Russian Federation - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Russian Federation - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Breakfast Cereal Price in Russia - 2022

Contents:

  1. Breakfast Cereal Price in Russia (FOB) - 2022
  2. Breakfast Cereal Price in Russia (CIF) - 2022
  3. Breakfast Cereal Exports in Russia
  4. Breakfast Cereal Imports in Russia

Breakfast Cereal Price in Russia (FOB) - 2022

The average breakfast cereal export price stood at $2,283 per ton in January 2022, rising by 2.5% against the previous month. In general, export price indicated moderate growth from January 2021 to January 2022: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, breakfast cereal export price decreased by -9.0% against November 2021 indices. The growth pace was the most rapid in November 2021 when the average export price increased by 30% m-o-m. As a result, the export price reached the peak level of $2,509 per ton. From December 2021 to January 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Mongolia ($3,256 per ton), while the average price for exports to Kazakhstan ($2,017 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Price in Russia (CIF) - 2022

The average breakfast cereal import price stood at $1,404 per ton in January 2022, waning by -31.1% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 an increase of 27% against the previous month. The import price peaked at $2,038 per ton in December 2021, and then dropped notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Switzerland ($9,518 per ton), while the price for Turkey ($592 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Breakfast Cereal Exports in Russia

In 2022, overseas shipments of breakfast cereals decreased by -3% to 27K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year.

In value terms, breakfast cereal exports contracted to $42M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%.

Export of Breakfast Cereal in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan9.210.911.610.75.2%
Belarus6.46.57.06.92.5%
Mongolia0.20.33.14.0171.4%
Ukraine2.93.14.03.67.5%
Kyrgyzstan1.42.13.62.826.0%
Iraq0.30.20.52.8110.5%
Azerbaijan2.62.52.52.5-1.3%
Uzbekistan0.60.81.52.254.2%
Georgia0.70.70.91.734.4%
Moldova1.01.01.61.514.5%
Armenia0.60.50.80.60.0%
China1.75.76.20.3-43.9%
Others2.43.33.62.74.0%
Total30.137.746.842.312.0%

Top Export Markets for Breakfast Cereal from Russia in 2022:

  1. Kazakhstan (7.7K tons)
  2. Belarus (4.6K tons)
  3. Ukraine (2.2K tons)
  4. Iraq (1.9K tons)
  5. Kyrgyzstan (1.8K tons)
  6. Mongolia (1.8K tons)
  7. Azerbaijan (1.5K tons)
  8. Uzbekistan (1.3K tons)
  9. Georgia (0.9K tons)
  10. Moldova (0.9K tons)
  11. Armenia (0.5K tons)
  12. China (0.2K tons)

Breakfast Cereal Imports in Russia

In 2022, supplies from abroad of breakfast cereals decreased by -1.3% to 24K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 8%.

In value terms, breakfast cereal imports contracted to $40M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.8%. As a result, imports attained the peak of $41M, and then dropped modestly in the following year.

Import of Breakfast Cereal in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.76.07.212.137.1%
Poland9.49.310.67.2-8.5%
Germany9.98.67.36.8-11.8%
Switzerland0.20.22.44.7186.4%
Belgium0.60.91.61.432.6%
Belarus1.41.41.71.0-10.6%
United Kingdom2.23.00.90.9-25.8%
Lithuania1.20.80.80.5-25.3%
Others9.18.48.05.2-17.0%
Total38.638.540.739.60.9%

Top Suppliers of Breakfast Cereal to Russia in 2022:

  1. Turkey (17.5K tons)
  2. Poland (1.9K tons)
  3. Germany (1.6K tons)
  4. Belgium (0.6K tons)
  5. Belarus (0.5K tons)
  6. Switzerland (0.4K tons)
  7. United Kingdom (0.3K tons)
  8. Lithuania (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the breakfast cereal market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
  • Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
  • Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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