CIS: Canned Meat Market 2024

Canned Meat Market Size in CIS

The CIS canned meat market rose notably to $X in 2021, increasing by 5.9% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Canned Meat Production in CIS

In value terms, canned meat production stood at $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 39%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Canned Meat Exports

Exports in CIS

In 2021, overseas shipments of canned meat increased by 20% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +42.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 31%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, canned meat exports surged to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 41%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of canned meat, namely Russia and Belarus, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +15.0%).

In value terms, Russia ($X) and Belarus ($X) were the countries with the highest levels of exports in 2021.

Among the main exporting countries, Russia, with a CAGR of +14.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, with an increase of 2.7% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 9.1%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.7%).

Canned Meat Imports

Imports in CIS

In 2021, overseas purchases of canned meat increased by 6.1% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2019 with an increase of 21% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, canned meat imports expanded rapidly to $X in 2021. In general, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2017 with an increase of 27%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia was the major importer of canned meat in the CIS, with the volume of imports reaching X tons, which was near 44% of total imports in 2021. Kazakhstan (X tons) held a 26% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (6.9%), Azerbaijan (6.2%) and Moldova (5.4%). The following importers - Kyrgyzstan (X tons) and Tajikistan (X tons) - each resulted at a 7.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported canned meat in the CIS, comprising 52% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 21% share of total imports. It was followed by Azerbaijan, with a 7% share.

From 2012 to 2021, the average annual growth rate of value in Russia totaled -10.8%. In the other countries, the average annual rates were as follows: Kazakhstan (+16.5% per year) and Azerbaijan (+9.4% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, with an increase of 7.1% against the previous year. Over the period under review, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 8.8% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+7.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :