Ukraine: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Ukraine

In 2021, the Ukrainian breakfast cereal market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Breakfast Cereal Production in Ukraine

In value terms, breakfast cereal production shrank modestly to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted modestly in the following year.

Breakfast Cereal Exports

Exports from Ukraine

In 2021, exports of breakfast cereals from Ukraine surged to X tons, rising by X% on 2020 figures. Overall, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports skyrocketed to $X in 2021. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Hungary (X tons) and Moldova (X tons) were the main destinations of breakfast cereal exports from Ukraine, together comprising X% of total exports. These countries were followed by the Czech Republic, Belarus, Georgia, Algeria, Latvia, China, Israel, Egypt, Azerbaijan and Sierra Leone, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sierra Leone (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Belarus ($X) and Poland ($X) appeared to be the largest markets for breakfast cereal exported from Ukraine worldwide, together accounting for X% of total exports. Georgia, Latvia, Hungary, China, Azerbaijan, the Czech Republic, Israel, Sierra Leone, Algeria and Egypt lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Sierra Leone, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the average breakfast cereal export price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the export price recorded a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($X per ton), while the average price for exports to Egypt ($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 Azerbaijan (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Breakfast Cereal Imports

Imports into Ukraine

In 2021, purchases abroad of breakfast cereals increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, breakfast cereal imports surged to $X in 2021. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of breakfast cereal imports to Ukraine, with a combined X% share of total imports.

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

In value terms, Poland ($X) constituted the largest supplier of breakfast cereal to Ukraine, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average breakfast cereal import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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