Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus - 2022

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (FOB) - 2022
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (CIF) - 2022
  3. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus
  4. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (FOB) - 2022

In March 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $564 per ton, reducing by -23.9% against the previous month. Over the period under review, the export price recorded a slight curtailment. The growth pace was the most rapid in September 2021 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $809 per ton. From October 2021 to March 2022, the the average export prices failed to regain momentum.

As there is only one major export destination, 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 -2.1% per month.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (CIF) - 2022

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,312 per ton in March 2022, with an increase of 46% against the previous month. In general, import price indicated noticeable growth from March 2021 to March 2022: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen increased by +93.4% against January 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($1,486 per ton), while the price for Poland ($721 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 Turkey (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus

In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen exported from Belarus shrank dramatically to 4.2K tons, reducing by -87% on 2021. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 0.5% against the previous year.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen declined remarkably to $18M in 2022. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1% against the previous year.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A18.00%
Russia39.723.623.5N/A-23.1%
Others0.50.20.5N/A0.0%
Total40.223.724.018.0-23.5%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Belarus in 2022:

  1. United Arab Emirates (4.2K tons)

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus

Imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into Belarus reduced notably to 11K tons in 2022, which is down by -66% compared with the previous year. Over the period under review, imports recorded a significant contraction. The smallest decline of -8.7% was in 2021.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen shrank significantly to $9.7M in 2022. Overall, imports recorded a precipitous setback. The smallest decline of -7% was in 2021.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.314.911.75.4-43.1%
Poland8.68.19.62.9-30.4%
Ukraine4.72.62.40.9-42.4%
Others1.91.11.10.4-40.5%
Total44.526.624.89.7-39.8%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Belarus in 2022:

  1. China (6.6K tons)
  2. Poland (2.6K tons)
  3. Ukraine (1.1K tons)

Source: IndexBox Market Intelligence Platform

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