Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Belarus - 2022

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,158 per ton in March 2022, with a decrease of -4.6% against the previous month. In general, the import price saw a slight reduction. The pace of growth was the most pronounced in July 2021 an increase of 3.1% m-o-m. The import price peaked at $1,332 per ton in April 2021; however, from May 2021 to March 2022, import prices failed to regain momentum.

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

From April 2021 to March 2022, the rate of growth in terms of prices for Spain amounted to -1.2% per month.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $2,141 per ton, approximately equating the previous year. In general, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 60%. The export price peaked at $2,681 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.2% per year.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus

In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia imported into Belarus rose remarkably to 2.4K tons, increasing by 5.7% on the year before. Over the period under review, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced to $2.7M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 57%.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5391,6701,1195631.5%
Spain31932.291054619.6%
Lithuania62.315.596.390.113.1%
GreeceN/AN/AN/A61.60%
Poland28.434.025.911.6-25.8%
Others18828.85301,40295.4%
Total1,1361,7802,6812,67433.0%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Belarus in 2022:

  1. Egypt (432.0 tons)
  2. Spain (253.3 tons)
  3. Lithuania (153.6 tons)
  4. Greece (48.7 tons)
  5. Poland (12.9 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus

After three years of growth, shipments abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -8.3% to 2.8 tons in 2022. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of 3.1 tons, and then declined in the following year.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced to $6K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $6.5K, and then contracted in the following year.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.55.56.56.010.1%
OthersN/AN/AN/AN/A0%
Total4.55.56.56.010.1%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Belarus in 2022:

  1. Russia (2.8 tons)

Source: IndexBox Market Intelligence Platform

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