CIS: Skim Powdered Milk Market 2024

Skim Powdered Milk Market Size in CIS

In 2022, after two years of decline, there was significant growth in the CIS skim powdered milk market, when its value increased by X% to $X. In general, consumption, however, continues to indicate a mild decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Skim Powdered Milk Production in CIS

In value terms, skim powdered milk production reached $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Skim Powdered Milk Exports

Exports in CIS

In 2022, overseas shipments of skim powdered milk decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, skim powdered milk exports reduced sharply to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belarus was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Russia (X tons), committing an X% share of total exports. The following exporters - Kyrgyzstan (X tons) and Kazakhstan (X tons) - each accounted for a X% share of total exports.

Exports from Belarus decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%), Russia (X%) and Kyrgyzstan (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 Russia (X p.p.) and 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 ($X) remains the largest skim powdered milk supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Belarus amounted to X%. In the other countries, the average annual rates were as follows: 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, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Kazakhstan ($X per ton) and Russia ($X per ton), while Kyrgyzstan ($X per ton) and Belarus ($X per ton) were 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 more modest paces of growth.

Skim Powdered Milk Imports

Imports in CIS

For the third year in a row, the CIS recorded decline in purchases abroad of skim powdered milk, which decreased by X% to X tons in 2022. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, skim powdered milk imports declined dramatically to $X in 2022. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) represented the key importer of skim powdered milk, achieving X% of total imports. Armenia (X tons) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%) and Russia (X%). The following importers - Moldova (X tons), Azerbaijan (X tons) and Kyrgyzstan (X tons) - together made up X% of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of skim powdered milk. At the same time, Uzbekistan (X%), Armenia (X%), Kyrgyzstan (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. Moldova experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.), Armenia (X p.p.), Uzbekistan (X p.p.), Moldova (X p.p.), Kyrgyzstan (X p.p.) and Azerbaijan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

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

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

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained 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

Frequently Asked Questions (FAQ) :