Russian Federation: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in the Russian Federation

The Russian market for processed cheese (excluding grated or powdered) declined modestly to $X in 2020, which is down by -X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in the Russian Federation

In value terms, production of processed cheese (excluding grated or powdered) shrank modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from the Russian Federation

In 2020, exports of processed cheese (excluding grated or powdered) from Russia shrank to X tons, remaining constant against 2019 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. As a result, exports reached the peak of X tons. From 2013 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of processed cheese (excluding grated or powdered) reached $X in 2020. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2013 to 2020, the growth of exports failed to regain the momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of processed cheese (excluding grated or powdered) from Russia, accounting for a X% share of total exports. Moreover, exports of processed cheese (excluding grated or powdered) to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X tons), threefold. The third position in this ranking was occupied by Belarus (X tons), with a X% share.

From 2007 to 2020, 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: Ukraine (-X% per year) and Belarus (+X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for processed cheese (excluding grated or powdered) exports from Russia, comprising X% of total exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-X% per year) and Belarus (+X% per year).

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, almost unchanged from the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into the Russian Federation

In 2020, purchases abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons, falling for the seventh consecutive year after four years of growth. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of processed cheese (excluding grated or powdered) reduced sharply to $X in 2020. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Uruguay (X tons), Belarus (X tons) and Kazakhstan (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Russia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest processed cheese (excluding grated or powdered) suppliers to Russia were Uruguay ($X), Belarus ($X) and Brazil ($X), together accounting for X% of total imports.

Belarus saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Uruguay ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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