Price for Homogenised Composite Food Preparations in Belarus - 2022

Contents:

1. Price for Homogenised Composite Food Preparations in Belarus (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Belarus (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Belarus
4. Imports of Homogenised Composite Food Preparations in Belarus

Price for Homogenised Composite Food Preparations in Belarus (FOB) - 2022

The average homogenised composite food preparations export price stood at $2,650 per ton in March 2022, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in November 2021 when the average export price increased by 15% month-to-month. The export price peaked at $4,186 per ton in April 2021; however, from May 2021 to March 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,658 per ton), while the average price for exports to Mongolia stood at $1,688 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.3%).

Price for Homogenised Composite Food Preparations in Belarus (CIF) - 2022

In March 2022, the average homogenised composite food preparations import price amounted to $4,623 per ton, shrinking by -12.9% against the previous month. In general, the import price continues to indicate a mild descent. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 16% month-to-month. The import price peaked at $6,659 per ton in November 2021; however, from December 2021 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 -1.7% per month.

Exports of Homogenised Composite Food Preparations in Belarus

In 2022, approx. 1.9K tons of homogenised composite food preparationses were exported from Belarus; rising by 339% against the previous year. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, homogenised composite food preparations exports soared to $4.2M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Homogenised Composite Food Preparations from Belarus in 2022:

1. Russia (1819.2 tons)
2. Ukraine (78.6 tons)

Imports of Homogenised Composite Food Preparations in Belarus

In 2022, imports of homogenised composite food preparationses into Belarus surged to 246 tons, increasing by 22% on 2021 figures. Overall, imports, however, saw a deep setback.

In value terms, homogenised composite food preparations imports stood at $1.3M in 2022. In general, imports, however, recorded a deep slump.

Top Suppliers of Homogenised Composite Food Preparations to Belarus in 2022:

1. Russia (246.0 tons)