Wheat Market Analysis

(Market Studied-India, Russia, Ukraine)

1
 Exporter of Wheat & Meslin-World Wide
(Excluding seed for sowing, and durum wheat)
 In this report we have focused on Wheat & Meslin market as it is traded world-wide in good volume, after
which Durum Wheat, whose major exporter is Canada & Importer Egypt, Nigeria, China, Italy. (Durum Wheat-
Pasta / Macroni Wheat).
 We have analysed and identified, Wheat and meslin (excluding seed for sowing, and durum wheat) is majorly
exported by Russia and Ukraine.
 India mainly export Wheat & Meslin, so we have limited our study for this product not for Durum Wheat.

Top 10 Exporter of Wheat & Meslin-World Wide

Top 10 Exporter of Wheat & Meslin-World Wide
Quantity Wise
Value Wise-$
(MMT-Million Metric Tonne)
2020 % Share 2020 % Share
Exporter Country Exporters Country
MMT-Qty Qty $-Billion $-Billion
Russia 36.98 20% Russia 7.85 19%
USA 25.37 14% USA 6.10 15%
Canada 20.43 11% Canada 4.79 11%
France 18.21 10% France 4.10 10%
Ukraine 18.04 10% Ukraine 3.59 9%
Australia 10.48 6% Australia 2.71 7%
Argentina 10.64 6% Argentina 2.12 5%
Germany 9.21 5% Germany 2.08 5%
Kazakhstan 4.72 3% Kazakhstan 1.01 2%
Poland 4.38 2% Poland 0.97 2%
Others 26.33 14% Others 6.31 15%
Total 184.79 100% Total 41.63 100%

Value in $-Billion

> 3.9 1.57-3.92 0.78-1.57 0.39-0.78 0.08-0.39 0-0.08 N.A.

2
 Importer of Wheat & Meslin-World Wide
(Excluding seed for sowing, and durum wheat)

Top 10 Importer of Wheat-World Wide

Top 10 Importer of Wheat-World Wide
Quantity Wise
Value Wise-$
(MMT-Million Metric Tonne)

2020 2020
Importer Country % Share-Qty Importer Country % Share
MMT-Qty $-Billion
Indonesia 10.30 8% Indonesia 2.62 7%
Turkey 8.58 6% Turkey 2.01 6%
Algeria 6.27 5% Philippines 1.57 4%
Philippines 6.14 5% Japan 1.45 4%
Brazil 6.04 4% Algeria 1.43 4%
Bangladesh 5.96 4% Brazil 1.32 4%
Japan 5.15 4% Bangladesh 1.27 4%
Italy 4.40 3% China 1.07 3%
Morocco 4.37 3% Mexico 1.06 3%
Netherlands 3.96 3% Morocco 1.04 3%
Others 74.92 55% Others 20.80 58%
Total 136.10 100% Total 35.64 100%

Value in $-Billion

> 1.30 0.52-1.30 0.26-0.52 0.13-0.26 0.02-0.13 0-0.02 N.A.

3
 India Export Market-Wheat & Meslin
(Excluding seed for sowing, and Durum wheat)
Data Source: All Info
HSN Code Product Depiction Recommendation
✓ Recommended for further study
Wheat & Meslin
To watch: Quality of Wheat export by India
(excluding seed
10019910 India export increase 236% w.r.t. last F.Y.20-21 (566 $-Mil)
for sowing, and
durum wheat) India is the 2nd largest producer of Wheat in the World &
previously export to nearby countries.

Country wise (71) F.Y 21-22 till Mar’22 Port wise (51) F.Y 21-22 till Mar’22
Country Wise $-Mil % Share No. Of
Indian Port $-Mil % Share
Bangladesh 898.13 47.13% Exporter
Sri Lanka 199.38 10.46% Kandla 27 966.54 50.72%
U. A. E 158.52 8.32% Ghojadanga 197 169.01 8.87%
South Korea 139.26 7.31% Mundra 183 153.44 8.05%
Indonesia 111.83 5.87% Hilli 43 129.90 6.82%
Yemen 110.87 5.82% Kotawalighat 61 119.93 6.29%
Nepal 64.98 3.41% Ranaghat Railway 19 62.70 3.29%
Philippines 60.65 3.18% JNPT 97 56.85 2.98%
Other (63) 162.09 8.51% Changrabandh 57 53.49 2.81%
Total 1,905.70 100.00% Other (43) 528 193.83 10.17%
Total 964 1,905.70 100.00%

Consignee Wise (1559) F.Y 21-22 till Mar’22 Exporter from India (964) F.Y 21-22 till Mar’22
Consignee Name $-Mil % Share Exporter Name $-Mil % Share
Consignee details not available 678.52 35.60% ITC Limited 438.68 23.02%
Yemen Company 66.81 3.51% Louis Dreyfus Company 149.38 7.84%
Prima Ceylon 41.56 2.18% Outspan India 138.73 7.28%
Agrocorp India Trade 60.00 3.15%
Serendib 37.14 1.95%
Viterra India 57.76 3.03%
Grand Mills 26.28 1.38%
Gurudeo Exports Corp. 55.98 2.94%
Majumder Traders 26.12 1.37% Pannalal Exports 46.52 2.44%
Qatar Islamic Bank 24.24 1.27% Allanasons 41.66 2.19%
Jamuna Bank Limited 24.22 1.27% Other (956) 917.00 48.12%
Other (1551) 980.80 51.47% Total 1,905.70 100.00%
Total 1,905.70 100.00%
Key Notes: India Challenges
 High MSP (Price)-Less margin left for private
 India has exported 325 $-Mil alone in the month of March’2022.
players
 After PM Modi announcement regarding “Wheat Export”-South  Wheat Quality (Inspection required)
Korea, U.A.E., Vietnam is turning out to be growing market.  Logistic Hurdles
 Govt. Policy-Wheat essential Commodity
 In April’22-Thailand, Israel & Malaysia has gained the momentum. (Export Ban & higher Import Duty) for the
need of Domestic market possible in long run.
Favourable Conditions for India
 Recent News-Egypt has also approved India as a “Wheat Supplier”.  Rupee weaker w.r.t. Dollar. competitive for
 Egypt imports $2 billion from Russia and $611 million from India exporter but Import cost of fertilizer will
Ukraine every year. increase too for production of Wheat.
 Global Market Wheat price $ 229 per tonne in
Mar’21 to $ 533 per tonne Mar’22.
 Oman, Nigeria, Afghanistan & South Africa could be other  Russia-Ukraine cumulative hold 1/3rd World
destination where export can rise in near future. Market-Gap created
4
 Export from Russia to World (April’21-Feb’22)
Data Source: Volza
HSN Code Product Depiction

Wheat & Meslin

1001990000
(Excluding seed for sowing, and durum wheat)

Shipper Wise (269) F.Y 21-22 (Till Feb’22)

Shipper Name (Supplier from Russia) $-Mil % Share Qty in MT % Share MT
Demetra Trading LLC 1,355.08 23.51% 4,464,756.69 12.43%
LLC Trading House Reef 886.73 15.39% 8,218,095.78 22.87%
Aston JSC 540.53 9.38% 2,399,309.98 6.68%
LLC Agro Industrial Corporation 318.23 5.52% 1,611,022.94 4.48%
LLC Kargil 296.91 5.15% 1,876,341.06 5.22%
LLC Mirogrup Resources 283.60 4.92% 1,111,920.43 3.09%
LLC Ozk Trading 233.31 4.05% 2,048,119.00 5.70%
LLC Zerno-Trejd 203.43 3.53% 967,507.18 2.69%
LLC Viterra Rus 177.09 3.07% 1,393,632.47 3.88%
LLC Company Luis 135.23 2.35% 906,214.48 2.52%
Other (259) 1,333.32 23.13% 10,932,712.90 30.43%
Total 5,763.48 100.00% 35,929,632.89 100.00%

Consignee Wise (332) F.Y 21-22 (Till Feb’22)

Consignee Name $-Mil % Share Qty in MT % Share MT
Solaris Commodities SA 1,538.83 26.70% 6,245,050.81 17.38%
Gtcs Trading Dmcc 766.96 13.31% 7,229,634.48 20.12%
Cargill International S A 292.00 5.07% 2,311,175.22 6.43%
Aston Agro Industrial Sa 267.06 4.63% 1,436,143.22 4.00%
Grainexport SA 229.45 3.98% 1,919,619.00 5.34%
Grainstar AST Dmcc 219.21 3.80% 1,094,522.94 3.05%
Viterra B.V. 209.90 3.64% 1,530,499.46 4.26%
Orsett Trading S.A. 206.97 3.59% 1,392,740.17 3.88%
Aston FFI (Suisse) SA 176.23 3.06% 798,343.65 2.22%
Louis Dreyfus Company Suisse S. A. 137.92 2.39% 1,246,193.34 3.47%
Other (322) 1718.95 29.82% 10,725,710.60 29.85%
Total 5,763.48 100.00% 35,929,632.89 100.00%

Country Wise (77) F.Y 21-22 (Till Feb’22)

Country-World Wide $-Mil % Share Qty in MT % Share MT
Country Details not available 1,620.13 28.11% 16,064,270.31 44.71%
Turkey 1,174.17 20.37% 5,546,070.23 15.44%
Egypt 971.74 16.86% 4,242,081.95 11.81%
Saudi Arabia 163.38 2.83% 916,310.10 2.55%
Sudan 161.38 2.80% 727,768.22 2.03%
Nigeria 133.63 2.32% 812,367.00 2.26%
Azerbaijan 127.13 2.21% 771,996.69 2.15%
Libya 120.49 2.09% 436,315.31 1.21%
Israel 119.35 2.07% 469,645.64 1.31%
Cameroon 104.93 1.82% 457,903.00 1.27%
Other (67) 1,067.16 18.52% 5,484,904.45 15.27%
Total 5,763.48 100.00% 35,929,632.89 100.00%

5
 Export from Russia to Europe (April’21-Feb’22)
Data Source: Volza
HSN Code Product Depiction

Wheat & Meslin

1001990000
(Excluding seed for sowing, and durum wheat)

Shipper Wise (89) F.Y 21-22 (Till Feb’22)

% Share
Shipper Name (Supplier from Russia) $-Mil % Share Qty in MT
MT
Ao Elemeevsky Elevator 17.49 9.13% 60,684.95 4.75%
LLC Trading House Commonwealth 11.86 6.18% 36,895.04 2.89%
LLC Grein Service 11.28 5.88% 36,070.98 2.82%
LLC Avangard-Agro-Voronezh 10.89 5.68% 56,372.35 4.41%
JSC Yelets Bread Base 9.49 4.95% 36,269.45 2.84%
LLC Zerno-Trejd 9.16 4.78% 33,301.65 2.61%
LLC Furmanovskoe 8.54 4.46% 75,588.64 5.92%
LLC Trading Company Region-Saratov 8.35 4.36% 35,118.25 2.75%
LLC Trading House Reef 7.39 3.86% 34,398.21 2.69%
LLC Granit 6.91 3.61% 33,975.85 2.66%
Other (79) 90.33 47.12% 838,339.05 65.65%
Total 191.69 100.00% 1,277,014.41 100.00%

Consignee Wise (62) F.Y 21-22 (Till Feb’22)

% Share
Consignee Name (Importer from Europe) $-Mil % Share Qty in MT
MT
Ekspogrudas, Uab 25.53 13.32% 182,229.30 14.27%
LLC Transit Service Edzhency 19.45 10.15% 85,859.90 6.72%
Suomen Villava Ou 17.49 9.13% 77,387.61 6.06%
Orsett Trading S.A. 10.34 5.40% 70,562.57 5.53%
Contractor Intergrain Sa 8.99 4.69% 41,580.52 3.26%
St. Suntrade. Sa 7.72 4.03% 37,275.30 2.92%
JSC Ventspils 7.71 4.02% 23,839.09 1.87%
Gtcs Trading Dmcc 7.39 3.86% 34,398.21 2.69%
LLC Alfa Ou 7.04 3.67% 21,315.50 1.67%
Cargill International S A 6.43 3.36% 48,289.07 3.78%
Alpha Ost LLC 6.18 3.23% 23,880.81 1.87%
Other (51) 67.39 35.16% 630,396.54 49.36%
Total 191.69 100.00% 1,277,014.41 100.00%
Country Wise (16) F.Y 21-22 (Till Feb’22)
Country-Europe $-Mil % Share Qty in MT % Share MT
Latvia 60.85 31.74% 450,614.88 35.29%
Greece 31.95 16.67% 188,364.14 14.75%
Albania 21.99 11.47% 131,858.70 10.33%
Italy 16.76 8.74% 121,411.52 9.51%
Finland 15.43 8.05% 70,035.07 5.48%
Switzerland 10.89 5.68% 107,102.35 8.39%
Spain 9.02 4.70% 41,806.04 3.27%
Lithuania 8.54 4.46% 90,457.18 7.08%
Cyprus 8.40 4.38% 40,382.31 3.16%
Other (8) 7.86 4.10% 34,982.22 2.74%
Total 191.69 100.00% 1,277,014.41 100.00%

6
 Export from Ukraine to World (April’21-Feb’22)
Data Source: Volza
HSN Code Product Depiction

Wheat & Meslin

1001990000
(Excluding seed for sowing, and durum wheat)

Shipper Wise (2667) F.Y 21-22 (Till Feb’22)

% Share
Shipper Name (Supplier from Ukraine) $-Mil % Share Qty in MT
MT
Llc Jv Nibulon 496.84 10.92% 1,942,632.29 10.78%
Kernel Trade Ltd 387.52 8.52% 1,485,916.84 8.25%
ADM Ukraine Llc 98.27 2.16% 366,389.93 2.03%
Cofco Agri Limited 90.15 1.98% 337,867.42 1.87%
Llc Adm Ukraine 74.71 1.64% 247,841.76 1.38%
Se Santrade 57.20 1.26% 222,673.52 1.24%
Louis Dreyfus 51.72 1.14% 211,214.82 1.17%
Limited Liability 49.77 1.09% 159,703.35 0.89%
Foreign Investment Enterprise 49.76 1.09% 189,777.13 1.05%
Llc Grayne Power 47.16 1.04% 162,748.52 0.90%
Other (2657) 3,145.23 69.15% 12,692,980.87 70.44%
Total 4,548.34 100.00% 18,019,746.44 100.00%

Consignee Wise (282) F.Y 21-22 (Till Feb’22)

% Share
Consignee Name $-Mil % Share Qty in MT
MT
Inerco Trade 503.24 11.06% 1,996,479.22 11.08%
Nibulon 493.42 10.85% 1,938,571.29 10.76%
Louis Dreyfus Company Suisse 248.70 5.47% 964,348.99 5.35%
Cofco Resources 209.82 4.61% 739,864.06 4.11%
Cargill International 193.81 4.26% 734,011.39 4.07%
ADM International Sarl Global Trade 174.34 3.83% 620,176.02 3.44%
Bunge Sa Route De Florissant 159.73 3.51% 606,342.60 3.36%
Sierentz Global Merchants 144.60 3.18% 547,678.96 3.04%
Viterra B V Blaak 143.04 3.14% 518,702.93 2.88%
CHS Europe Sarl 139.71 3.07% 534,249.80 2.96%
Other (272) 2,137.92 47.00% 8,819,321.19 48.94%
Total 4,548.34 100.00% 1,8019,746.44 100.00%

Country Wise (57) F.Y 21-22 (Till Feb’22)

Country-World Wide $-Mil % Share Qty in MT % Share MT

Indonesia 707.91 15.56% 2,963,892.96 16.45%
Egypt 682.51 15.01% 2,635,115.22 14.62%
Turkey 423.34 9.31% 1,668,064.60 9.26%
Pakistan 319.07 7.02% 1,202,037.21 6.67%
Morocco 208.45 4.58% 755,858.94 4.19%
Saudi Arabia 187.01 4.11% 715,699.88 3.97%
Bangladesh 177.41 3.90% 697,852.80 3.87%
Yemen 168.14 3.70% 648,987.82 3.60%
Ethiopia 155.90 3.43% 587,029.16 3.26%
Lebanon 129.59 2.85% 516,811.51 2.87%
Other (47) 1,388.99 30.54% 5,628,396.35 31.23%
Total 4,548.34 100.00% 18,019,746.44 100.00%