CIS: Preserved Beef Market 2024

Preserved Beef Market Size in CIS

In 2022, the CIS preserved beef market increased by X% to $X, rising for the seventh year in a row after two years of decline. Over the period under review, consumption posted a resilient increase. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Preserved Beef Production in CIS

In value terms, preserved beef production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Preserved Beef Exports

Exports in CIS

In 2022, shipments abroad of beef and veal (salted, in brine, dried or smoked) increased by X% to X tons, rising for the fifth consecutive year after three years of decline. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, preserved beef exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Belarus (X tons) and Azerbaijan (X tons) held a little share of total exports.

Russia was also the fastest-growing in terms of the beef and veal (salted, in brine, dried or smoked) exports, with a CAGR of X% from 2012 to 2022. Azerbaijan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Azerbaijan increased by X and X percentage points, respectively.

In value terms, Russia ($X) emerged as the largest preserved beef supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, preserved beef exports increased at 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 Azerbaijan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Azerbaijan ($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 a decline in the export price figures.

Preserved Beef Imports

Imports in CIS

For the third consecutive year, the CIS recorded decline in overseas purchases of beef and veal (salted, in brine, dried or smoked), which decreased by X% to X tons in 2022. In general, imports faced a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved beef imports declined markedly to $X in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of preserved beef imports in 2022 were Moldova (X tons), Russia (X tons), Kazakhstan (X tons) and Azerbaijan (X tons), together finishing at X% of total import. It was distantly followed by Uzbekistan (X kg) and Belarus (X kg), together making up a X% share of total imports. Armenia (X kg) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Kazakhstan ($X) and Azerbaijan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Belarus, Russia, Armenia and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Moldova ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :