CIS: Animal Feed Market 2024

Animal Feed Market Size in CIS

The CIS animal feed market was estimated at $X in 2022, with an increase of 6.2% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +88.1% against 2012 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Animal Feed Production in CIS

In value terms, animal feed production amounted to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 58%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Animal Feed Exports

Exports in CIS

In 2022, animal feed exports in the CIS soared to X tons, growing by 32% on 2021 figures. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, animal feed exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 60% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Russia (X tons), Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) represented roughly 96% of total exports in 2022. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Armenia (with a CAGR of +95.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest animal feed supplying countries in the CIS were Belarus ($X), Russia ($X) and Uzbekistan ($X), with a combined 81% share of total exports. Kazakhstan and Armenia lagged somewhat behind, together accounting for a further 19%.

Armenia, with a CAGR of +90.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. Over the period under review, the export 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 suppliers, the country with the highest price was Armenia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.3%), while the other leaders experienced more modest paces of growth.

Animal Feed Imports

Imports in CIS

In 2022, supplies from abroad of animal and pet feed increased by 12% to X tons, rising for the sixth year in a row after three years of decline. Total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2016 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, animal feed imports rose markedly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Russia dominates imports structure, accounting for X tons, which was approx. 51% of total imports in 2022. It was distantly followed by Tajikistan (X tons), Armenia (X tons), Belarus (X tons) and Kazakhstan (X tons), together mixing up a 33% share of total imports. The following importers - Uzbekistan (X tons) and Moldova (X tons) - each resulted at an 8.6% share of total imports.

Imports into Russia decreased at an average annual rate of -2.0% from 2012 to 2022. At the same time, Uzbekistan (+55.8%), Tajikistan (+36.4%), Armenia (+15.3%) and Moldova (+9.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +55.8% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tajikistan, Armenia, Uzbekistan and Moldova increased by +9.3, +6.7, +4.5 and +2.1 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported animal and pet feed in the CIS, comprising 61% of total imports. The second position in the ranking was held by Belarus ($X), with an 8.4% share of total imports. It was followed by Kazakhstan, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at -1.1%. In the other countries, the average annual rates were as follows: Belarus (-7.1% per year) and Kazakhstan (+8.6% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, falling by -5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 14%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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