Insects; Live, Bees Price in Ukraine - 2023

Contents:

  1. Insects; Live, Bees Price in Ukraine (CIF) - 2022
  2. Insects; Live, Bees Price in Ukraine (FOB) - 2022
  3. Insects; Live, Bees Imports in Ukraine
  4. Insects; Live, Bees Exports in Ukraine

Insects; Live, Bees Price in Ukraine (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.2 per unit, falling by -26.1% against the previous year. Overall, the import price showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. The import price peaked at $5.2 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2.2 per unit), while the price for Spain ($0.2 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+90.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Insects; Live, Bees Price in Ukraine (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $0.2 per unit, increasing by 406% against the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($0.2 per unit), while the average price for exports to Russia (less than $0.1 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-5.8%), while the prices for the other major destinations experienced a decline.

Insects; Live, Bees Imports in Ukraine

After three years of growth, supplies from abroad of insects; live, beeses decreased by -60% to 784K units in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. Over the period under review, imports reached the peak figure at 2M units in 2021, and then dropped markedly in the following year.

In value terms, insects; live, bees imports reduced notably to $174K in 2022. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports attained the peak of $588K, and then dropped notably in the following year.

Import of Insects; Live, Bees in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/A132268128-1.5%
Belgium82.697.917216.8-41.2%
Spain3.4N/AN/A12.052.3%
PolandN/AN/A26.49.5-64.0%
TurkeyN/AN/A1217.3-94.0%
Others50.740.6N/AN/A-19.9%
Total1372715881748.3%

Top Suppliers of Insects; Live, Bees to Ukraine in 2022:

  1. Slovakia (621.5K units)
  2. Spain (77.8K units)
  3. Belgium (47.0K units)
  4. Poland (34.8K units)
  5. Turkey (3.4K units)

Insects; Live, Bees Exports in Ukraine

In 2022, the amount of insects; live, beeses exported from Ukraine contracted dramatically to 2M units, shrinking by -87.6% on 2021. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 208% against the previous year. As a result, the exports attained the peak of 16M units, and then declined notably in the following year.

In value terms, insects; live, bees exports shrank sharply to $310K in 2022. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of 242%. As a result, the exports attained the peak of $493K, and then declined markedly in the following year.

Export of Insects; Live, Bees in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.10.691.12811311.1%
Russia1551392799.8-60.2%
Moldova50.04.860.35.4-52.4%
Others0.6N/A63.213.8184.4%
Total20614449331014.6%

Top Export Markets for Insects; Live, Bees from Ukraine in 2022:

  1. Canada (1309.8K units)
  2. Russia (533.0K units)
  3. Moldova (83.0K units)

Source: IndexBox Market Intelligence Platform

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