CIS: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in CIS

The CIS breakfast cereal market stood at $X in 2021, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Breakfast Cereal Production in CIS

In value terms, breakfast cereal production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Breakfast Cereal Exports

Exports in CIS

In 2021, overseas shipments of breakfast cereals increased by X% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports surged to $X in 2021. Overall, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Russia prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2021. It was distantly followed by Belarus (X tons), committing an X% share of total exports. The following exporters - Kazakhstan (X tons) and Uzbekistan (X tons) - together made up X% of total exports.

Exports from Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Uzbekistan (+X%), Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. While the share of Russia (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest breakfast cereal supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Uzbekistan ($X per ton) and Belarus ($X per ton), while Kazakhstan ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-X%), while the other leaders experienced a decline in the export price figures.

Breakfast Cereal Imports

Imports in CIS

Breakfast cereal imports rose significantly to X tons in 2021, increasing by X% against 2020 figures. In general, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, breakfast cereal imports rose significantly to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons) represented the key importer of breakfast cereals, mixing up X% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Belarus (X tons), Azerbaijan (X tons) and Moldova (X tons). All these countries together held near X% share of total imports. The following importers - Kyrgyzstan (X tons) and Armenia (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to breakfast cereal imports into Russia stood at +X%. At the same time, Kyrgyzstan (+X%), Kazakhstan (+X%), Belarus (+X%), Armenia (+X%), Moldova (+X%) and Azerbaijan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. Kazakhstan (+X p.p.), Belarus (+X p.p.) and Kyrgyzstan (+X p.p.) significantly strengthened its position in terms of the total imports, while Russia and Azerbaijan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported breakfast cereals in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2013 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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