CIS: Bacon And Ham Market 2024

Bacon And Ham Market Size in CIS

In 2022, after two years of growth, there was decline in the CIS bacon and ham market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Bacon And Ham Production in CIS

In value terms, bacon and ham production totaled $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Bacon And Ham Exports

Exports in CIS

In 2022, shipments abroad of bacon, ham and other dried, salted or smoked pig meat increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, bacon and ham exports soared to $X in 2022. Overall, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X tons), constituting a X% share of total exports. Kazakhstan (X tons) and Kyrgyzstan (X tons) held a little share of total exports.

Exports from Belarus decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Kazakhstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.), Kazakhstan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest bacon and ham supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

In Belarus, bacon and ham exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, rising by X% against the previous year. Overall, the export price continues to indicate slight growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Bacon And Ham Imports

Imports in CIS

After three years of growth, purchases abroad of bacon, ham and other dried, salted or smoked pig meat decreased by X% to X tons in 2022. Overall, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, bacon and ham imports contracted to $X in 2022. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Russia was the largest importer of bacon, ham and other dried, salted or smoked pig meat in the CIS, with the volume of imports recording X tons, which was near X% of total imports in 2022. Moldova (X tons) ranks second in terms of the total imports with a X% share, followed by Belarus (X%) and Kazakhstan (X%). The following importers - Armenia (X tons) and Azerbaijan (X tons) - together made up X% of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%), Moldova (X%), Azerbaijan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Moldova, Belarus, Kazakhstan, Armenia and Azerbaijan increased by X, X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported bacon, ham and other dried, salted or smoked pig meat in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Moldova, with an X% share.

In Russia, bacon and ham imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Moldova (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bacon and ham import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform