Belarus: Market for Prepared Or Preserved Crab Meat 2023

Market Size for Prepared Or Preserved Crab Meat in Belarus

The Belarusian market for prepared or preserved crab meat reached $X in 2021, remaining constant against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Belarus

In value terms, prepared or preserved crab meat production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 21%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports from Belarus

After three years of growth, shipments abroad of prepared or preserved crab meat decreased by -42% to X tons in 2021. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 350%. Over the period under review, the exports hit record highs at X tons in 2020, and then shrank sharply in the following year.

In value terms, prepared or preserved crab meat exports dropped to $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 365% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then dropped in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for prepared or preserved crab meat exports from Belarus, with a 84% share of total exports. Moreover, prepared or preserved crab meat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Ukraine (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +44.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Qatar (0.0% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for prepared or preserved crab meat exports from Belarus, comprising 72% of total exports. The second position in the ranking was held by Qatar ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +87.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (0.0% per year) and Ukraine (0.0% per year).

Export Prices by Country

In 2021, the average export price for prepared or preserved crab meat amounted to $X per ton, jumping by 63% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+29.8%).

Imports of Prepared Or Preserved Crab Meat

Imports into Belarus

In 2021, after three years of growth, there was significant decline in supplies from abroad of prepared or preserved crab meat, when their volume decreased by -31.7% to X kg. Overall, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 178%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports reduced to $X in 2021. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 72% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X kg) was the main prepared or preserved crab meat supplier to Belarus, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at -8.1%.

In value terms, Russia ($X) constituted the largest supplier of prepared or preserved crab meat to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -9.7%.

Import Prices by Country

In 2021, the average import price for prepared or preserved crab meat amounted to $X per ton, rising by 28% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -1.8% per year.

Source: IndexBox Platform

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