CIS: Breakfast Cereal Market 2024

Breakfast Cereal Market Size in CIS

The CIS breakfast cereal market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a modest increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Breakfast Cereal Production in CIS

In value terms, breakfast cereal production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded mild growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Breakfast Cereal Exports

Exports in CIS

After five years of growth, overseas shipments of breakfast cereals decreased by X% to X tons in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined modestly in the following year.

In value terms, breakfast cereal exports shrank markedly to $X in 2022. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Russia prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Uzbekistan (X tons), comprising an X% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the breakfast cereals exports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. From 2012 to 2022, the share of Uzbekistan and Russia increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest breakfast cereal supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

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: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($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 a decline in the export price figures.

Breakfast Cereal Imports

Imports in CIS

In 2022, purchases abroad of breakfast cereals decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, showed a temperate increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, breakfast cereal imports contracted remarkably to $X in 2022. Total imports indicated notable growth 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. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Russia (X tons) was the main importer of breakfast cereals, making up X% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a X% share, followed by Azerbaijan (X%), Moldova (X%) and Kyrgyzstan (X%). The following importers - Armenia (X tons) and Uzbekistan (X tons) - each recorded a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to breakfast cereal imports into Russia stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Kazakhstan (X%), Moldova (X%) and Azerbaijan (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, Armenia (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.), Kyrgyzstan (X p.p.), Uzbekistan (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Armenia (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by X% against the previous year. In general, the import price saw a mild reduction. The pace of growth was the most pronounced in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :