Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus - 2022

Contents:

  1. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (FOB) - 2022
  2. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (CIF) - 2022
  3. Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus
  4. Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (FOB) - 2022

The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,447 per ton in March 2022, shrinking by -16.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2021 when the average export price increased by 5.8% against the previous month. The export price peaked at $4,155 per ton in December 2021; however, from January 2022 to March 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In March 2022, the countries with the highest prices were Azerbaijan ($3,639 per ton) and Uzbekistan ($3,509 per ton), while the average price for exports to Russia ($3,287 per ton) and Kazakhstan ($3,346 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (CIF) - 2022

The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,122 per ton in 2022, which is down by -9.5% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $5,289 per ton in 2012; however, from 2013 to 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 Ukraine.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to -2.8% per year.

Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus

In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat exported from Belarus contracted notably to 21K tons, reducing by -53.9% against the previous year's figure. Overall, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.

In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat contracted rapidly to $90M in 2022. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.

Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan44.761.664.132.0-10.5%
Uzbekistan17.123.659.529.720.2%
Russia93.224.727.423.8-36.6%
Kyrgyzstan2.22.14.82.42.9%
Azerbaijan3.53.63.31.7-21.4%
Others0.43.10.80.720.5%
Total16111916090.3-17.5%

Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Belarus in 2022:

  1. Kazakhstan (7.8K tons)
  2. Uzbekistan (6.6K tons)
  3. Russia (5.6K tons)
  4. Kyrgyzstan (0.6K tons)
  5. Azerbaijan (0.4K tons)

Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus

In 2022, approx. 33 tons of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were imported into Belarus; falling by -84.4% compared with the previous year. In general, imports recorded a dramatic setback. The smallest decline of -83% was in 2020.

In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat contracted dramatically to $104K in 2022. Overall, imports saw a dramatic setback. The smallest decline of -81.9% was in 2020.

Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine31.75.10.60.1-85.3%
Others0.10.60.2N/A41.4%
Total31.75.80.70.1-85.3%

Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Belarus in 2022:

  1. Ukraine (33.0 tons)

Source: IndexBox Market Intelligence Platform

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