Russian Federation: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in the Russian Federation

The Russian preparations for animal feeding market was estimated at $X in 2022, with an increase of 2% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.9% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Preparations Used In Animal Feeding in the Russian Federation

In value terms, preparations for animal feeding production expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Preparations Used In Animal Feeding

Exports from the Russian Federation

In 2022, overseas shipments of preparations used in animal feeding decreased by -10% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, preparations for animal feeding exports fell to $X in 2022. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Kazakhstan (X tons), France (X tons) and Germany (X tons) were the main destinations of preparations for animal feeding exports from Russia, with a combined 39% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +283.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preparations for animal feeding exported from Russia were Kazakhstan ($X), France ($X) and Germany ($X), together comprising 42% of total exports.

In terms of the main countries of destination, France, with a CAGR of +269.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, falling by -2.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Ukraine ($X per ton), while the average price for exports to Serbia ($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 Turkey (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports into the Russian Federation

In 2022, the amount of preparations used in animal feeding imported into Russia stood at X tons, flattening at the previous year. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 11%. 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, preparations for animal feeding imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 26%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

Norway (X tons), France (X tons) and Italy (X tons) were the main suppliers of preparations for animal feeding imports to Russia, together comprising 45% of total imports. Belarus, China, Belgium, Malaysia, Germany, Hungary, the Netherlands, Austria, Brazil and Kazakhstan lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of +113.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Norway ($X) were the largest preparations for animal feeding suppliers to Russia, with a combined 47% share of total imports. Belarus, China, Belgium, Germany, Hungary, Austria, the Netherlands, Malaysia, Brazil and Kazakhstan lagged somewhat behind, together accounting for a further 45%.

Kazakhstan, with a CAGR of +100.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preparations for animal feeding import price stood at $X per ton in 2022, declining by -4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2016 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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