Russian Federation - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Russian Federation - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Unsweetened Condensed and Evaporated Milk in Russia - 2022

Contents:

  1. Price for Unsweetened Condensed and Evaporated Milk in Russia (FOB) - 2022
  2. Price for Unsweetened Condensed and Evaporated Milk in Russia (CIF) - 2022
  3. Exports of Unsweetened Condensed and Evaporated Milk in Russia
  4. Imports of Unsweetened Condensed and Evaporated Milk in Russia

Price for Unsweetened Condensed and Evaporated Milk in Russia (FOB) - 2022

In January 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $1,595 per ton, rising by 8.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices hit record highs at $1,626 per ton in October 2021; afterwards, it flattened through to January 2022.

There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Belarus ($3,419 per ton), while the average price for exports to Kazakhstan amounted to $1,515 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.3%).

Price for Unsweetened Condensed and Evaporated Milk in Russia (CIF) - 2022

In January 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $1,595 per ton, rising by 2.4% against the previous month. Overall, import price indicated a notable increase from January 2021 to January 2022: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, unsweetened condensed and evaporated milk import price increased by +2.4% against December 2021 indices. The pace of growth appeared the most rapid in February 2021 when the average import price increased by 56% m-o-m. The import price peaked in January 2022.

As there is only one major supplying country, the average price level is determined by prices for Belarus.

From January 2021 to January 2022, the rate of growth in terms of prices for Belarus amounted to +4.9% per month.

Exports of Unsweetened Condensed and Evaporated Milk in Russia

In 2022, the amount of condensed or evaporated milk (unsweetened) exported from Russia dropped slightly to 4.6K tons, reducing by -3% compared with 2021 figures. In general, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 6.5% against the previous year.

In value terms, unsweetened condensed and evaporated milk exports declined to $6.2M in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%.

Export of Unsweetened Condensed and Evaporated Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6.95.76.55.6-6.7%
BelarusN/AN/AN/A0.60%
OthersN/AN/A0.1N/A0%
Total6.95.76.66.2-3.5%

Top Export Markets for Unsweetened Condensed and Evaporated Milk from Russia in 2022:

  1. Kazakhstan (4.4K tons)
  2. Belarus (0.2K tons)

Imports of Unsweetened Condensed and Evaporated Milk in Russia

In 2022, the amount of condensed or evaporated milk (unsweetened) imported into Russia skyrocketed to 5.8K tons, increasing by 103% compared with the year before. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 123%. As a result, imports reached the peak of 8.7K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk imports surged to $5.8M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.

Import of Unsweetened Condensed and Evaporated Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus5.38.13.55.83.1%
Others0.5N/AN/AN/A0%
Total5.88.13.55.80.0%

Top Suppliers of Unsweetened Condensed and Evaporated Milk to Russia in 2022:

  1. Belarus (5.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk 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:

  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated

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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Free Data: Condensed Or Evaporated Milk (Unsweetened) - Russia