CIS: Market for Butter And Dairy Spreads 2024

Market Size for Butter And Dairy Spreads in CIS

The CIS butter and dairy spreads market contracted notably to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a deep contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Butter And Dairy Spreads in CIS

In value terms, butter and dairy spreads production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of butter and dairy spreads production was Belarus (X tons), accounting for X% of total volume. Moreover, butter and dairy spreads production in Belarus exceeded the figures recorded by the second-largest producer, Kyrgyzstan (X tons), more than tenfold.

In Belarus, butter and dairy spreads production remained relatively stable over the period from 2012-2022.

Exports of Butter And Dairy Spreads

Exports in CIS

Butter and dairy spreads exports amounted to X tons in 2022, picking up by X% against the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, butter and dairy spreads exports soared to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Belarus prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Kyrgyzstan (X tons), generating a X% share of total exports. The following exporters - Kazakhstan (X tons), Armenia (X tons) and Russia (X tons) - together made up X% of total exports.

Belarus experienced a relatively flat trend pattern with regard to volume of exports of butter and dairy spreads. At the same time, Armenia (X%), Kazakhstan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Kazakhstan and Armenia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest butter and dairy spreads supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Belarus stood at X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, picking up by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and dairy spreads export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Imports of Butter And Dairy Spreads

Imports in CIS

In 2022, supplies from abroad of butter and dairy spreads decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, butter and dairy spreads imports reduced remarkably to $X in 2022. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons), distantly followed by Azerbaijan (X tons), Kazakhstan (X tons), Armenia (X tons) and Moldova (X tons) were the main importers of butter and dairy spreads, together committing X% of total imports. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Moldova (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest butter and dairy spreads importing markets in the CIS were Russia ($X), Azerbaijan ($X) and Kazakhstan ($X), with a combined X% share of total imports. Armenia, Moldova and Uzbekistan lagged somewhat behind, together comprising a further X%.

Moldova, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Armenia ($X per ton) and Uzbekistan ($X per ton), while Russia ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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