20 Nov 2015 14:14

Egypt dislodges Turkey as No 1 Russian grain buyer - expert

MOSCOW. Nov 20 (Interfax) - Egypt has replaced Turkey as the No. 1 importer of Russia grain this agricultural year, which began on July 1.

Egypt bought 1.997 million tonnes of Russian wheat in the period July-October, accounting for 15% of all imports of Russian wheat, Igor Pavensky, deputy head of the Strategic Marketing Department at CJSC Rusagrotrans, told Interfax. Turkey bought 1.603 million tonnes (12%).

Pavensky said Egypt has become a leading importer as Russian wheat had been more competitive at GASC tenders. The GASC has, for example, given preference to Russian wheat over French wheat, which won tenders last season.

He said shipments to Turkey had fallen because the harvest there had increased considerably.

In the same period of the last agricultural year, Turkey imported 2.749 million tonnes of grain (14% of imports) and Egypt - 2.093 million tonnes (14%).

Saudi Arabia, which imports mostly barley from Russia, has leapfrogged Iran into third place with 1409 million tonnes (11%). It was fourth last year with 1.039 million tonnes (7%).

Iran imported 965,000 tonnes (7%) compared with 1.368 million tonnes (9%) a year previously.

South Africa, which bought 589,000 tonnes of Russian grain in July-October, rose above Azerbaijan into fifth place. Azerbaijan, which fell to sixth, has had a "slightly better harvest than last year, and what from Kazakhstan, the gross harvest and quality of which has improved, has appeared on that market," Pavensky said.

The top ten importers of Russian wheat also include Bangladesh, Nigeria, Libya and Jordan, which replace Sudan, Yemen, Georgia and Israel from last year.

Pavensky said the ranking did not include the export of 1.3 million tonnes of wheat that has not yet been entered into customs statistics.

Main buyers of Russian grain ('000 tonnes):

Country of destination July-Oct 2015 Share (%) July-Oct 2014 Share (%)
Egypt 1 997 15 2 093 14
Turkey 1 603 12 2 749 18
Saudi Arabia 1 409 11 1 039 7
Iran 965 7 1 368 9
South Africa 589 4 434 3
Azerbaijan 536 4 768 5
Bangladesh 500 4 - -
Nigeria 436 3 240 2
Libya 400 3 - -
Jordan 307 2 325 2
Lebanon 298 2 - -
Israel 281 2 377 3
Yemen 278 2 441 3
Kenya 274 2 245 2
Georgia 257 2 404 3
UAE - - 323 2
Mexico - - 301 2
Other 3 132 24 3 488 23
Total 13 263 100 15 043 100

Main exporters of Russian grain ('000 tonnes):

Company July-Oct 2015 Share (%)
RIF Trading House 1 787 13
International Grain Company 1 228 9
Aston 830 6
Vitalmar-Agro 651 5
Russkiye Masla 599 5
Cargill 509 4
Outspan 499 4
Louis Dreyfus 482 4
Bunge 457 3
Yug Rusi 454 3
KZP-Expo 454 3
Yuzhnaya Syrevaya Kompaniya 408 3
Mirogroup Resources 367 3
Zerbno-Trade 337 3
Yuzhny Tsentr 272 2
Other 3 927 30