CIS: Cereal Flour Market 2024

Cereal Flour Market Size in CIS

The CIS cereal flour market fell slightly to $X in 2022, shrinking by X% against the previous year. Overall, consumption continues to indicate a mild reduction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cereal Flour Production in CIS

In value terms, cereal flour production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Cereal Flour Exports

Exports in CIS

In 2022, exports of cereal flours in the CIS surged to X tons, with an increase of X% compared with the year before. Over the period under review, exports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, cereal flour exports soared to $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Russia (X tons) and Uzbekistan (X tons), together making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cereal flour exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

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

In Kazakhstan, cereal flour exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Cereal Flour Imports

Imports in CIS

In 2022, supplies from abroad of cereal flours increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports saw moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cereal flour imports surged to $X in 2022. In general, imports showed tangible growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Uzbekistan was the major importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Russia (X tons) and Tajikistan (X tons), together constituting a X% share of total imports. The following importers - Moldova (X tons), Armenia (X tons), Azerbaijan (X tons) and Kazakhstan (X tons) - each recorded a X% share of total imports.

Imports into Uzbekistan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%), Kazakhstan (X%), Russia (X%) and Azerbaijan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Moldova (X%) and Tajikistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Russia, Armenia and Kazakhstan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported cereal flours in the CIS, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Tajikistan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Moldova ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :