CIS: Cheese And Curd Market 2024

Cheese And Curd Market Size in CIS

The CIS cheese and curd market expanded to $X in 2022, with an increase of 2.7% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cheese And Curd Production in CIS

In value terms, cheese and curd production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 30% against the previous year. 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.

Cheese And Curd Exports

Exports in CIS

For the fifth consecutive year, the CIS recorded growth in shipments abroad of cheese and curd, which increased by 4.4% to X tons in 2022. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, cheese and curd exports reached $X in 2022. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Belarus prevails in exports structure, finishing at X tons, which was approx. 88% of total exports in 2022. It was distantly followed by Russia (X tons), making up a 9.1% share of total exports.

Belarus was also the fastest-growing in terms of the cheese and curd exports, with a CAGR of +9.0% from 2012 to 2022. At the same time, Russia (+3.7%) displayed positive paces of growth. While the share of Belarus (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (-5 p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest cheese and curd supplier in the CIS, comprising 90% of total exports. The second position in the ranking was taken by Russia ($X), with a 7.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belarus stood at +8.5%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, surging by 3.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 22%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-0.4%).

Cheese And Curd Imports

Imports in CIS

After six years of growth, supplies from abroad of cheese and curd decreased by -1% to X tons in 2022. Over the period under review, imports showed a slight reduction. The growth pace was the most rapid in 2018 with an increase of 15%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, cheese and curd imports amounted to $X in 2022. Overall, imports showed a perceptible decline. The pace of growth was the most pronounced in 2017 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, resulting at X tons, which was near 82% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), committing a 9.1% share of total imports. The following importers - Azerbaijan (X tons), Moldova (X tons), Uzbekistan (X tons) and Belarus (X tons) - each accounted for a 7.3% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cheese and curd imports into Russia stood at -2.3%. At the same time, Uzbekistan (+39.7%), Moldova (+8.3%), Belarus (+6.1%), Kazakhstan (+4.6%) and Azerbaijan (+3.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +39.7% from 2012-2022. Kazakhstan (+3.9 p.p.) and Uzbekistan (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -9.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported cheese and curd in the CIS, comprising 81% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 10% share of total imports. It was followed by Moldova, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at -3.6%. In the other countries, the average annual rates were as follows: Kazakhstan (+4.6% per year) and Moldova (+10.9% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with an increase of 1.9% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 an increase of 22%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Moldova ($X per ton) and Kazakhstan ($X per ton), while Azerbaijan ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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