Price for Vegetable Products Not Elsewhere Specified or Included in Belarus - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Belarus (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Belarus (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Belarus
- Imports of Vegetable Products Not Elsewhere Specified or Included in Belarus
Price for Vegetable Products Not Elsewhere Specified or Included in Belarus (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,010 per ton in 2022, increasing by 17% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 108%. Over the period under review, the average export prices attained the peak figure at $4,619 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($13,809 per ton), while the average price for exports to Poland ($272 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 Moldova (+158.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Belarus (CIF) - 2022
In March 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $184 per ton, growing by 62% against the previous month. In general, the import price enjoyed a modest expansion. The pace of growth appeared the most rapid in November 2021 an increase of 143% m-o-m. The import price peaked at $403 per ton in December 2021; however, from January 2022 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Sri Lanka ($1,995 per ton), while the price for Russia ($78.0 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetable Products Not Elsewhere Specified or Included in Belarus
In 2022, exports of vegetable products not elsewhere specified or includeds from Belarus soared to 1.2K tons, picking up by 263% compared with the previous year's figure. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds soared to $1.2M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 28.8 | 16.9 | 1.9 | 696 | 189.1% |
| Russia | 146 | 67.7 | 220 | 251 | 19.8% |
| Moldova | N/A | N/A | 0.6 | 79.9 | 13216.7% |
| Czech Republic | 9.1 | 8.8 | 16.6 | 35.4 | 57.3% |
| Poland | 45.0 | 28.1 | 33.8 | 33.8 | -9.1% |
| Slovakia | N/A | N/A | N/A | 30.5 | 0% |
| Switzerland | 13.0 | 9.2 | 11.0 | 13.6 | 1.5% |
| Germany | 13.1 | 6.6 | 5.5 | 8.7 | -12.8% |
| Others | 7.5 | 5.1 | 9.1 | 9.8 | 9.3% |
| Total | 262 | 142 | 298 | 1,158 | 64.1% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Belarus in 2022:
- Lithuania (815.6 tons)
- Poland (124.4 tons)
- Moldova (84.6 tons)
- Czech Republic (49.7 tons)
- Switzerland (34.4 tons)
- Slovakia (29.5 tons)
- Russia (18.2 tons)
- Germany (14.7 tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Belarus
In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable products not elsewhere specified or includeds, when their volume decreased by -53.2% to 796 tons. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 92% against the previous year.
In value terms, imports of vegetable products not elsewhere specified or includeds shrank dramatically to $561K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 127%. As a result, imports reached the peak of $725K, and then declined notably in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 7.7 | 10.2 | 232 | 242.0% |
| Russia | 136 | 179 | 477 | 201 | 13.9% |
| Sri Lanka | 62.1 | 8.0 | 95.8 | 20.3 | -31.1% |
| Kazakhstan | N/A | N/A | 5.9 | 16.9 | 186.4% |
| Netherlands | 16.5 | 18.3 | 46.8 | 8.3 | -20.5% |
| Others | 101 | 107 | 89.1 | 82.5 | -6.5% |
| Total | 321 | 320 | 725 | 561 | 20.5% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Belarus in 2022:
- Russia (668.0 tons)
- China (70.0 tons)
- Kazakhstan (26.5 tons)
- Netherlands (6.6 tons)
- Sri Lanka (4.3 tons)
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