Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (CIF) - 2022
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (FOB) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia
- Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $3,433 per ton in 2021, increasing by 65% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The import price peaked at $4,412 per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belarus.
From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to -2.7% per year.
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (FOB) - 2022
The average export price for frozen carcasses and half-carcasses of bovine meat stood at $3,926 per ton in 2022, reducing by -32.7% against the previous year. Over the period under review, the export price showed a perceptible descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 152%. As a result, the export price attained the peak level of $12,572 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($6,016 per ton), while the average price for exports to Morocco stood at $3,919 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia
In 2021, imports of frozen carcasses and half-carcasses of bovine meat into Russia dropped sharply to 149 tons, which is down by -96.3% on the previous year's figure. Overall, imports faced a precipitous setback. The smallest decline of -25.5% was in 2020.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat declined significantly to $511K in 2021. Over the period under review, imports recorded a precipitous setback. The smallest decline of -51.9% was in 2020.
Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Belarus | 16.0 | 8.3 | 0.5 | -82.3% | |
Moldova | 1.2 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 17.3 | 8.3 | 0.5 | -83.0% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Russia in 2022:
- Belarus (148.9 tons)
Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia
After three years of growth, shipments abroad of frozen carcasses and half-carcasses of bovine meat decreased by -67.3% to 831 tons in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 836% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then contracted remarkably in the following year.
In value terms, exports of frozen carcasses and half-carcasses of bovine meat contracted significantly to $3.3M in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,743% against the previous year.
Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | N/A | N/A | 7.9 | 3.2 | -59.5% |
Saudi Arabia | N/A | 3.4 | 6.9 | N/A | 102.9% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 0.2 | 3.4 | 14.8 | 3.3 | 154.6% |
Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Russia in 2022:
- Morocco (826.8 tons)
This report provides an in-depth analysis of the beef market in the Russian Federation.
This report provides an in-depth analysis of the global beef market.
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
This report provides an in-depth analysis of the market for frozen carcases of beef and veal in Russian Federation.
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms