Price for Frozen Sheep (Including Lamb) Boneless Cuts in Russia - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Russia (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Russia (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Russia
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Russia
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Russia (FOB) - 2022
In 2022, the average export price for frozen sheep (including lamb) boneless cutses amounted to $4,667 per ton, reducing by -59.9% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2021 when the average export price increased by 79%. Over the period under review, the average export prices attained the peak figure at $13,294 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($12,387 per ton), while the average price for exports to Hong Kong SAR amounted to $4,648 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.1%).
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Russia (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) boneless cutses amounted to $6,287 per ton, with a decrease of -20.5% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 an increase of 26%. As a result, import price reached the peak level of $7,906 per ton, and then reduced rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Uruguay.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +7.9% per year.
Exports of Frozen Sheep (Including Lamb) Boneless Cuts in Russia
Exports of frozen sheep (including lamb) boneless cutses from Russia soared to 122 tons in 2022, with an increase of 3,130% on the previous year. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen sheep (including lamb) boneless cutses surged to $571K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Boneless Cuts in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 568 | 0% |
| Kazakhstan | 69.1 | 67.7 | 0.6 | 1.2 | -74.1% |
| Belarus | 60.2 | 41.1 | 43.0 | N/A | -15.5% |
| Others | N/A | N/A | 0.5 | 2.7 | 440.0% |
| Total | 129 | 109 | 44.1 | 571 | 64.2% |
Top Export Markets for Frozen Sheep (Including Lamb) Boneless Cuts from Russia in 2022:
- Hong Kong SAR (122.1 tons)
- Kazakhstan (0.1 tons)
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Russia
For the third consecutive year, Russia recorded decline in supplies from abroad of frozen sheep (including lamb) boneless cutses, which decreased by -84.4% to 14 tons in 2022. Over the period under review, imports recorded a sharp decrease. The smallest decline of -37.6% was in 2020.
In value terms, imports of frozen sheep (including lamb) boneless cutses dropped dramatically to $86K in 2022. Overall, imports showed a precipitous setback. The smallest decline of -36.8% was in 2020.
| Import of Frozen Sheep (Including Lamb) Boneless Cuts in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 55.9 | 86.8 | 33.3 | 84.0 | 14.5% |
| Turkey | 71.1 | 16.7 | 0.7 | 2.2 | -68.6% |
| Kazakhstan | 786 | 188 | 52.8 | N/A | -74.1% |
| New Zealand | 565 | 483 | 278 | N/A | -29.9% |
| Australia | 713 | 647 | 322 | N/A | -32.8% |
| Others | 59.6 | N/A | 7.2 | 0.1 | -88.1% |
| Total | 2,250 | 1,421 | 694 | 86.3 | -66.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Russia in 2022:
- Uruguay (28.5 tons)
- Turkey (0.3 tons)
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