CIS: Maize Bran Market 2024

Maize Bran Market Size in CIS

The CIS maize bran market rose to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Maize Bran Production in CIS

In value terms, maize bran production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Maize Bran Exports

Exports in CIS

Maize bran exports soared to X tons in 2022, jumping by X% compared with the previous year. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, maize bran exports soared to $X in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to maize bran exports from Russia stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kazakhstan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest maize bran supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize bran export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

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

Maize Bran Imports

Imports in CIS

In 2022, supplies from abroad of maize bran increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, maize bran imports dropped to $X in 2022. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Uzbekistan (X tons), Armenia (X tons) and Tajikistan (X tons) represented the major importer of maize bran in the CIS, constituting X% of total import. Russia (X tons) took the next position in the ranking, followed by Belarus (X tons) and Kazakhstan (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest maize bran importing markets in the CIS were Belarus ($X), Uzbekistan ($X) and Tajikistan ($X), together comprising X% of total imports. Armenia, Russia and Kazakhstan lagged somewhat behind, together comprising a further X%.

Armenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($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

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