Russian Federation: Beef Market 2025

Beef Market Size in the Russian Federation

The Russian beef market contracted to $X in 2021, waning by -7.6% against the previous year. In general, consumption continues to indicate a noticeable descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Beef Production in the Russian Federation

In value terms, beef production fell to $X in 2021 estimated in export price. In general, production, however, saw a mild decrease. The pace of growth was the most pronounced in 2017 with an increase of 17% against the previous year. Beef production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of beef (cattle meat) in Russia expanded slightly to X kg per head, with an increase of 2.9% on 2020 figures. The yield figure increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the yield increased by 3.2%. The beef yield peaked in 2021 and is likely to see gradual growth in the near future.

In 2021, approx. X heads of animals slaughtered for beef production in Russia; stabilizing at 2020 figures. In general, the number of producing animals showed a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of 0.1% against the previous year. The number of animals slaughtered for beef production peaked at X heads in 2012; however, from 2013 to 2021, producing animals remained at a lower figure.

Beef Exports

Exports from the Russian Federation

In 2021, overseas shipments of beef (cattle meat) increased by 118% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 268%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, beef exports soared to $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 380%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

China (X tons) was the main destination for beef exports from Russia, accounting for a 68% share of total exports. Moreover, beef exports to China exceeded the volume sent to the second major destination, Morocco (X tons), tenfold. The third position in this ranking was held by Belarus (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +395.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (0.0% per year) and Belarus (+40.7% per year).

In value terms, China ($X) remains the key foreign market for beef (cattle meat) exports from Russia, comprising 71% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 9% share of total exports. It was followed by Belarus, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +415.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+6,532.2% per year) and Belarus (+35.8% per year).

Export Prices by Country

The average beef export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Beef Imports

Imports into the Russian Federation

In 2021, the amount of beef (cattle meat) imported into Russia reduced rapidly to X tons, shrinking by -18% on the previous year. Overall, imports recorded a deep contraction. The smallest decline of less than 0.1% was in 2013. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, beef imports reduced to $X in 2021. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 10% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belarus (X tons), Paraguay (X tons) and Brazil (X tons) were the main suppliers of beef imports to Russia, together accounting for 83% of total imports. These countries were followed by Colombia, India, Kazakhstan and Uruguay, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of +118.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Paraguay ($X) and Brazil ($X) appeared to be the largest beef suppliers to Russia, together accounting for 83% of total imports. Colombia, India, Kazakhstan and Uruguay lagged somewhat behind, together comprising a further 15%.

Kazakhstan, with a CAGR of +122.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average beef import price amounted to $X per ton, rising by 13% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Uruguay ($X per ton) and Colombia ($X per ton), while the price for Kazakhstan ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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