CIS: Milk Market 2024

Milk Market Size in CIS

The CIS milk market contracted slightly to $X in 2022, stabilizing at the previous year. Overall, consumption continues to indicate a slight slump. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Milk Production in CIS

In value terms, milk production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of milk production was Russia (X tons), accounting for X% of total volume. Moreover, milk production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), threefold. The third position in this ranking was held by Belarus (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Russia was relatively modest. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Belarus (X% per year).

Milk Exports

Exports in CIS

In 2022, approx. X tons of milk were exported in the CIS; dropping by X% compared with 2021. Overall, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, milk exports declined slightly to $X in 2022. Over the period under review, exports saw a pronounced decline. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belarus represented the key exporter of milk in the CIS, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Kazakhstan (X%). Kyrgyzstan (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to milk exports from Belarus stood at X%. At the same time, Kazakhstan (X%) and Russia (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. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Kazakhstan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest milk supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Belarus, milk exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Milk Imports

Imports in CIS

In 2022, imports of milk in the CIS dropped markedly to X tons, which is down by X% on the previous year's figure. In general, imports showed a pronounced decrease. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, milk imports reduced markedly to $X in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the key importer of milk in the CIS, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Moldova (X tons) took the second position in the ranking, followed by Kazakhstan (X tons). All these countries together took near X% share of total imports. The following importers - Kyrgyzstan (X tons) and Azerbaijan (X tons) - each reached a X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%), Kyrgyzstan (X%) and Azerbaijan (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Moldova (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Moldova (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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