Russian Federation: Market for Prepared or Preserved Meat 2024

Market Size for Prepared or Preserved Meat in the Russian Federation

The Russian prepared or preserved meat market declined to $X in 2022, dropping by X% against the previous year. Over the period under review, the total consumption indicated tangible growth 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, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Prepared or Preserved Meat in the Russian Federation

In value terms, prepared or preserved meat production dropped slightly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced expansion 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Prepared or Preserved Meat

Exports from the Russian Federation

In 2022, shipments abroad of prepared or preserved meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated notable growth from 2012 to 2022: its volume 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 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, prepared or preserved meat exports expanded significantly to $X in 2022. Over the period under review, total exports indicated a strong expansion 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 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X tons) was the main destination for prepared or preserved meat exports from Russia, accounting for a X% share of total exports. Moreover, prepared or preserved meat exports to Kazakhstan exceeded the volume sent to the second major destination, Tajikistan (X tons), sixfold. The third position in this ranking was held by Azerbaijan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (X% per year) and Azerbaijan (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for prepared or preserved meat exports from Russia, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The average prepared or preserved meat export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, export price indicated a temperate increase 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, prepared or preserved meat export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Meat

Imports into the Russian Federation

In 2022, purchases abroad of prepared or preserved meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, prepared or preserved meat imports contracted dramatically to $X in 2022. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Serbia (X tons) constituted the largest supplier of prepared or preserved meat to Russia, with a X% share of total imports. Moreover, prepared or preserved meat imports from Serbia exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), twofold. Kazakhstan (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Serbia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and Kazakhstan (X% per year).

In value terms, Serbia ($X), Slovenia ($X) and Kazakhstan ($X) constituted the largest prepared or preserved meat suppliers to Russia, with a combined X% share of total imports. Lithuania, Italy, Armenia, Belgium, Mongolia, Germany, Hungary and France lagged somewhat behind, together comprising a further X%.

Mongolia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared or preserved meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted a slight expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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