Russian Grain and Logistics Results and Forecasts, 2015-2025

Being a major wheat producer in the Black Sea region, in 2020 Russia harvested the second record high grain crop of 130 MMT. According to strategic plans, such volumes were planned to be reached by 2030 only. Grain production in regions far from the South looks more and more attractive. In 2020, the largest increase in yield was shown by the Center, the Volga region and the Urals. The main consumers of Russian grain are the MENA countries (the Middle East and North Africa), but exporters are actively working in other areas – Central Africa, Asia and even South America. The use of larger tonnage and, as a result, highly efficient deep-water terminals become even more urgent. Meanwhile, Novorossiysk grain terminals keep updating monthly records for grain export transshipment, which indicates a growing demand for grain transshipment services. Competition in the grain transshipment market continues to grow due to modernization of existing facilities, however, this sector remains attractive for investment.