Russian Federation: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in the Russian Federation

The Russian buttermilk and buttermilk powder market reduced modestly to $X in 2022, with a decrease of -1.7% against the previous year. In general, consumption saw a abrupt descent. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Buttermilk And Buttermilk Powder in the Russian Federation

In value terms, buttermilk and buttermilk powder production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 15%. 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.

Exports of Buttermilk And Buttermilk Powder

Exports from the Russian Federation

After three years of growth, shipments abroad of buttermilk and buttermilk powder decreased by -4.5% to X tons in 2022. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 9.8%. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, buttermilk and buttermilk powder exports shrank to $X in 2022. Over the period under review, exports showed a mild shrinkage. The growth pace was the most rapid in 2017 when exports increased by 21%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for buttermilk and buttermilk powder exports from Russia, accounting for a 37% share of total exports. Moreover, buttermilk and buttermilk powder exports to Kazakhstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. Tajikistan (X tons) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+91.8% per year) and Tajikistan (+8.0% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for buttermilk and buttermilk powder exports from Russia, comprising 36% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 12% share of total exports. It was followed by Azerbaijan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+74.9% per year) and Azerbaijan (+0.4% per year).

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, shrinking by -3.2% against the previous year. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Buttermilk And Buttermilk Powder

Imports into the Russian Federation

In 2022, the amount of buttermilk and buttermilk powder imported into Russia rose notably to X tons, with an increase of 9.7% against the year before. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 150%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, buttermilk and buttermilk powder imports expanded markedly to $X in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 167%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belarus (X tons) was the main supplier of buttermilk and buttermilk powder to Russia, with a 91% share of total imports. Moreover, buttermilk and buttermilk powder imports from Belarus exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Belarus amounted to +17.2%.

In value terms, Belarus ($X) constituted the largest supplier of buttermilk and buttermilk powder to Russia, comprising 95% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus stood at +19.6%.

Import Prices by Country

The average buttermilk and buttermilk powder import price stood at $X per ton in 2022, increasing by 3% against the previous year. Overall, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 24%. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Kazakhstan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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