Russian Federation: Cream Fresh Market 2024

Cream Fresh Market Size in the Russian Federation

In 2022, the Russian cream fresh market decreased by X% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption saw a abrupt downturn. Cream fresh consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cream Fresh Production in the Russian Federation

In value terms, cream fresh production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Cream Fresh Exports

Exports from the Russian Federation

In 2022, shipments abroad of cream fresh decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, cream fresh exports shrank dramatically to $X in 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for cream fresh exports from Russia, accounting for a X% share of total exports. Moreover, cream fresh exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), fourfold. Georgia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Georgia (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for cream fresh exports from Russia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Georgia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Georgia (X% per year).

Export Prices by Country

In 2022, the average cream fresh export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Kyrgyzstan ($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 Uzbekistan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cream Fresh Imports

Imports into the Russian Federation

In 2022, the amount of cream fresh imported into Russia plummeted to X tons, waning by X% compared with 2021 figures. In general, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cream fresh imports shrank significantly to $X in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Azerbaijan (X tons) constituted the largest cream fresh supplier to Russia, accounting for a X% share of total imports. Moreover, cream fresh imports from Azerbaijan exceeded the figures recorded by the second-largest supplier, Kyrgyzstan (X tons), sixfold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

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

In value terms, Azerbaijan ($X) constituted the largest supplier of cream fresh to Russia, comprising X% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

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

Import Prices by Country

The average cream fresh import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :