Belarus: Cheese And Curd Market 2024

Cheese And Curd Market Size in Belarus

In 2022, the Belarusian cheese and curd market decreased by -6.7% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a relatively flat trend pattern. Cheese and curd consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cheese And Curd Production in Belarus

In value terms, cheese and curd production stood at $X in 2022 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.3% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cheese And Curd Exports

Exports from Belarus

Cheese and curd exports from Belarus rose significantly to X tons in 2022, growing by 7.4% on 2021. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 19%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, cheese and curd exports totaled $X in 2022. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) was the main destination for cheese and curd exports from Belarus, with a 94% share of total exports. It was followed by Kazakhstan (X tons), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+27.7% per year) and Ukraine (+27.8% per year).

In value terms, Russia ($X) remains the key foreign market for cheese and curd exports from Belarus, comprising 93% of total exports. The second position in the ranking was held by Ukraine ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+27.7% per year) and Kazakhstan (+25.4% per year).

Export Prices by Country

In 2022, the average cheese and curd export price amounted to $X per ton, surging by 2.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($X 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 Ukraine (-0.1%), while the prices for the other major destinations experienced a decline.

Cheese And Curd Imports

Imports into Belarus

In 2022, after two years of growth, there was significant decline in overseas purchases of cheese and curd, when their volume decreased by -19.2% to X tons. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 105% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, cheese and curd imports reduced dramatically to $X in 2022. Over the period under review, imports, however, recorded resilient growth. The growth pace was the most rapid in 2014 when imports increased by 92%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of cheese and curd to Belarus, with a 82% share of total imports. Moreover, cheese and curd imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+13.5% per year) and Germany (+5.4% per year).

In value terms, Russia ($X) constituted the largest supplier of cheese and curd to Belarus, comprising 71% of total imports. The second position in the ranking was taken by Poland ($X), with a 9.7% share of total imports. It was followed by Germany, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.5% per year) and Germany (-1.8% per year).

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, shrinking by -8.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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