Belarus: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Belarus

The Belarusian temporarily preserved vegetable market dropped to $X in 2022, which is down by -8.6% against the previous year. In general, consumption, however, enjoyed a resilient increase. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Temporarily Preserved Vegetable Production in Belarus

In value terms, temporarily preserved vegetable production dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 41%. Temporarily preserved vegetable production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Temporarily Preserved Vegetable Exports

Exports from Belarus

In 2022, the amount of vegetables (temporarily preserved) exported from Belarus soared to X tons, picking up by 62% compared with 2021 figures. Overall, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, temporarily preserved vegetable exports skyrocketed to $X in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for temporarily preserved vegetable exports from Belarus, accounting for a 38% share of total exports. Moreover, temporarily preserved vegetable exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.4% per year) and Poland (+8.7% per year).

In value terms, Germany ($X), Bulgaria ($X) and Poland ($X) appeared to be the largest markets for temporarily preserved vegetable exported from Belarus worldwide, with a combined 71% share of total exports.

Among the main countries of destination, Bulgaria, with a CAGR of +43.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average temporarily preserved vegetable export price stood at $X per ton in 2022, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2018 when the average export price increased by 33%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Russia ($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 Bulgaria (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports

Imports into Belarus

In 2022, the amount of vegetables (temporarily preserved) imported into Belarus rose sharply to X tons, growing by 10% on 2021. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.1% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 60%. Over the period under review, imports attained the maximum at X tons in 2014; afterwards, it flattened through to 2022.

In value terms, temporarily preserved vegetable imports reduced to $X in 2022. In general, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 68%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

India (X tons), Egypt (X tons) and Russia (X tons) were the main suppliers of temporarily preserved vegetable imports to Belarus, together comprising 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +25.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest temporarily preserved vegetable suppliers to Belarus were Russia ($X), China ($X) and India ($X), together accounting for 69% of total imports. Egypt and Spain lagged somewhat behind, together accounting for a further 30%.

Among the main suppliers, Spain, with a CAGR of +38.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average temporarily preserved vegetable import price amounted to $X per ton, which is down by -14.2% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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