CIS: Buttermilk Market 2020

Buttermilk Market Size in CIS

The revenue of the buttermilk market in CIS amounted to $X in 2017, rising by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. The level of buttermilk consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Buttermilk Production in CIS

In 2017, the amount of buttermilk produced in CIS stood at X tons, remaining stable against the previous year. The buttermilk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. The volume of buttermilk production peaked in 2017, and is expected to retain its growth in the near future.

Buttermilk Exports in CIS

In 2017, the amount of buttermilk exported in CIS totaled X tons, surging by X% against the previous year. The buttermilk exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, buttermilk exports totaled $X in 2017. The buttermilk exports continue to indicate a remarkable growth. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Exports by Country in CIS

Belarus represented the largest exporter of buttermilk in CIS, with the volume of exports accounting for X tons, which was near X% of total exports in 2017. It was distantly followed by Russia (X tons), comprising X% share of total exports. Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Belarus (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest buttermilk markets worldwide were Belarus ($X), Russia ($X) and Kyrgyzstan ($X), together accounting for X% of total exports.

In terms of the main exporting countries , Belarus (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Buttermilk Export Prices by Country in CIS

The buttermilk export price in CIS stood at $X per ton in 2017, coming down by -X% against the previous year. The buttermilk export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Russia ($X per ton) and Belarus ($X per ton), while Kyrgyzstan ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Buttermilk Imports in CIS

In 2017, the amount of buttermilk imported in CIS amounted to X tons, picking up by X% against the previous year. The buttermilk imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, buttermilk imports amounted to $X in 2017. The buttermilk imports continue to indicate a strong growth. In that year, the buttermilk imports reached their peak level, and are likely to continue its growth in the immediate term.

Buttermilk Imports by Country in CIS

Russia represented the largest importer of buttermilk in CIS, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Azerbaijan (X tons) and Belarus (X tons). All these countries together occupied near X% share of total imports. Moldova (X tons) followed a long way behind the leaders.

Russia was also the fastest growing in terms of the buttermilk imports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%), Azerbaijan (+X%) and Moldova (+X%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. From 2007 to 2017, the share of Azerbaijan, Belarus and Russia decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported buttermilk in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Azerbaijan, with a X% share.

In Russia, buttermilk imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Azerbaijan (+X% per year).

Buttermilk Import Prices by Country in CIS

In 2017, the buttermilk import price in CIS amounted to $X per ton, coming up by X% against the previous year. The buttermilk import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, an increase of X% y-o-y. Over the period under review, the import prices for buttermilk attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Azerbaijan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform