CIS: Poultry Fat Market 2020

Poultry Fat Market Size in CIS

The revenue of the poultry fat market in CIS amounted to $X in 2017, lowering by -X% against the previous year. The poultry fat consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. Over the period under review, the poultry fat market reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Poultry Fat Production in CIS

In 2017, the amount of fats of poultry produced in CIS stood at X tons, remaining relatively unchanged against the previous year. The poultry fat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% year-to-year. Over the period under review, the poultry fat production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Poultry Fat Exports in CIS

In 2017, the amount of fats of poultry exported in CIS totaled X tons, falling by -X% against the previous year. The poultry fat exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2013, when exports increased by X% y-o-y. Over the period under review, the poultry fat exports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, poultry fat exports totaled $X in 2017. The poultry fat exports continue to indicate a drastic drop. Over the period under review, the poultry fat exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Poultry Fat Exports by Country in CIS

Belarus was the key exporter of fats of poultry in CIS, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Russia (X tons) ranks second in terms of the global exports with a X% share, followed by Kazakhstan (X%).

From 2007 to 2017, average annual rates of growth with regard to poultry fat exports from Belarus stood at -X%. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Belarus and Russia increased by X% and X% percentage points, while Kazakhstan (-X%) saw their share reduced.

In value terms, Belarus ($X) remains the largest poultry fat supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Russia, with a X% share.

In Belarus, poultry fat exports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Russia (-X% per year).

Poultry Fat Export Prices by Country in CIS

In 2017, the poultry fat export price in CIS amounted to $X per ton, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Poultry Fat Imports in CIS

In 2017, poultry fat imports in CIS amounted to X tons, falling by -X% against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the poultry fat imports decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2008, when imports increased by X% year-to-year. Over the period under review, the poultry fat imports reached its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, poultry fat imports totaled $X in 2017. The poultry fat imports continue to indicate a relatively flat trend pattern. Over the period under review, the poultry fat imports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Poultry Fat Imports by Country in CIS

The countries with the highest levels of poultry fat imports in 2017 were Russia (X tons), together recording X% of total import.

Russia was also the fastest growing in terms of the fats of poultry imports, with a CAGR of +X% from 2007 to 2017. While the share of Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported fats of poultry in CIS.

From 2007 to 2017, the average annual growth rate of value in Russia totaled +X%.

Poultry Fat Import Prices by Country in CIS

In 2017, the poultry fat import price in CIS amounted to $X per ton, increasing by X% against the previous year. The poultry fat import price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for fats of poultry reached its maximum level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by import prices for Russia.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (-X% per year).

Source: IndexBox Platform