Report Update Nov 1, 2024

Belarus - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Market for Lucerne (Alfalfa) Meal And Pellets 2024

Market Size for Lucerne (Alfalfa) Meal And Pellets in Belarus

The Belarusian lucerne meal and pellets market stood at $X in 2021, picking up by 12% against the previous year. Over the period under review, consumption, however, saw a noticeable decline. Lucerne meal and pellets consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Lucerne (Alfalfa) Meal And Pellets in Belarus

In value terms, lucerne meal and pellets production expanded notably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible shrinkage. Lucerne meal and pellets production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Belarus

In 2021, the amount of lucerne (alfalfa) meal and pellets exported from Belarus surged to X tons, with an increase of 117% compared with the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lucerne meal and pellets exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for lucerne meal and pellets exports from Belarus, with a approx. 50% share of total exports.

From 2020 to 2021, the average annual rate of growth in terms of volume to Poland was relatively modest.

In value terms, Poland ($X) emerged as the key foreign market for lucerne (alfalfa) meal and pellets exports from Belarus.

From 2020 to 2021, the average annual growth rate of value to Poland was relatively modest.

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, dropping by -3% against the previous year. In general, the export price continues to indicate a pronounced slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then reduced modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2020 to 2021, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Belarus

In 2019, supplies from abroad of lucerne (alfalfa) meal and pellets decreased by -35.7% to X kg for the first time since 2014, thus ending a four-year rising trend. Overall, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2018 with an increase of 99% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, lucerne meal and pellets imports dropped notably to $X in 2019. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2018 with an increase of 100%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, Russia (X kg) was the main lucerne meal and pellets supplier to Belarus, accounting for a approx. 100% share of total imports.

From 2013 to 2019, the average annual growth rate of volume from Russia amounted to +13.2%.

In value terms, Russia ($X) constituted the largest supplier of lucerne (alfalfa) meal and pellets to Belarus.

From 2013 to 2019, the average annual growth rate of value from Russia amounted to +11.4%.

Import Prices by Country

The average lucerne meal and pellets import price stood at $X per ton in 2019, which is down by -3.6% against the previous year. Over the period under review, the import price showed a precipitous descent. The pace of growth appeared the most rapid in 2018 an increase of 0.4%. The import price peaked at $X per ton in 2013; however, from 2014 to 2019, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2013 to 2019, the rate of growth in terms of prices for Russia amounted to -2.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lucerne (alfalfa) meal and pellets in the world?

China constituted the country with the largest volume of lucerne meal and pellets consumption, comprising approx. 17% of total volume. Moreover, lucerne meal and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the largest producers of lucerne (alfalfa) meal and pellets in the world?

China constituted the country with the largest volume of lucerne meal and pellets production, accounting for 16% of total volume. Moreover, lucerne meal and pellets production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of lucerne (alfalfa) meal and pellets to Belarus?

In value terms, Russia constituted the largest supplier of lucerne meal and pellets to Belarus.

What is the average export price for lucerne (alfalfa) meal and pellets in Belarus?

In 2021, the average lucerne meal and pellets export price amounted to $197 per ton, remaining relatively unchanged against the previous year.

What is the average import price for lucerne (alfalfa) meal and pellets in Belarus?

In 2020, the average lucerne meal and pellets import price amounted to $185 per ton, declining by -19.9% against the previous year.

This report provides an in-depth analysis of the market for lucerne meal and pellets in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10912000 - Lucerne (alfalfa) meal and pellets

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023