Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus - 2022

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus (FOB) - 2022
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus (CIF) - 2022
3. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus
4. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus (FOB) - 2022

In March 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $4,113 per ton, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in December 2021 an increase of 9.3% against the previous month. Over the period under review, the average export prices attained the peak figure at $4,160 per ton in February 2022, and then reduced slightly in the following month.

Average prices varied somewhat for the major foreign markets. In March 2022, the country with the highest price was Uzbekistan ($4,199 per ton), while the average price for exports to Kazakhstan totaled $3,274 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+2.9%).

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus (CIF) - 2022

The average import price for frozen carcasses and half-carcasses of bovine meat stood at $2,689 per ton in 2021, remaining stable against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 86%. Over the period under review, average import prices hit record highs at $4,702 per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($4,942 per ton), while the price for Moldova stood at $2,649 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.6%).

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus

In 2022, exports of frozen carcasses and half-carcasses of bovine meat from Belarus skyrocketed to 7.5K tons, picking up by 207% against 2021. Overall, exports, however, continue to indicate a mild reduction.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat surged to $35M in 2022. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Belarus in 2022:

1. Russia (3.5K tons)
2. Uzbekistan (2.0K tons)
3. Kazakhstan (2.0K tons)

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Belarus

In 2021, imports of frozen carcasses and half-carcasses of bovine meat into Belarus totaled 40 tons, approximately reflecting the previous year. Over the period under review, imports saw a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat stood at $108K in 2021. Overall, imports posted a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are expected to retain growth in the near future.

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Belarus in 2022:

1. Moldova (39.3 tons)
2. Russia (0.7 tons)

Source: IndexBox Market Intelligence Platform