CIS: Powdered Milk Market 2024

Powdered Milk Market Size in CIS

For the third consecutive year, the CIS powdered milk market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Powdered Milk Production in CIS

In value terms, powdered milk production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of powdered milk production was Belarus (X tons), comprising approx. X% of total volume. Moreover, powdered milk production in Belarus exceeded the figures recorded by the second-largest producer, Russia (X tons), twofold. Kazakhstan (X tons) ranked third in terms of total production with an X% share.

In Belarus, powdered milk production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Russia (X% per year) and Kazakhstan (X% per year).

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Powdered Milk Exports

Exports in CIS

In 2022, shipments abroad of powdered milk decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, powdered milk exports surged to $X in 2022. Total exports indicated a measured 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belarus dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Russia (X tons), committing a X% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Belarus amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (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, growing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Powdered Milk Imports

Imports in CIS

In 2022, imports of powdered milk in the CIS fell remarkably to X tons, with a decrease of X% compared with the previous year. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, powdered milk imports declined significantly to $X in 2022. In general, imports showed a abrupt shrinkage. 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. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the major importer of powdered milk, generating X% of total imports. Armenia (X tons) took the second position in the ranking, followed by Russia (X tons) and Uzbekistan (X tons). All these countries together took near X% share of total imports. Moldova (X tons), Azerbaijan (X tons) and Kyrgyzstan (X tons) held a minor share of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of powdered milk. At the same time, Uzbekistan (X%), Armenia (X%), Kyrgyzstan (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, Azerbaijan (X%) and Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Armenia (X p.p.), Uzbekistan (X p.p.), Moldova (X p.p.), Azerbaijan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported powdered milk in the CIS, comprising X% of total imports. The second position in the ranking was held by Armenia ($X), with an X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Armenia (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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