Price for Protein; Concentrates and Textured Protein Substances in Belarus - 2022

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Belarus (CIF) - 2022
  2. Price for Protein; Concentrates and Textured Protein Substances in Belarus (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Belarus
  4. Exports of Protein; Concentrates and Textured Protein Substances in Belarus

Price for Protein; Concentrates and Textured Protein Substances in Belarus (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $2,830 per ton, surging by 10% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for protein; concentrates and textured protein substanceses increased by +97.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 52%. The import price peaked at $2,948 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($13,543 per ton), while the price for Serbia ($1,325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Belarus (FOB) - 2022

The average export price for protein; concentrates and textured protein substanceses stood at $2,677 per ton in 2022, dropping by -9.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 102% against the previous year. As a result, the export price reached the peak level of $5,500 per ton. From 2014 to 2022, the average export prices remained 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 +0.0% per year.

Imports of Protein; Concentrates and Textured Protein Substances in Belarus

In 2022, imports of protein; concentrates and textured protein substanceses into Belarus shrank to 609 tons, waning by -12.5% compared with 2021 figures. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 6.1%.

In value terms, imports of protein; concentrates and textured protein substanceses dropped slightly to $1.7M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $1.8M, and then declined slightly in the following year.

Import of Protein; Concentrates and Textured Protein Substances in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7086941,1391,02313.1%
China328257164221-12.3%
France21820542.8137-14.3%
Poland19512074.2115-16.1%
Italy81.458.812611311.6%
Czech Republic60.754.845.347.4-7.9%
Serbia20.914.547.742.827.0%
Others37.219.714922.6-15.3%
Total1,6501,4241,7881,7221.4%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Belarus in 2022:

  1. Russia (387.9 tons)
  2. China (115.9 tons)
  3. Serbia (32.3 tons)
  4. Poland (21.0 tons)
  5. Czech Republic (19.4 tons)
  6. Italy (13.6 tons)
  7. France (10.1 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Belarus

In 2022, exports of protein; concentrates and textured protein substanceses from Belarus declined dramatically to 41 tons, shrinking by -67.5% on the previous year's figure. Over the period under review, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 168% against the previous year.

In value terms, exports of protein; concentrates and textured protein substanceses contracted markedly to $110K in 2022. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 197% against the previous year.

Export of Protein; Concentrates and Textured Protein Substances in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia531116263110-40.8%
KazakhstanN/A6.536.1N/A455.4%
LatviaN/A0.212.0N/A5900.0%
UkraineN/A3.863.6N/A1573.7%
OthersN/A0.40.3N/A-25.0%
Total531126375110-40.8%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Belarus in 2022:

  1. Russia (41.1 tons)

Source: IndexBox Market Intelligence Platform

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