Belarus: Canned Food Market 2024

Canned Food Market Size in Belarus

The Belarusian canned food market reached $X in 2021, stabilizing at the previous year. Over the period under review, consumption, however, recorded a slight decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Canned Food Production in Belarus

In value terms, canned food production rose markedly to $X in 2021 estimated in export price. In general, production, however, recorded a slight descent. The growth pace was the most rapid in 2018 with an increase of 19%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Canned Food Exports

Exports from Belarus

In 2021, overseas shipments of canned food increased by 12% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +89.9% against 2015 indices. The pace of growth was the most pronounced in 2017 when exports increased by 24% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, canned food exports soared to $X in 2021. In general, exports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2017 with an increase of 38%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for canned food exports from Belarus, with a 55% share of total exports. Moreover, canned food exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Russia stood at -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+25.0% per year) and Kazakhstan (+1.0% per year).

In value terms, Russia ($X) remains the key foreign market for canned food exports from Belarus, comprising 45% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 2.1% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Russia stood at -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+3.9% per year) and Ukraine (+11.7% per year).

Export Prices by Country

The average canned food export price stood at $X per ton in 2020, picking up by 2.2% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.9%), while the prices for the other major destinations experienced a decline.

Canned Food Imports

Imports into Belarus

In 2021, overseas purchases of canned food decreased by -8.7% to X tons, falling for the second year in a row after four years of growth. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 26%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, canned food imports reduced modestly to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 40% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2020, Russia (X tons) constituted the largest supplier of canned food to Belarus, with a 45% share of total imports. Moreover, canned food imports from Russia exceeded the figures recorded by the second-largest supplier, Moldova (X tons), sixfold. The third position in this ranking was taken by Ukraine (X tons), with a 4.3% share.

From 2012 to 2020, the average annual growth rate of volume from Russia stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (-1.4% per year) and Ukraine (+14.0% per year).

In value terms, Russia ($X) constituted the largest supplier of canned food to Belarus, comprising 62% of total imports. The second position in the ranking was held by Ukraine ($X), with a 3.6% share of total imports. It was followed by Spain, with a 3.3% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Russia stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+4.8% per year) and Spain (-7.4% per year).

Import Prices by Country

In 2020, the average canned food import price amounted to $X per ton, shrinking by -3.8% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Poland (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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