Belarus - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belarus - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Canned Vegetable Price in Belarus - 2022

Contents:

  1. Canned Vegetable Price in Belarus (CIF) - 2022
  2. Canned Vegetable Price in Belarus (FOB) - 2022
  3. Canned Vegetable Imports in Belarus
  4. Canned Vegetable Exports in Belarus

Canned Vegetable Price in Belarus (CIF) - 2022

In March 2022, the average canned vegetable import price amounted to $1,478 per ton, which is down by -18.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $2,037 per ton. From February 2022 to March 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Moldova ($14,286 per ton), while the price for Poland ($582 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Moldova (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Canned Vegetable Price in Belarus (FOB) - 2022

In March 2022, the average canned vegetable export price amounted to $1,252 per ton, which is down by -35% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2022 an increase of 53% m-o-m. As a result, the export price reached the peak level of $2,922 per ton. From February 2022 to March 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Ukraine ($4,287 per ton), while the average price for exports to Russia stood at $1,164 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.5%).

Canned Vegetable Imports in Belarus

In 2022, supplies from abroad of canned vegetables decreased by -52% to 17K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 6.8%. As a result, imports reached the peak of 39K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canned vegetable imports declined markedly to $24M in 2022. In general, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 0.1% against the previous year. As a result, imports attained the peak of $60M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Canned Vegetable in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia39.143.543.616.5-25.0%
Spain6.45.44.42.0-32.1%
Ukraine3.62.93.71.4-27.0%
Moldova4.43.92.01.3-33.4%
Serbia1.2N/A1.30.5-25.3%
Poland0.80.91.10.4-20.6%
Hungary1.60.4N/A0.3-42.8%
Others2.92.92.81.3-23.5%
Total60.060.059.123.7-26.6%

Top Suppliers of Canned Vegetable to Belarus in 2022:

  1. Russia (11.2K tons)
  2. Moldova (1.8K tons)
  3. Spain (1.3K tons)
  4. Ukraine (0.7K tons)
  5. Serbia (0.6K tons)
  6. Poland (0.4K tons)
  7. Hungary (0.3K tons)

Canned Vegetable Exports in Belarus

In 2022, after three years of growth, there was decline in shipments abroad of canned vegetables, when their volume decreased by -1% to 31K tons. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 4%. As a result, the exports reached the peak of 31K tons, leveling off in the following year.

In value terms, canned vegetable exports reached $60M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Canned Vegetable in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia28.934.647.449.419.6%
Ukraine6.06.98.28.612.7%
Kazakhstan1.11.41.21.22.9%
Others0.90.70.50.7-8.0%
Total36.943.657.459.917.5%

Top Export Markets for Canned Vegetable from Belarus in 2022:

  1. Russia (27.3K tons)
  2. Ukraine (2.3K tons)
  3. Kazakhstan (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the canned vegetable market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 472 - Vegetables, Preserved nes (O/T vinegar)

Country coverage:

  • Belarus

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belarus
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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