CIS: Baby Food Market 2024

Baby Food Market Size in CIS

In 2022, after four years of decline, there was significant growth in the CIS baby food market, when its value increased by X% to $X. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Baby Food Production in CIS

In value terms, baby food production contracted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Baby Food Exports

Exports in CIS

In 2022, after four years of growth, there was significant decline in shipments abroad of food preparations for infants, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, baby food exports reduced markedly to $X in 2022. Total exports indicated a noticeable 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. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

In 2022, Russia (X tons) was the key exporter of food preparations for infants, creating X% of total exports. It was distantly followed by Belarus (X tons), generating a X% share of total exports.

Russia was also the fastest-growing in terms of the food preparations for infants exports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest baby food supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Baby Food Imports

Imports in CIS

In 2022, overseas purchases of food preparations for infants increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, baby food imports soared to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) represented the main importer of food preparations for infants, achieving X% of total imports. Uzbekistan (X tons) held the second position in the ranking, distantly followed by Kazakhstan (X tons), Kyrgyzstan (X tons) and Azerbaijan (X tons). All these countries together took approx. X% share of total imports. The following importers - Belarus (X tons) and Tajikistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

In Russia, baby food imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

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

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

Source: IndexBox Platform

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