Price for Meat of Bovine Animals; Frozen in Belarus - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Belarus (FOB) - 2022
- Price for Meat of Bovine Animals; Frozen in Belarus (CIF) - 2022
- Exports of Meat of Bovine Animals; Frozen in Belarus
- Imports of Meat of Bovine Animals; Frozen in Belarus
Price for Meat of Bovine Animals; Frozen in Belarus (FOB) - 2022
The average export price for meat of bovine animals; frozen stood at $4,152 per ton in March 2022, declining by -5.3% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in November 2021 an increase of 6.2% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,523 per ton in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($5,255 per ton), while the average price for exports to Kazakhstan ($3,148 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Belarus (CIF) - 2022
The average import price for meat of bovine animals; frozen stood at $4,461 per ton in March 2022, declining by -10.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 17% month-to-month. As a result, import price attained the peak level of $5,654 per ton. From February 2022 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($6,958 per ton), while the price for Russia ($4,079 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Meat of Bovine Animals; Frozen in Belarus
For the fourth year in a row, Belarus recorded growth in overseas shipments of meat of bovine animals; frozen, which increased by 54% to 124K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat of bovine animals; frozen exports skyrocketed to $593M in 2022. 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.
| Export of Meat of Bovine Animals; Frozen in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 147 | 150 | 151 | 286 | 24.8% |
| China | 33.5 | 27.5 | 127 | 239 | 92.5% |
| Kazakhstan | 21.9 | 19.2 | 19.3 | 37.4 | 19.5% |
| Uzbekistan | 1.0 | 18.3 | 14.2 | 26.9 | 199.6% |
| Others | 1.3 | 1.6 | 1.9 | 3.5 | 39.1% |
| Total | 205 | 216 | 314 | 593 | 42.5% |
Top Export Markets for Meat of Bovine Animals; Frozen from Belarus in 2022:
- Russia (59.7K tons)
- China (47.4K tons)
- Kazakhstan (9.7K tons)
- Uzbekistan (6.4K tons)
Imports of Meat of Bovine Animals; Frozen in Belarus
In 2022, approx. 6.2K tons of meat of bovine animals; frozen were imported into Belarus; increasing by 4.1% compared with the previous year's figure. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, meat of bovine animals; frozen imports skyrocketed to $32M in 2022. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Meat of Bovine Animals; Frozen in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 14.9 | 7.9 | 13.1 | 17.3 | 5.1% |
| Russia | 6.0 | 5.3 | 8.2 | 10.9 | 22.0% |
| Italy | 0.4 | 0.6 | 3.1 | 4.1 | 117.2% |
| Others | 0.8 | 0.4 | 0.3 | N/A | -38.8% |
| Total | 22.0 | 14.3 | 24.7 | 32.3 | 13.7% |
Top Suppliers of Meat of Bovine Animals; Frozen to Belarus in 2022:
- Ukraine (3.6K tons)
- Russia (1.9K tons)
- Italy (0.7K tons)
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