Price for Food Preparations Not Elsewhere Specified or Included in Ukraine - 2023

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Ukraine (CIF) - 2023
  2. Price for Food Preparations Not Elsewhere Specified or Included in Ukraine (FOB) - 2022
  3. Imports of Food Preparations Not Elsewhere Specified or Included in Ukraine
  4. Exports of Food Preparations Not Elsewhere Specified or Included in Ukraine

Price for Food Preparations Not Elsewhere Specified or Included in Ukraine (CIF) - 2023

The average import price for food preparations not elsewhere specified or included stood at $10,614 per ton in December 2023, declining by -7.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 18% against the previous month. As a result, import price reached the peak level of $11,492 per ton, and then fell in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($23,859 per ton), while the price for Belgium ($2,739 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Ukraine (FOB) - 2022

In 2022, the average export price for food preparations not elsewhere specified or included amounted to $3,174 per ton, increasing by 20% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($13,420 per ton), while the average price for exports to Egypt ($984 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 Georgia (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Food Preparations Not Elsewhere Specified or Included in Ukraine

In 2022, imports of food preparations not elsewhere specified or included into Ukraine reduced rapidly to 26K tons, declining by -33.3% on the year before. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 39K tons, and then fell significantly in the following year.

In value terms, imports of food preparations not elsewhere specified or included fell notably to $204M in 2022. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of $328M, and then dropped sharply in the following year.

Import of Food Preparations Not Elsewhere Specified or Included in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40.140.652.135.3-4.2%
Poland45.646.040.731.5-11.6%
United States14.720.823.710.8-9.8%
Italy11.713.417.910.0-5.1%
China5.06.211.58.820.7%
Hungary8.612.817.78.70.4%
France9.29.78.86.1-12.8%
Netherlands6.76.27.75.8-4.7%
Slovakia3.32.53.85.115.6%
Bulgaria5.36.44.64.1-8.2%
Malaysia5.53.62.62.8-20.2%
Thailand0.40.81.11.865.1%
Belarus1.61.93.61.2-9.1%
Others91.410213272.2-7.6%
Total249273328204-6.4%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Ukraine in 2022:

  1. Poland (5.3K tons)
  2. Germany (3.4K tons)
  3. China (2.6K tons)
  4. Slovakia (1.6K tons)
  5. Netherlands (1.5K tons)
  6. Italy (1.3K tons)
  7. Bulgaria (1.3K tons)
  8. Malaysia (1.0K tons)
  9. Belarus (0.8K tons)
  10. France (0.6K tons)
  11. United States (0.6K tons)
  12. Thailand (0.6K tons)
  13. Hungary (0.5K tons)

Exports of Food Preparations Not Elsewhere Specified or Included in Ukraine

Exports of food preparations not elsewhere specified or included from Ukraine contracted notably to 10K tons in 2022, waning by -33.5% on 2021 figures. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%.

In value terms, exports of food preparations not elsewhere specified or included fell rapidly to $32M in 2022. Overall, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 6.8% against the previous year.

Export of Food Preparations Not Elsewhere Specified or Included in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova7.68.08.98.85.0%
Latvia9.99.25.27.0-10.9%
Iraq1.12.97.45.975.0%
Georgia2.41.91.81.5-14.5%
Uzbekistan0.61.31.81.226.0%
Azerbaijan1.61.41.00.5-32.1%
Belarus2.83.44.60.5-43.7%
Turkey0.31.71.40.410.1%
Turkmenistan1.21.30.50.2-45.0%
Israel1.51.20.60.1-59.5%
Egypt1.30.70.40.1-57.5%
Others4.64.46.25.88.0%
Total34.937.339.831.8-3.1%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Ukraine in 2022:

  1. Moldova (2971.3 tons)
  2. Iraq (2862.2 tons)
  3. Latvia (2177.0 tons)
  4. Uzbekistan (310.9 tons)
  5. Turkey (186.0 tons)
  6. Belarus (148.7 tons)
  7. Georgia (109.2 tons)
  8. Egypt (82.4 tons)
  9. Azerbaijan (74.7 tons)
  10. Turkmenistan (53.4 tons)
  11. Israel (26.0 tons)

Source: IndexBox Market Intelligence Platform

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