Russian Federation: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in the Russian Federation

In 2022, the Russian market for powdered, condensed or evaporated milk increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Powdered, Condensed Or Evaporated Milk in the Russian Federation

In value terms, powdered, condensed or evaporated milk production rose modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from the Russian Federation

In 2022, overseas shipments of powdered, condensed or evaporated milk increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk exports dropped slightly to $X in 2022. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for powdered, condensed or evaporated milk exports from Russia, with a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X tons), sixfold. The third position in this ranking was held by Belarus (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%. 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 ($X) remains the key foreign market for powdered, condensed or evaporated milk exports from Russia, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with an X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%. 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 powdered, condensed or evaporated milk stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Moldova ($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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into the Russian Federation

In 2022, purchases abroad of powdered, condensed or evaporated milk was finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a mild setback. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports contracted slightly to $X in 2022. Over the period under review, imports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belarus (X tons) was the main supplier of powdered, condensed or evaporated milk to Russia, with a X% share of total imports. Moreover, powdered, condensed or evaporated milk imports from Belarus exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belarus was relatively modest.

In value terms, Belarus ($X) constituted the largest supplier of powdered, condensed or evaporated milk to Russia, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus amounted to X%.

Import Prices by Country

The average import price for powdered, condensed or evaporated milk stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a mild decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Belarus totaled $X per ton.

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

Source: IndexBox Platform

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