Belarus - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in Belarus - 2022
Contents:
- Preserved Herring Price in Belarus (FOB) - 2022
- Preserved Herring Price in Belarus (CIF) - 2022
- Preserved Herring Exports in Belarus
- Preserved Herring Imports in Belarus
Preserved Herring Price in Belarus (FOB) - 2022
The average preserved herring export price stood at $3,028 per ton in March 2022, falling by -4.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 9.9% month-to-month. Over the period under review, the average export prices attained the maximum at $3,301 per ton in November 2021; however, from December 2021 to March 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In March 2022, the country with the highest price was the United States ($3,460 per ton), while the average price for exports to Russia ($2,987 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Herring Price in Belarus (CIF) - 2022
In March 2022, the average preserved herring import price amounted to $1,759 per ton, shrinking by -18.3% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2021 an increase of 26% against the previous month. The import price peaked at $2,698 per ton in December 2021; however, from January 2022 to March 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to -0.8% per month.
Preserved Herring Exports in Belarus
After three years of growth, overseas shipments of herrings (prepared or preserved) decreased by -0.7% to 29K tons in 2022. The total export volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of 29K tons, leveling off in the following year.
In value terms, preserved herring exports stood at $97M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Preserved Herring in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 55.0 | 60.5 | 76.3 | 81.8 | 14.1% |
| Ukraine | 3.0 | 3.5 | 4.2 | 4.5 | 14.5% |
| Israel | 0.7 | 0.9 | 2.0 | 2.2 | 46.5% |
| Lithuania | 1.0 | 1.5 | 2.0 | 2.1 | 28.1% |
| United States | 1.6 | 1.7 | 1.8 | 1.9 | 5.9% |
| Others | 2.2 | 3.0 | 4.1 | 4.4 | 26.0% |
| Total | 63.5 | 71.0 | 90.4 | 96.9 | 15.1% |
Top Export Markets for Preserved Herring from Belarus in 2022:
- Russia (24.3K tons)
- Ukraine (1.3K tons)
- Lithuania (0.8K tons)
- Israel (0.6K tons)
- United States (0.5K tons)
Preserved Herring Imports in Belarus
In 2022, after two years of decline, there was significant growth in purchases abroad of herrings (prepared or preserved), when their volume increased by 25% to 935 tons. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, preserved herring imports soared to $2.1M in 2022. In general, imports, however, recorded a abrupt slump.
| Import of Preserved Herring in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.6 | 2.0 | 1.6 | 2.1 | -6.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 2.0 | 1.7 | 2.1 | -6.9% |
Top Suppliers of Preserved Herring to Belarus in 2022:
- Russia (935.0 tons)
This report provides an in-depth analysis of the preserved herring 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:
- Prodcom 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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