CIS: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in CIS

For the fourth year in a row, the CIS preserved swine belly market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Preserved Swine Belly Production in CIS

In value terms, preserved swine belly production surged to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Production By Country in CIS

Russia (X tons) remains the largest preserved swine belly producing country in the CIS, comprising approx. X% of total volume. Moreover, preserved swine belly production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold. Uzbekistan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Uzbekistan (+X% per year).

Preserved Swine Belly Exports

Exports in CIS

In 2020, exports of bellies and cuts of swine (salted, in brine, dried or smoked) in the CIS shrank markedly to X tons, which is down by -X% compared with the year before. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, preserved swine belly exports reduced markedly to $X in 2020. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. The level of export peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Russia (X tons) was the key exporter of bellies and cuts of swine (salted, in brine, dried or smoked), generating X% of total exports. It was distantly followed by Belarus (X tons), generating a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia.

In value terms, Russia ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2020.

Among the main exporting countries, Russia recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The preserved swine belly export price in the CIS stood at $X per ton in 2020, jumping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus.

Preserved Swine Belly Imports

Imports in CIS

In 2020, approx. X tons of bellies and cuts of swine (salted, in brine, dried or smoked) were imported in the CIS; picking up by X% on 2019. Over the period under review, imports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, preserved swine belly imports soared to $X in 2020. Overall, imports, however, continue to indicate a deep slump. Over the period under review, imports reached the maximum at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Tajikistan (X tons) was the largest importer of bellies and cuts of swine (salted, in brine, dried or smoked), generating X% of total imports. Russia (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Azerbaijan (X%), Moldova (X%) and Kazakhstan (X%). Armenia (X tons) followed a long way behind the leaders.

Tajikistan was also the fastest-growing in terms of the bellies and cuts of swine (salted, in brine, dried or smoked) imports, with a CAGR of +X% from 2007 to 2020. At the same time, Armenia (+X%), Kazakhstan (+X%) and Azerbaijan (+X%) displayed positive paces of growth. By contrast, Moldova (-X%) and Russia (-X%) illustrated a downward trend over the same period. While the share of Tajikistan (+X p.p.), Azerbaijan (+X p.p.), Kazakhstan (+X p.p.), Moldova (+X p.p.) and Armenia (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Russia (-X p.p.) displayed negative dynamics.

In value terms, Tajikistan ($X) constitutes the largest market for imported bellies and cuts of swine (salted, in brine, dried or smoked) in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Moldova ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Tajikistan, preserved swine belly imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Moldova (+X% per year) and Azerbaijan (+X% per year).

Import Prices by Country

In 2020, the preserved swine belly import price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly import price increased by +X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Moldova, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :