Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus - 2022

Contents:

1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus (CIF) - 2022
2. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus (FOB) - 2022
3. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus
4. Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $5,655 per ton, with an increase of 31% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2017 an increase of 36%. Over the period under review, average import prices attained the peak figure at $7,651 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($6,525 per ton) and Hungary ($5,058 per ton), while the price for Lithuania ($4,460 per ton) and Poland ($5,039 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $5,083 per ton, with an increase of 13% against the previous year. Overall, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $6,627 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 -2.6% per year.

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus

In 2022, approx. 271 tons of offal, edible; of bovine animals, tongues, frozens were imported into Belarus; picking up by 31% against the year before. In general, imports, however, saw a perceptible curtailment.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens surged to $1.5M in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Belarus in 2022:

1. Russia (120.9 tons)
2. Poland (96.6 tons)
3. Hungary (30.5 tons)
4. Lithuania (22.8 tons)

Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belarus

In 2022, exports of offal, edible; of bovine animals, tongues, frozens from Belarus contracted significantly to 44 tons, declining by -65.8% on the previous year. Over the period under review, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 4%. As a result, the exports attained the peak of 129 tons, and then reduced rapidly in the following year.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens contracted markedly to $224K in 2022. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 23%.

Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Belarus in 2022:

1. Russia (43.5 tons)

Source: IndexBox Market Intelligence Platform