Belarus: Market for Condensed Or Evaporated Milk (Sweetened) 2024

Market Size for Condensed Or Evaporated Milk (Sweetened) in Belarus

The Belarusian market for condensed or evaporated milk (sweetened) skyrocketed to $X in 2022, with an increase of 34% against the previous year. Over the period under review, consumption recorded resilient growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Condensed Or Evaporated Milk (Sweetened) in Belarus

In value terms, sweetened condensed and evaporated milk production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 40%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Belarus

In 2022, shipments abroad of condensed or evaporated milk (sweetened) decreased by -10% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk exports shrank slightly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 41%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for sweetened condensed and evaporated milk exports from Belarus, with a 84% share of total exports. Moreover, sweetened condensed and evaporated milk exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold. Kazakhstan (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-2.1% per year) and Kazakhstan (+3.1% per year).

In value terms, Russia ($X) remains the key foreign market for condensed or evaporated milk (sweetened) exports from Belarus, comprising 84% of total exports. The second position in the ranking was held by Ukraine ($X), with a 7.1% share of total exports. It was followed by Kazakhstan, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-3.4% per year) and Kazakhstan (+2.1% per year).

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $X per ton, rising by 6.2% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2017 an increase of 21%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($X per ton) and Russia ($X per ton), while the average price for exports to Georgia ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-1.0%), while the prices for the other major destinations experienced a decline.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Belarus

After four years of growth, supplies from abroad of condensed or evaporated milk (sweetened) decreased by -15.2% to X tons in 2022. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 109%. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, sweetened condensed and evaporated milk imports declined rapidly to $X in 2022. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 103% against the previous year. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, Russia (X tons) was the main supplier of sweetened condensed and evaporated milk to Belarus, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +18.2%.

In value terms, Russia ($X) constituted the largest supplier of condensed or evaporated milk (sweetened) to Belarus.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +14.3%.

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (sweetened) amounted to $X per ton, which is down by -2.6% against the previous year. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.3% per year.

Source: IndexBox Platform

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