Russian Federation: Market for Salted, Dried or Smoked Meat, and Offal 2024

Market Size for Salted, Dried or Smoked Meat, and Offal in the Russian Federation

The Russian market for salted, dried or smoked meat, and offal shrank to $X in 2022, with a decrease of -5.5% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Salted, Dried or Smoked Meat, and Offal in the Russian Federation

In value terms, production of salted, dried or smoked meat, and offal fell to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 47% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Salted, Dried or Smoked Meat, and Offal

Exports from the Russian Federation

In 2022, exports of salted, dried or smoked meat, and offal from Russia contracted markedly to X tons, waning by -36.7% on the previous year. Over the period under review, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 535%. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of salted, dried or smoked meat, and offal fell to $X in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 292%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Turkey (X tons) were the main destinations of exports of salted, dried or smoked meat, and offal from Russia, with a combined 88% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +16,165.3%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) emerged as the key foreign market for salted, dried or smoked meat, and offal exports from Russia, comprising 62% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 20% share of total exports. It was followed by Turkey, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belarus amounted to +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-4.4% per year) and Turkey (+5,479.4% per year).

Export Prices by Country

The average export price for salted, dried or smoked meat, and offal stood at $X per ton in 2022, growing by 47% against the previous year. In general, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 68% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+75.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salted, Dried or Smoked Meat, and Offal

Imports into the Russian Federation

In 2022, imports of salted, dried or smoked meat, and offal into Russia soared to X tons, growing by 47% on the year before. Overall, imports, however, saw a sharp setback. The most prominent rate of growth was recorded in 2017 with an increase of 92% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of salted, dried or smoked meat, and offal totaled $X in 2022. In general, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 170%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X tons) and Switzerland (X tons) were the main suppliers of imports of salted, dried or smoked meat, and offal to Russia.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +393.7%).

In value terms, Switzerland ($X) constituted the largest supplier of salted, dried or smoked meat, and offal to Russia, comprising 81% of total imports. The second position in the ranking was held by Belarus ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at +317.6%.

Import Prices by Country

In 2022, the average import price for salted, dried or smoked meat, and offal amounted to $X per ton, which is down by -30.6% against the previous year. Overall, the import price, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 an increase of 103%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then dropped rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+66.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform