Russian Federation: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in the Russian Federation

The Russian frozen poultry liver market surged to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, saw a abrupt downturn. Frozen poultry liver consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Frozen Poultry Liver Production in the Russian Federation

In value terms, frozen poultry liver production stood at $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Frozen Poultry Liver Exports

Exports from the Russian Federation

In 2023, approx. X tons of frozen poultry livers and offal were exported from Russia; therefore, remained relatively stable against 2022 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, frozen poultry liver exports amounted to $X in 2023. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for frozen poultry liver exports from Russia, accounting for a X% share of total exports. Moreover, frozen poultry liver exports to China exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. The third position in this ranking was held by Azerbaijan (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

In value terms, China ($X) remains the key foreign market for frozen poultry livers and offal exports from Russia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Armenia (X% per year).

Export Prices by Country

In 2023, the average frozen poultry liver export price amounted to $X per ton, leveling off at the previous year. In general, the export price posted a perceptible expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into the Russian Federation

In 2023, the amount of frozen poultry livers and offal imported into Russia skyrocketed to X tons, rising by X% on the year before. Overall, imports, however, faced a abrupt curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, frozen poultry liver imports surged to $X in 2023. Over the period under review, imports, however, faced a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons) constituted the largest frozen poultry liver supplier to Russia, with a X% share of total imports. Moreover, frozen poultry liver imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2023, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Kazakhstan (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen poultry livers and offal to Russia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2023, the average frozen poultry liver import price amounted to $X per ton, shrinking by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform