Russia Maize Market Insights
Table of Contents
Russia maize export quantities
The volume of maize sold by Russia in 2020 was 2,617,860 tonnes. In 2019 Russia shipped 3,114,371 tonnes of maize. Through 2019 alone, the market for Russia maize (cereals/grains category) has decreased, flactuating by -35.048 % compared to the year 2018. Between 2017 and 2019, maize's exports went down by -39.9 pc earning the nation US$616.92m for the year 2019. Russia's maize exports are categorised as:
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
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Russia maize export values
In 2019, Russia supplied maize costing 616.92m USD, a drop of -27.85% from 2018's total maize export of 855.073m USD. The annual reduction in value of Russia maize between 2017 to 2018 was -3.666 per cent.
The per year variation in the amount of Russia's maize exports between 2017 and 2019 was -39.9% compared to a variation of -35.048% in the period between 2018 and 2019.
Russia's share of the world's total maize's exports in 2019 was less than 1%. The country holds number 25 in world exports of maize.
Export markets for Russia maize ( in '000$ )
Russia's top destinations for maize are South Korea, Japan, Latvia, Azerbaijan and China.
Import/Export Trends
Russia is a net exporter of maize. The annual growth of Russia maize in value between 2015 to 2019 was 124%, per year, while annual growth in quantity was 71%, per annum.
Russia purchased 33,260 tonnes of maize in 2019.
Production
The production of maize in Russia was 42,847,056 tonnes in 2019 and is projected to change by an average of 25.08%. The country had approximately 7,518,741.00 hectares under maize cultivation.
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Production of other produce in the Cereals/Grains category in Russia: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed and Fonio.
See the production of maize in other countries across Europe : Georgia maize, Albania maize, Belarus maize, Bosnia and Herzegovina maize, Bulgaria maize, Croatia maize, Czech Republic maize, Estonia maize, Greece maize and Hungary maize.