Russian Federation - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Pork Cut Price in Russia - 2022

Contents:

  1. Frozen Pork Cut Price in Russia (FOB) - 2022
  2. Frozen Pork Cut Price in Russia (CIF) - 2022
  3. Frozen Pork Cut Exports in Russia
  4. Frozen Pork Cut Imports in Russia

Frozen Pork Cut Price in Russia (FOB) - 2022

In January 2022, the average frozen pork cut export price amounted to $2,702 per ton, declining by -5.1% against the previous month. Overall, export price indicated a tangible expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, frozen pork cut export price decreased by -17.4% against October 2021 indices. The most prominent rate of growth was recorded in June 2021 when the average export price increased by 19% against the previous month. Over the period under review, the average export prices hit record highs at $3,270 per ton in October 2021; however, from November 2021 to January 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In January 2022, the highest price was recorded for prices to Japan ($2,785 per ton) and Mongolia ($2,766 per ton), while the average price for exports to Kazakhstan ($2,551 per ton) and Ukraine ($2,607 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Pork Cut Price in Russia (CIF) - 2022

In 2022, the average frozen pork cut import price amounted to $1,792 per ton, which is down by -1.9% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $2,848 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,803 per ton), while the price for Chile stood at $1,781 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Pork Cut Exports in Russia

In 2022, overseas shipments of frozen hams, shoulders and cuts of pig meat decreased by -81.4% to 1.3K tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 323%. As a result, the exports reached the peak of 8.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen pork cut exports declined dramatically to $6.7M in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 394%.

Export of Frozen Pork Cut in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mongolia8626652,4364,47473.1%
Kazakhstan2234496441,883103.6%
Ukraine5128661,066209-25.8%
Japan28334719086.3-32.7%
China104268187N/A34.1%
Others3208,79610,4283.0-78.9%
Total2,30411,39114,9516,65642.4%

Top Export Markets for Frozen Pork Cut from Russia in 2022:

  1. Mongolia (844.6 tons)
  2. Kazakhstan (385.5 tons)
  3. Japan (62.5 tons)
  4. Ukraine (41.9 tons)

Frozen Pork Cut Imports in Russia

In 2022, after two years of decline, there was significant growth in supplies from abroad of frozen hams, shoulders and cuts of pig meat, when their volume increased by 123% to 896 tons. In general, imports, however, faced a precipitous slump.

In value terms, frozen pork cut imports surged to $1.6M in 2022. Overall, imports, however, saw a sharp curtailment.

Import of Frozen Pork Cut in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5.11.50.50.9-43.9%
Chile5.21.00.20.8-46.4%
Brazil0.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.82.50.71.6-47.1%

Top Suppliers of Frozen Pork Cut to Russia in 2022:

  1. Argentina (473.2 tons)
  2. Chile (422.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen pork cut market in the Russian Federation. 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:

  • Prodcom 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, PRODUCING ANIMALS AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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