CIS: Animal Feed Market 2024

Animal Feed Market Size in CIS

The CIS animal feed market amounted to $X in 2022, increasing by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Animal Feed Production in CIS

In value terms, animal feed production amounted to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Animal Feed Exports

Exports in CIS

In 2022, shipments abroad of animal and pet feed increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, animal feed exports soared to $X in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, Russia (X tons) represented the largest exporter of animal and pet feed, creating X% of total exports. Kazakhstan (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%) and Uzbekistan (X%). Armenia (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to animal feed exports from Russia stood at X%. At the same time, Armenia (X%), Kazakhstan (X%), Uzbekistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan (X p.p.), Uzbekistan (X p.p.) and Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest animal feed supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Animal Feed Imports

Imports in CIS

In 2022, after three years of growth, there was significant decline in supplies from abroad of animal and pet feed, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 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 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, animal feed imports declined slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) was the largest importer of animal and pet feed, achieving X% of total imports. Tajikistan (X tons) took the second position in the ranking, followed by Armenia (X tons), Belarus (X tons) and Kazakhstan (X tons). All these countries together held approx. X% share of total imports. The following importers - Uzbekistan (X tons), Moldova (X tons) and Kyrgyzstan (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to animal feed imports into Russia stood at X%. At the same time, Uzbekistan (X%), Tajikistan (X%), Kyrgyzstan (X%), Armenia (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tajikistan, Armenia, Uzbekistan, Kyrgyzstan and Moldova increased by X, X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported animal and pet feed in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, animal feed imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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