CIS: Organ Extracts Market 2024

Organ Extracts Market Size in CIS

The CIS organ extracts market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Organ Extracts Production in CIS

In value terms, organ extracts production dropped to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Organ Extracts Exports

Exports in CIS

Organ extracts exports shrank rapidly to X tons in 2022, which is down by X% compared with the previous year's figure. Over the period under review, exports faced a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, organ extracts exports dropped markedly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia represented the major exporter of extracts of glands or other organs or of their secretions in the CIS, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Belarus (X kg) ranks second in terms of the total exports with a X% share, followed by Kazakhstan (X%) and Uzbekistan (X%). Armenia (X kg) and Kyrgyzstan (X kg) held a minor share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Armenia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kyrgyzstan (X%), Kazakhstan (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Kazakhstan and Armenia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (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. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 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 Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Organ Extracts Imports

Imports in CIS

In 2022, purchases abroad of extracts of glands or other organs or of their secretions was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, organ extracts imports soared to $X in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Russia (X tons) represented the largest importer of extracts of glands or other organs or of their secretions, generating X% of total imports. It was distantly followed by Belarus (X tons), mixing up an X% share of total imports. The following importers - Kyrgyzstan (X tons) and Tajikistan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to organ extracts imports into Russia stood at X%. At the same time, Tajikistan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia, Kyrgyzstan and Tajikistan increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported extracts of glands or other organs or of their secretions in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with an X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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