Serbia: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   RB2023-0001

Serbian grain exports were significantly affected by the Russia-Ukraine war in 2022 because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports. Serbia’s government imposed an export ban and export quotas on wheat, wheat flour, rye, corn, cornmeal, and sunflower oil for almost five months. It is estimated that MY2022/23 grain exports will reach record low levels due to the five-month export ban, high domestic prices compared to world prices, the ban on river transportation, and a significant summer drought that reduced crops in Serbia at a value of nearly $1 billion. In MY2022/23 wheat production is estimated to be 3.6 MMT, with domestic consumption of approximately 1.7 MMT. Serbia is estimated to have 1.8 MMT of wheat available for export. In MY2022/23 corn production was around 5 MMT which meets domestic demand (4.2 MMT) and allows for 1 MMT of corn exports. In MY2022/23 corn exports were low due to the reduced production, high prices and government limitations in exports.

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