Russian Federation: Market for Sheep And Goat Meat 2022

Market Size for Sheep And Goat Meat in the Russian Federation

In 2021, the Russian sheep and goat meat market decreased by -X% to $X for the first time since 2013, thus ending a seven-year rising trend. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then fell in the following year.

Production of Sheep And Goat Meat in the Russian Federation

In value terms, sheep and goat meat production contracted to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2016 when the production volume increased by X%. Sheep and goat meat production peaked at $X in 2020, and then fell modestly in the following year.

The average yield of sheep and goat meat in Russia shrank slightly to X kg per head in 2021, stabilizing at 2020. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. Over the period under review, the average sheep and goat meat yield hit record highs at X kg per head in 2012; however, from 2013 to 2021, the yield remained at a lower figure.

In 2021, approx. X heads of animals slaughtered for sheep and goat meat production in Russia; remaining relatively unchanged against the previous year. This number increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X%. The number of animals slaughtered for sheep and goat meat production peaked in 2021 and is expected to retain growth in years to come.

Exports of Sheep And Goat Meat

Exports from the Russian Federation

In 2021, overseas shipments of sheep and goat meat decreased by -X% to X tons, falling for the second year in a row after five years of growth. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports reduced remarkably to $X in 2021. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for sheep and goat meat exports from Russia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan stood at -X%.

In value terms, Kazakhstan ($X) also remains the key foreign market for sheep and goat meat exports from Russia.

From 2012 to 2021, the average annual rate of growth in terms of value to Kazakhstan totaled -X%.

Export Prices by Country

The average sheep and goat meat export price stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then contracted significantly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -X% per year.

Imports of Sheep And Goat Meat

Imports into the Russian Federation

For the fourth year in a row, Russia recorded decline in overseas purchases of sheep and goat meat, which decreased by -X% to less than X kg in 2021. Over the period under review, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports declined rapidly to less than $X in 2021. In general, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2020, Hungary (X kg) was the main sheep and goat meat supplier to Russia, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from Hungary stood at -X%.

In value terms, Hungary ($X) constituted the largest supplier of sheep and goat meat to Russia.

From 2012 to 2020, the average annual rate of growth in terms of value from Hungary amounted to -X%.

Import Prices by Country

The average sheep and goat meat import price stood at $X per ton in 2020, declining by -X% against the previous year. In general, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Hungary.

From 2012 to 2020, the rate of growth in terms of prices for Hungary amounted to +X% per year.

Source: IndexBox Platform

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