Belarus: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Belarus

In 2022, the Belarusian market for powdered, condensed or evaporated milk was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate a strong expansion. Powdered, condensed or evaporated milk consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Powdered, Condensed Or Evaporated Milk in Belarus

In value terms, powdered, condensed or evaporated milk production contracted to $X in 2022 estimated in export price. Overall, the total production indicated a slight increase 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Belarus

Powdered, condensed or evaporated milk exports from Belarus dropped to X tons in 2022, reducing by X% compared with 2021. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports soared to $X in 2022. In general, total exports indicated slight 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for powdered, condensed or evaporated milk exports from Belarus, accounting for a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to the United Arab Emirates exceeded the volume sent to the second major destination, Russia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for powdered, condensed or evaporated milk exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price 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, powdered, condensed or evaporated milk export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Russia ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Belarus

After four years of growth, purchases abroad of powdered, condensed or evaporated milk decreased by X% to X tons in 2022. Overall, imports, however, posted a measured increase. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports contracted to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest powdered, condensed or evaporated milk supplier to Belarus, with a X% share of total imports. Moreover, powdered, condensed or evaporated milk imports from Russia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold.

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

In value terms, Russia ($X) and the United Arab Emirates ($X) constituted the largest powdered, condensed or evaporated milk suppliers to Belarus.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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