Price for Meat of Bovine Animals; Fresh or Chilled in Russia - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Russia (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Russia (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Russia
- Exports of Meat of Bovine Animals; Fresh or Chilled in Russia
Price for Meat of Bovine Animals; Fresh or Chilled in Russia (CIF) - 2022
In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $6,801 per ton, picking up by 65% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for meat of bovine animals; fresh or chilled increased by +87.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($6,870 per ton), while the price for Kazakhstan totaled $5,566 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Meat of Bovine Animals; Fresh or Chilled in Russia (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $9,853 per ton in 2022, declining by -13.1% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 62% against the previous year. The export price peaked at $11,333 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($10,650 per ton), while the average price for exports to Kazakhstan ($2,353 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 Ukraine (+3.3%), while the prices for the other major destinations experienced a decline.
Imports of Meat of Bovine Animals; Fresh or Chilled in Russia
In 2022, imports of meat of bovine animals; fresh or chilled into Russia fell notably to 16K tons, which is down by -65.4% against 2021. In general, imports saw a significant decrease. The smallest decline of -10.2% was in 2020.
In value terms, imports of meat of bovine animals; fresh or chilled shrank dramatically to $107M in 2022. Overall, imports recorded a sharp contraction. The smallest decline of -10.5% was in 2020.
| Import of Meat of Bovine Animals; Fresh or Chilled in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 237 | 206 | 154 | 85.5 | -28.8% |
| Kazakhstan | 4.3 | 9.1 | 19.7 | 17.9 | 60.9% |
| Others | 9.0 | 9.4 | 14.6 | 3.9 | -24.3% |
| Total | 250 | 224 | 189 | 107 | -24.6% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Russia in 2022:
- Belarus (12.4K tons)
- Kazakhstan (3.2K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Russia
After three years of growth, overseas shipments of meat of bovine animals; fresh or chilled decreased by -0.2% to 2.1K tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 135%.
In value terms, exports of meat of bovine animals; fresh or chilled fell to $21M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 237% against the previous year.
| Export of Meat of Bovine Animals; Fresh or Chilled in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.4 | 11.0 | 15.0 | 17.0 | 249.0% |
| Belarus | 1.5 | 1.6 | 1.8 | 2.0 | 10.1% |
| Kazakhstan | 1.3 | 0.1 | 0.2 | N/A | -60.8% |
| China | N/A | 0.3 | 3.8 | N/A | 1166.7% |
| Uzbekistan | N/A | N/A | 1.3 | N/A | 0% |
| Ukraine | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 0.4 | 0.3 | 1.8 | 1.7 | 62.0% |
| Total | 4.0 | 13.4 | 23.9 | 20.7 | 73.0% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Russia in 2022:
- Saudi Arabia (1786.6 tons)
- Belarus (191.7 tons)
- Kazakhstan (20.3 tons)
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