Russia: Export of wheat this season will decrease by 16%
Wheat
Russia
Published Jun 25, 2022
Tridge summary
The top 5 buyer countries accounted for 64% of shipments
Original content
According to the results of the 2021/22 season, wheat exports from Russia will decrease by 16% compared to the previous agricultural year and will amount to about 32.8 million tons, follows from the materials of the Rusagrotrans analytical center, cited by the pole.rf portal. Including, according to the results of June, shipments will be at the level of 1 million tons, earlier analysts estimated the export potential at 0.85 million tons. Rusagrotrans notes the consolidation of supplies: the share of the top 5 countries buying Russian wheat this season will be about 64%, while in 2020/21 it was 10% lower. The largest importer in the outgoing agricultural year is Turkey (6.8 million tons), followed by Iran (6 million tons), Egypt (5.1 million tons), Kazakhstan (2.2 million tons) and Saudi Arabia (0.97 million tons). ). At the end of the 2020/21 season, Egypt was the first to purchase about 8.4 million tons of wheat, Turkey ranked second with 6.8 million tons, Bangladesh closed the ...
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