Russian Federation - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights

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Skim Powdered Milk Price in Russia - 2022

Contents:

  1. Skim Powdered Milk Price in Russia (CIF) - 2022
  2. Skim Powdered Milk Price in Russia (FOB) - 2022
  3. Skim Powdered Milk Imports in Russia
  4. Skim Powdered Milk Exports in Russia

Skim Powdered Milk Price in Russia (CIF) - 2022

The average skim powdered milk import price stood at $3,357 per ton in January 2022, surging by 4.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in December 2021 when the average import price increased by 7% against the previous month. Over the period under review, average import prices attained the maximum in January 2022.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the country with the highest price was Switzerland ($4,130 per ton), while the price for Belarus ($3,304 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 Belarus (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Skim Powdered Milk Price in Russia (FOB) - 2022

The average skim powdered milk export price stood at $3,262 per ton in January 2022, remaining constant against the previous month. Over the period under review, export price indicated a strong increase from January 2021 to January 2022: its price increased at an average monthly rate of +5.2% 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, skim powdered milk export price increased by +44.8% against July 2021 indices. The pace of growth appeared the most rapid in February 2021 an increase of 45% month-to-month. Over the period under review, the average export prices attained the peak figure in January 2022.

Average prices varied noticeably for the major external markets. In January 2022, the country with the highest price was Ukraine ($3,621 per ton), while the average price for exports to Kazakhstan amounted to $3,224 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Skim Powdered Milk Imports in Russia

For the third year in a row, Russia recorded decline in overseas purchases of skim powdered milk, which decreased by -94.2% to 3.5K tons in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -1.1% was in 2021.

In value terms, skim powdered milk imports fell sharply to $13M in 2022. In general, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.

Import of Skim Powdered Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.42.02.27.675.7%
Argentina5.0N/AN/A2.3-22.8%
Uruguay2.90.82.21.4-21.6%
Kyrgyzstan7.72.55.30.9-51.1%
New Zealand4.93.86.30.5-53.3%
Switzerland5.04.24.20.3-60.9%
Belarus166130147N/A-5.9%
Others7.32.50.30.2-69.9%
Total20014616813.1-59.7%

Top Suppliers of Skim Powdered Milk to Russia in 2022:

  1. Kazakhstan (1969.7 tons)
  2. Argentina (690.1 tons)
  3. Uruguay (312.8 tons)
  4. Kyrgyzstan (280.0 tons)
  5. New Zealand (126.0 tons)
  6. Switzerland (80.1 tons)

Skim Powdered Milk Exports in Russia

Skim powdered milk exports from Russia soared to 8K tons in 2022, rising by 33% against the year before. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 118%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, skim powdered milk exports skyrocketed to $29M in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 129% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Skim Powdered Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan5.112.512.324.969.6%
Kyrgyzstan0.1N/AN/A2.0171.4%
Armenia0.10.30.11.7157.1%
Belarus0.81.01.4N/A32.3%
OthersN/A0.10.70.6144.9%
Total6.113.914.629.268.5%

Top Export Markets for Skim Powdered Milk from Russia in 2022:

  1. Kazakhstan (6.6K tons)
  2. Kyrgyzstan (0.8K tons)
  3. Armenia (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the skim powdered milk 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:

  • FCL 898 - Dry Skim Cow Milk

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: Skim Powdered Milk - Russia