CIS: Liquorice Products Market 2020

Liquorice Products Market Size in CIS

The revenue of the liquorice products market in CIS amounted to $X in 2017, remaining relatively unchanged against the previous year. The liquorice products consumption continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. In that year, the liquorice products market attained their peak level of $X. From 2009 to 2017, growth of the liquorice products market stood at a somewhat lower level.

Liquorice Products Production in CIS

Russia (X tons) remains the largest liquorice products producing country in CIS, accounting for X% of total production.

Liquorice Products Exports in CIS

In 2017, approx. X tons of liquorice cakes, blocks, sticks and pastilles were exported in CIS; coming up by X% against the previous year. The liquorice products exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the liquorice products exports reached its peak figure volume of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, liquorice products exports stood at $X in 2017. The liquorice products exports continue to indicate a prominent increase. Over the period under review, the liquorice products exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Liquorice Products Exports by Country in CIS

Russia represented the main exporter of liquorice cakes, blocks, sticks and pastilles in CIS, with the volume of exports reaching X tons, which was near X% of total exports in 2017. It was distantly followed by Kazakhstan (X tons) and Belarus (X tons), together creating X% share of total exports.

Exports from Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. Belarus (X%) significantly strengthened its position in terms of the global exports, while Kazakhstan and Russia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest liquorice products supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

In Russia, liquorice products exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (-X% per year).

Liquorice Products Export Prices by Country in CIS

The liquorice products export price in CIS stood at $X per ton in 2017, remaining constant against the previous year. The liquorice products export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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

Liquorice Products Imports in CIS

In 2017, approx. X tons of liquorice cakes, blocks, sticks and pastilles were imported in CIS; increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, liquorice products imports totaled $X in 2017. The total imports indicated a tangible growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the liquorice products imports increased by +X% against 2015 indices. Over the period under review, the liquorice products imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Liquorice Products Imports by Country in CIS

In 2017, Russia (X tons) was the key importer for liquorice cakes, blocks, sticks and pastilles, making up X% of total imports. Kazakhstan (X tons) ranks second in terms of the global imports with a X% share, followed by Azerbaijan (X%), Belarus (X%) and Kyrgyzstan (X%). Armenia (X tons) and Moldova (X tons) took the minor share of total imports.

Russia experienced a relatively flat trend pattern of liquorice cakes, blocks, sticks and pastilles imports. At the same time, Moldova (+X%), Armenia (+X%), Kyrgyzstan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Azerbaijan experienced a relatively flat trend pattern. While the share of Russia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Moldova (-X%), Kazakhstan (-X%), Armenia (-X%), Kyrgyzstan (-X%) and Belarus (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Russia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Liquorice Products Import Prices by Country in CIS

In 2017, the liquorice products import price in CIS amounted to $X per ton, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belarus ($X per ton), while Azerbaijan ($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 more modest paces of growth.

Source: IndexBox Platform