Russian Federation: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in the Russian Federation

The Russian sweet biscuit market stood at $X in 2021, leveling off at the previous year. Overall, consumption saw a pronounced decline. Sweet biscuit consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sweet Biscuit Production in the Russian Federation

In value terms, sweet biscuit production rose slightly to $X in 2021 estimated in export price. Overall, production recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 20%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Sweet Biscuit Exports

Exports from the Russian Federation

In 2021, shipments abroad of sweet biscuits increased by 6.8% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.1% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, sweet biscuit exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 20%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Kyrgyzstan (X tons) were the main destinations of sweet biscuit exports from Russia, together accounting for 59% of total exports. These countries were followed by Tajikistan, Mongolia, Georgia, Ukraine, Uzbekistan, Azerbaijan, China and Armenia, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +57.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Russia were Kazakhstan ($X), Belarus ($X) and Kyrgyzstan ($X), with a combined 56% share of total exports. These countries were followed by Mongolia, Tajikistan, Uzbekistan, Azerbaijan, Georgia, Ukraine, Armenia and China, which together accounted for a further 37%.

China, with a CAGR of +55.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sweet biscuit export price amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the export price, however, showed a pronounced decline. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Armenia ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (-0.2%), while the prices for the other major destinations experienced a decline.

Sweet Biscuit Imports

Imports into the Russian Federation

In 2021, overseas purchases of sweet biscuits were finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a deep setback. The growth pace was the most rapid in 2018 when imports increased by 33%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, sweet biscuit imports skyrocketed to $X in 2021. In general, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2018 when imports increased by 37%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Kazakhstan (X tons) and Belarus (X tons) were the main suppliers of sweet biscuit imports to Russia, with a combined 50% share of total imports. These countries were followed by Italy, China, Spain, the Czech Republic, the UK, South Korea, Turkey, Germany, Egypt and Vietnam, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +104.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweet biscuit suppliers to Russia were Poland ($X), Kazakhstan ($X) and Italy ($X), together accounting for 43% of total imports. These countries were followed by Belarus, Spain, China, South Korea, the Czech Republic, the UK, Germany, Turkey, Egypt and Vietnam, which together accounted for a further 43%.

Among the main suppliers, the Czech Republic, with a CAGR of +97.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sweet biscuit import price amounted to $X per ton, growing by 5.3% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 an increase of 13% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :