Eastern Europe: Beef Market 2024

Beef Market Size in Eastern Europe

The East European beef market dropped modestly to $X in 2022, declining by X% against the previous year. In general, consumption recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Beef Production in Eastern Europe

In value terms, beef production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. 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 attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Russia (X tons) remains the largest beef producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, beef production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), threefold. The third position in this ranking was held by Belarus (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Russia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Poland (X% per year) and Belarus (X% per year).

The average beef yield shrank slightly to X kg per head in 2022, approximately reflecting 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of yield peaked at X kg per head in 2021, and then shrank modestly in the following year.

In 2022, number of animals slaughtered for beef production in Eastern Europe totaled X heads, therefore, remained relatively stable against the previous year. In general, the number of producing animals, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the number of producing animals increased by X%. As a result, the amount of animals produced attained the peak level of X heads. From 2015 to 2022, the growth of this number failed to regain momentum.

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Beef Exports

Exports in Eastern Europe

In 2022, shipments abroad of beef (cattle meat) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, beef exports surged to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Poland represented the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Belarus (X tons) and Lithuania (X tons), together making up a X% share of total exports. Russia (X tons), Ukraine (X tons), the Czech Republic (X tons) and Latvia (X tons) held a minor share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), the Czech Republic (X%), Belarus (X%), Lithuania (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Ukraine experienced a relatively flat trend pattern. From 2012 to 2022, the share of Russia and Belarus increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest beef supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

In Poland, 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 Russia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Russia ($X per ton) and Poland ($X per ton), while Ukraine ($X per ton) and Latvia ($X per ton) were amongst the lowest.

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

Beef Imports

Imports in Eastern Europe

In 2022, overseas purchases of beef (cattle meat) decreased by X% to X tons, falling for the ninth consecutive year after two years of growth. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, beef imports contracted to $X in 2022. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia was the key importing country with an import of around X tons, which reached X% of total imports. The Czech Republic (X tons) ranks second in terms of the total imports with a X% share, followed by Poland (X%), Romania (X%), Slovakia (X%) and Hungary (X%). Lithuania (X tons) took a relatively small share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%), Slovakia (X%), Poland (X%), the Czech Republic (X%), Romania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic (X p.p.), Poland (X p.p.), Romania (X p.p.), Slovakia (X p.p.), Hungary (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported beef (cattle meat) in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total imports. It was followed by Poland, with an X% share.

In Russia, beef imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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