Price for Insects; Live, Other than Bees in Ukraine - 2022
Contents:
- Price for Insects; Live, Other than Bees in Ukraine (FOB) - 2022
- Price for Insects; Live, Other than Bees in Ukraine (CIF) - 2022
- Exports of Insects; Live, Other than Bees in Ukraine
- Imports of Insects; Live, Other than Bees in Ukraine
Price for Insects; Live, Other than Bees in Ukraine (FOB) - 2022
The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, increasing by 39% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia (less than $0.1 per thousand units), while the average price for exports to Poland stood at less than $0.1 per thousand units.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+31.8%).
Price for Insects; Live, Other than Bees in Ukraine (CIF) - 2022
In 2022, the average import price for insects; live, other than beeses amounted to less than $0.1 per thousand units, with a decrease of -51% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 151% against the previous year. As a result, import price attained the peak level of less than $0.1 per thousand units. From 2019 to 2022, the average import prices failed to regain momentum.
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 Slovakia ($0.1 per thousand units), while the price for Belgium (less than $0.1 per thousand units) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+60.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Insects; Live, Other than Bees in Ukraine
In 2022, the amount of insects; live, other than beeses exported from Ukraine declined significantly to 193B units, waning by -78.3% against the previous year's figure. In general, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, the exports reached the peak figure at 1,218B units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, insects; live, other than bees exports fell notably to $929K in 2022. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.3%. As a result, the exports reached the peak of $3.1M, and then dropped significantly in the following year.
| Export of Insects; Live, Other than Bees in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.6 | 2.5 | 0.9 | 0.5 | -42.3% |
| Poland | 0.2 | N/A | 1.0 | 0.4 | 26.0% |
| Others | 0.2 | 0.3 | 1.2 | N/A | 144.9% |
| Total | 3.0 | 2.8 | 3.1 | 0.9 | -33.1% |
Top Export Markets for Insects; Live, Other than Bees from Ukraine in 2022:
- Poland (135.8B units)
- Russia (56.2B units)
Imports of Insects; Live, Other than Bees in Ukraine
After three years of growth, overseas purchases of insects; live, other than beeses decreased by -37.1% to 33B units in 2022. In general, imports faced a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 9%. Over the period under review, imports attained the peak figure at 53B units in 2021, and then shrank significantly in the following year.
In value terms, insects; live, other than bees imports shrank sharply to $230K in 2022. Over the period under review, imports showed a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 28%. Imports peaked at $746K in 2021, and then shrank notably in the following year.
| Import of Insects; Live, Other than Bees in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 34.7 | 55.1 | 61.5 | 95.8 | 40.3% |
| United Kingdom | 239 | 503 | 577 | 82.5 | -29.9% |
| Netherlands | 92.8 | 8.4 | 58.0 | 21.4 | -38.7% |
| Kazakhstan | N/A | N/A | N/A | 17.7 | 0% |
| Slovakia | 77.5 | 21.4 | N/A | 12.3 | -45.9% |
| Poland | 26.3 | 37.6 | 7.4 | N/A | -47.0% |
| Others | 36.4 | 23.6 | 41.9 | N/A | 7.3% |
| Total | 506 | 649 | 746 | 230 | -23.1% |
Top Suppliers of Insects; Live, Other than Bees to Ukraine in 2022:
- Belgium (23.6B units)
- United Kingdom (8.6B units)
- Kazakhstan (0.6B units)
- Netherlands (0.6B units)
- Slovakia (0.2B units)
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