Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia
  4. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (CIF) - 2022

The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $2,002 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum at $3,161 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($7,792 per ton), while the price for Belarus totaled $1,831 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.9%), while the prices for the other major suppliers experienced a decline.

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (FOB) - 2022

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $788 per ton in 2022, falling by -71.3% against the previous year. Overall, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 143% against the previous year. The export price peaked at $4,330 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($4,070 per ton), while the average price for exports to Serbia ($472 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 Kazakhstan (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia

Imports of offal, edible; of bovine animals, fresh or chilleds into Russia declined notably to 246 tons in 2022, shrinking by -66.5% on 2021 figures. Over the period under review, imports recorded a sharp downturn. The smallest decline of -7.4% was in 2020.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds contracted sharply to $492K in 2022. Overall, imports continue to indicate a precipitous contraction. The smallest decline of -18% was in 2021.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus1,7541,2001,093437-37.1%
Uruguay17233197.355.0-31.6%
Kazakhstan14.712.757.0N/A96.9%
Others11.30.619.2N/A30.4%
Total1,9521,5441,266492-36.8%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Russia in 2022:

  1. Belarus (238.8 tons)
  2. Uruguay (7.1 tons)

Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia

In 2022, exports of offal, edible; of bovine animals, fresh or chilleds from Russia fell significantly to 16 tons, reducing by -76.6% on the previous year. Over the period under review, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds shrank dramatically to $12K in 2022. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, the exports reached the peak of $183K, and then declined remarkably in the following year.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SerbiaN/AN/AN/A6.30%
Armenia11.61.660.63.7-31.7%
Belarus81.553.326.92.3-69.6%
Kazakhstan81.716.670.1N/A-7.4%
Others6.05.425.7N/A107.0%
Total18177.018312.3-59.2%

Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Russia in 2022:

  1. Serbia (13.2 tons)
  2. Armenia (1.8 tons)
  3. Belarus (0.6 tons)

Source: IndexBox Market Intelligence Platform

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