Price for Meat of Bovine Animals; Fresh or Chilled in Belarus - 2022

Contents:

1. Price for Meat of Bovine Animals; Fresh or Chilled in Belarus (FOB) - 2022
2. Price for Meat of Bovine Animals; Fresh or Chilled in Belarus (CIF) - 2022
3. Exports of Meat of Bovine Animals; Fresh or Chilled in Belarus
4. Imports of Meat of Bovine Animals; Fresh or Chilled in Belarus

Price for Meat of Bovine Animals; Fresh or Chilled in Belarus (FOB) - 2022

The average export price for meat of bovine animals; fresh or chilled stood at $3,685 per ton in March 2022, falling by -16% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 6.5% against the previous month. The export price peaked at $4,510 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 foreign markets. In March 2022, the countries with the highest prices were Russia ($3,959 per ton) and Azerbaijan ($3,639 per ton), while the average price for exports to Kazakhstan ($3,217 per ton) and Uzbekistan ($3,509 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 Meat of Bovine Animals; Fresh or Chilled in Belarus (CIF) - 2022

The average import price for meat of bovine animals; fresh or chilled stood at $3,419 per ton in 2022, declining by -50.5% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 103%. As a result, import price reached the peak level of $6,904 per ton, and then contracted markedly in the following year.

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 Russia ($12,704 per ton), while the price for Ukraine amounted to $3,099 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the prices for the other major suppliers experienced a decline.

Exports of Meat of Bovine Animals; Fresh or Chilled in Belarus

In 2022, shipments abroad of meat of bovine animals; fresh or chilled decreased by -52.4% to 36K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 1.6% against the previous year. As a result, the exports attained the peak of 85K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of meat of bovine animals; fresh or chilled contracted markedly to $166M in 2022. In general, exports saw a deep setback. The smallest decline of -0.9% was in 2021.

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Belarus in 2022:

1. Russia (19.8K tons)
2. Kazakhstan (8.4K tons)
3. Uzbekistan (6.7K tons)
4. Kyrgyzstan (1.0K tons)

Imports of Meat of Bovine Animals; Fresh or Chilled in Belarus

In 2022, overseas purchases of meat of bovine animals; fresh or chilled were finally on the rise to reach 445 tons after two years of decline. Over the period under review, imports, however, faced a sharp reduction.

In value terms, imports of meat of bovine animals; fresh or chilled declined dramatically to $1.5M in 2022. Overall, imports, however, continue to indicate a dramatic descent.

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Belarus in 2022:

1. Ukraine (430.0 tons)
2. Russia (14.8 tons)

Source: IndexBox Market Intelligence Platform