Russia's wheat exports have increased nearly twice this year, but the food market will emerge ne
- Author:Elena
- Release Date:2023-01-03
According to the statement, the total export volume of Russia's grain products in Russia increased to 1.3 million tons this year, an increase of 69%over last year.Among them, the export volume of wheat flour reached 722,000 tons, which was significantly higher than 259,000 tons in 2021. The export volume of Russian oats also increased by 37%to 163,000 tons.
Overall, Russia's exports of grain and grain products increased by 3%over 2021.
Rosselkhoznadzor also pointed out that Russia provided grain products to 126 countries in 2022, most of which were shipped to the Middle East, Africa and Asia.Russia has increased by 1.6 times the export volume of the Eurasian Economic Alliance (EEU) nearly this year.
According to analysts, Russia's grain harvest this year will reach a record high, and it will promote the export of agricultural products to a record high.
IKAR Agricultural Market Research said that Russia is expected to export 53.5 million tons of grain in 2022, of which wheat exports will reach 44 million tons.
The vice chairman of the Russian Grain Alliance Alexander Colebet said that although the exports of Russian grains have slowed down earlier this year, this is because exporters have regained the growth momentum of exports because exporters observe Western sanctions on Russia.
He also added that Russian exporters are approaching the export record, and foreign companies have understood that the United States and European regulatory agencies will not punish them and ask them to pay a fine of violations of sanctions.
However, in addition to sanctions, restrictions on transportation, insurance, financing, and payment still bring many problems to Russian exporters.Russia has repeatedly urged the Western government to set up any obstacles in Russia's grain and fertilizer transportation. The Western government has repeatedly emphasized that sanctions do not affect Russia's grain and fertilizer industries.
Nevertheless, many insurance claims associations (P & i) issued an announcement this week that it will stop providing war insurance for ocean ships in Russia, Ukraine and Belarus on January 1.
These claims associations provide liability insurance for more than 90%of the world's ocean ships and more than 95%of ocean tankers, which means that shipowners and lesseans engaged in Russia, Ukraine and Belarusian trading and transportation are difficult to obtain shipping insurance next year.
This operation in the insurance industry may bring new trouble to Russia's grain exports, or restrict Russia's cursor in the global market, thereby forming new pressure on food supply.
Overall, Russia's exports of grain and grain products increased by 3%over 2021.
Rosselkhoznadzor also pointed out that Russia provided grain products to 126 countries in 2022, most of which were shipped to the Middle East, Africa and Asia.Russia has increased by 1.6 times the export volume of the Eurasian Economic Alliance (EEU) nearly this year.
According to analysts, Russia's grain harvest this year will reach a record high, and it will promote the export of agricultural products to a record high.
IKAR Agricultural Market Research said that Russia is expected to export 53.5 million tons of grain in 2022, of which wheat exports will reach 44 million tons.
The vice chairman of the Russian Grain Alliance Alexander Colebet said that although the exports of Russian grains have slowed down earlier this year, this is because exporters have regained the growth momentum of exports because exporters observe Western sanctions on Russia.
He also added that Russian exporters are approaching the export record, and foreign companies have understood that the United States and European regulatory agencies will not punish them and ask them to pay a fine of violations of sanctions.
However, in addition to sanctions, restrictions on transportation, insurance, financing, and payment still bring many problems to Russian exporters.Russia has repeatedly urged the Western government to set up any obstacles in Russia's grain and fertilizer transportation. The Western government has repeatedly emphasized that sanctions do not affect Russia's grain and fertilizer industries.
Nevertheless, many insurance claims associations (P & i) issued an announcement this week that it will stop providing war insurance for ocean ships in Russia, Ukraine and Belarus on January 1.
These claims associations provide liability insurance for more than 90%of the world's ocean ships and more than 95%of ocean tankers, which means that shipowners and lesseans engaged in Russia, Ukraine and Belarusian trading and transportation are difficult to obtain shipping insurance next year.
This operation in the insurance industry may bring new trouble to Russia's grain exports, or restrict Russia's cursor in the global market, thereby forming new pressure on food supply.