoes exports stood at $36K in 2021. Over the period under review, exports, however, saw a precipitous decrease.

Top Export Markets for Flour and Meal; of Potatoes from Belarus in 2022:

1. Canada (22.4 tons)

Source: IndexBox Market Intelligence Platform