Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (CIF) - 2023

In December 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $5,259 per ton, with an increase of 6.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in August 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $5,443 per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($22,189 per ton), while the price for Spain ($3,297 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 Hungary (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (FOB) - 2022

In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,220 per ton, surging by 104% against the previous year. Overall, the export price enjoyed a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($7,854 per ton), while the average price for exports to Kazakhstan ($863 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 Lithuania (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine

In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses imported into Ukraine declined to 1.1K tons, remaining relatively unchanged against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of 1.2K tons, leveling off in the following year.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses rose significantly to $4.9M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland8901,1561,4281,92429.3%
Czech Republic7707626471,18415.4%
Spain5483013806133.8%
Hungary939613546324-29.9%
Finland14517019919410.2%
Germany1552562151692.9%
Croatia214278293103-21.6%
Austria11255.910258.2-19.6%
Others2672355223479.1%
Total4,0403,8274,3334,9176.8%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Ukraine in 2022:

  1. Poland (461.4 tons)
  2. Czech Republic (260.0 tons)
  3. Spain (192.9 tons)
  4. Hungary (60.2 tons)
  5. Finland (44.4 tons)
  6. Germany (19.0 tons)
  7. Croatia (18.6 tons)
  8. Austria (10.5 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine

In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -89.8% to 393 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 27%. As a result, the exports reached the peak of 6.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses fell rapidly to $873K in 2022. In general, exports recorded a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 33%. As a result, the exports reached the peak of $6.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26731126945219.2%
Belarus26617221798.9-28.1%
France17319222437.2-40.1%
Moldova30.234.424.431.61.5%
Japan6.73.24.229.063.0%
Italy7.59.113.825.951.2%
KazakhstanN/A40.418423.4-23.9%
Russia4,3255,9802,962N/A-17.2%
Others10413930217518.9%
Total5,1786,8824,201873-44.8%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Ukraine in 2022:

  1. Germany (186.9 tons)
  2. Belarus (80.1 tons)
  3. Kazakhstan (27.2 tons)
  4. Moldova (20.3 tons)
  5. Italy (11.4 tons)
  6. France (10.1 tons)
  7. Japan (9.4 tons)

Source: IndexBox Market Intelligence Platform

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