CIS: Soft Drink Market 2024

Soft Drink Market Size in CIS

The CIS soft drink market declined modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated moderate 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. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then contracted modestly in the following year.

Soft Drink Production in CIS

In value terms, soft drink production contracted slightly to $X in 2022 estimated in export price. In general, production recorded a slight setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. 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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Soft Drink Exports

Exports in CIS

For the fourth consecutive year, the CIS recorded growth in overseas shipments of soft drinks, which increased by X% to X litres in 2022. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, soft drink exports dropped to $X in 2022. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell slightly in the following year.

Exports by Country

In 2022, Russia (X litres) was the key exporter of soft drinks, constituting X% of total exports. It was distantly followed by Kazakhstan (X litres) and Belarus (X litres), together committing a X% share of total exports. The following exporters - Azerbaijan (X litres) and Uzbekistan (X litres) - each finished at a X% share of total exports.

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

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

In Russia, soft drink exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per litre in 2022, therefore, remained relatively stable against the previous year. In general, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2014 to 2022, the export prices failed to regain momentum.

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

Soft Drink Imports

Imports in CIS

Soft drink imports was estimated at X litres in 2022, remaining constant against the year before. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, soft drink imports rose significantly to $X in 2022. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kazakhstan (X litres) and Russia (X litres) represented roughly X% of total imports in 2022. Kyrgyzstan (X litres) held the next position in the ranking, followed by Uzbekistan (X litres), Moldova (X litres) and Azerbaijan (X litres). All these countries together held approx. X% share of total imports. Belarus (X litres) followed a long way behind the leaders.

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, the largest soft drink importing markets in the CIS were Kazakhstan ($X), Russia ($X) and Kyrgyzstan ($X), with a combined X% share of total imports. Uzbekistan, Azerbaijan, Moldova and Belarus lagged somewhat behind, together accounting for a further X%.

Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per litre, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per litre in 2013; however, from 2014 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 Azerbaijan ($X per litre), while Moldova ($X per litre) 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 a decline in the import price figures.

Source: IndexBox Platform

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