Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia - 2022

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (CIF) - 2022
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (FOB) - 2022
  3. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia
  4. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (CIF) - 2022

In 2022, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $3,979 per ton, dropping by -50.4% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $8,018 per ton, and then dropped notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($15,996 per ton), while the price for Iceland ($3,184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (FOB) - 2022

In 2022, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $3,058 per ton, shrinking by -58.6% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of 188% against the previous year. The export price peaked at $11,508 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Armenia ($26,993 per ton), while the average price for exports to Turkey ($300 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 Armenia (+2.7%), while the prices for the other major destinations experienced a decline.

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia

After two years of decline, supplies from abroad of meat of sheep or goats; fresh, chilled or frozen increased by 7.7% to 770 tons in 2022. Over the period under review, imports, however, continue to indicate a dramatic curtailment.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen contracted markedly to $3.1M in 2022. In general, imports, however, faced a dramatic downturn. The smallest decline of -36.9% was in 2021.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland0.70.30.42.348.7%
New Zealand5.52.43.50.8-47.4%
Kazakhstan1.71.20.4N/A-51.5%
Moldova3.11.60.5N/A-59.8%
Australia4.33.40.8N/A-56.9%
Others0.10.20.2N/A41.4%
Total15.49.15.73.1-41.4%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Russia in 2022:

  1. Iceland (721.5 tons)
  2. New Zealand (47.3 tons)
  3. Moldova (1.5 tons)

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia

In 2022, exports of meat of sheep or goats; fresh, chilled or frozen from Russia fell markedly to 42 tons, waning by -72.1% compared with the year before. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 399% against the previous year.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen fell dramatically to $129K in 2022. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 378% against the previous year.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/AN/A0.10%
BulgariaN/AN/AN/AN/A0%
MaltaN/AN/AN/AN/A0%
TunisiaN/AN/AN/AN/A0%
Iran52.4N/AN/AN/A0%
TurkeyN/AN/AN/AN/A0%
Others0.30.21.1N/A91.5%
Total52.80.21.10.1-87.6%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Russia in 2022:

  1. Turkey (16.4 tons)
  2. Tunisia (9.9 tons)
  3. Malta (6.6 tons)
  4. Bulgaria (4.9 tons)
  5. Armenia (4.2 tons)

Source: IndexBox Market Intelligence Platform

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