Russian Federation: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the Russian Federation

The Russian preserved swine meat cut market dropped to $X in 2021, reducing by -12.7% against the previous year. Over the period under review, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the Russian Federation

In value terms, preserved swine meat cut production fell to $X in 2021 estimated in export price. Overall, production showed a deep contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 40% against the previous year. Preserved swine meat cut production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of prepared or preserved shoulders and cuts of swine meat, which increased by 158% to X tons in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 880%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, preserved swine meat cut exports surged to $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 779% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X tons) was the main destination for preserved swine meat cut exports from Russia, accounting for a 99% share of total exports. It was followed by Ukraine (X kg), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-6.3% per year) and Belarus (-45.3% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for prepared or preserved shoulders and cuts of swine meat exports from Russia, comprising 99% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kazakhstan amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+9.4% per year) and Belarus (-41.0% per year).

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, growing by 3.1% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 9.6% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into the Russian Federation

Preserved swine meat cut imports into Russia contracted sharply to X tons in 2021, waning by -26.7% on the year before. Over the period under review, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 274% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved swine meat cut imports declined sharply to $X in 2021. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2019 with an increase of 148%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belarus (X tons) and Belgium (X tons) were the main suppliers of preserved swine meat cut imports to Russia.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of -0.5%).

In value terms, the largest preserved swine meat cut suppliers to Russia were Belgium ($X) and Belarus ($X).

In terms of the main suppliers, Belgium, with a CAGR of -0.5%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average preserved swine meat cut import price stood at $X per ton in 2021, growing by 6.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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