Russian Federation: Cheese And Curd Market 2024

Cheese And Curd Market Size in the Russian Federation

The Russian cheese and curd market stood at $X in 2022, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Cheese and curd consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cheese And Curd Production in the Russian Federation

In value terms, cheese and curd production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Cheese And Curd Exports

Exports from the Russian Federation

After three years of growth, shipments abroad of cheese and curd decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, cheese and curd exports contracted to $X in 2022. Overall, total exports indicated a perceptible 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. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for cheese and curd exports from Russia, with a X% share of total exports. Moreover, cheese and curd exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Belarus (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Belarus (X% per year).

In value terms, Kazakhstan ($X), Ukraine ($X) and Belarus ($X) appeared to be the largest markets for cheese and curd exported from Russia worldwide, with a combined X% share of total exports. Uzbekistan, Azerbaijan, Kyrgyzstan, Georgia, Tajikistan and Turkmenistan lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cheese And Curd Imports

Imports into the Russian Federation

After six years of growth, overseas purchases of cheese and curd decreased by X% to X tons in 2022. Over the period under review, imports showed a noticeable decline. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, cheese and curd imports shrank slightly to $X in 2022. Overall, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belarus (X tons) constituted the largest supplier of cheese and curd to Russia, accounting for a X% share of total imports. Moreover, cheese and curd imports from Belarus exceeded the figures recorded by the second-largest supplier, Argentina (X tons), more than tenfold. Serbia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belarus amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Serbia (X% per year).

In value terms, Belarus ($X) constituted the largest supplier of cheese and curd to Russia, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with an X% share of total imports. It was followed by Serbia, with a X% share.

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

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price showed a slight contraction. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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