Belarus: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in Belarus

The Belarusian market for salted, dried or smoked meat, and offal contracted to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, showed a pronounced downturn. The growth pace was the most rapid in 2017 with an increase of 6.9%. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in Belarus

In value terms, production of salted, dried or smoked meat, and offal shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 9.3% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports from Belarus

In 2022, shipments abroad of salted, dried or smoked meat, and offal increased by 5% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2019 with an increase of 216% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of salted, dried or smoked meat, and offal surged to $X in 2022. Overall, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 166%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons) and Kazakhstan (X tons) were the main destinations of exports of salted, dried or smoked meat, and offal from Belarus.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +55.6%).

In value terms, Russia ($X) remains the key foreign market for salted, dried or smoked meat, and offal exports from Belarus, comprising 68% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -6.3%.

Export Prices by Country

The average export price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, picking up by 16% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 64%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.5%).

Imports of Salted, Dried or Smoked Meat, and Offal

Imports into Belarus

In 2022, supplies from abroad of salted, dried or smoked meat, and offal decreased by -6.4% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 222%. Over the period under review, imports of attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, imports of salted, dried or smoked meat, and offal dropped to $X in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 253%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of salted, dried or smoked meat, and offal to Belarus, with a 70% share of total imports. Moreover, imports of salted, dried or smoked meat, and offal from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Russia (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +58.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-9.0% per year) and Russia (+17.9% per year).

In value terms, Italy ($X) constituted the largest supplier of salted, dried or smoked meat, and offal to Belarus, comprising 71% of total imports. The second position in the ranking was held by Spain ($X), with a 23% share of total imports. It was followed by Austria, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +80.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.4% per year) and Austria (-14.0% per year).

Import Prices by Country

In 2022, the average import price for salted, dried or smoked meat, and offal amounted to $X per ton, declining by -4.3% against the previous year. Over the period under review, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform