Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus - 2022
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (FOB) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (CIF) - 2022
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (FOB) - 2022
In March 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $3,963 per ton, almost unchanged from the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 5.1% against the previous month. Over the period under review, the average export prices reached the maximum at $4,041 per ton in June 2021; afterwards, it flattened through to March 2022.
As there is only one major export destination, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Ukraine amounted to +0.5% per month.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (CIF) - 2022
In March 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,988 per ton, dropping by -19.8% against the previous month. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 39% against the previous month. The import price peaked at $6,416 per ton in March 2021; however, from April 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was China ($6,879 per ton), while the price for Russia stood at $3,579 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus
Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Belarus rose significantly to 1.4K tons in 2022, picking up by 11% against 2021. The total export volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds expanded sharply to $5.5M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.3 | 3.8 | 4.6 | 5.1 | 5.9% |
| Kazakhstan | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Ukraine | 0.3 | 0.3 | 0.3 | 0.1 | -30.7% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.8 | 4.3 | 5.2 | 5.5 | 4.6% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Belarus in 2022:
- Russia (1360.3 tons)
- Kazakhstan (31.7 tons)
- Ukraine (17.3 tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus
In 2022, overseas purchases of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -67.4% to 125 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 47%.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank notably to $1M in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $2.1M, and then fell notably in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.5 | 1.6 | 2.0 | 1.0 | -12.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.5 | 1.7 | 2.1 | 1.0 | -12.6% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Belarus in 2022:
- Russia (124.0 tons)
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