Russian Federation - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Russian Federation - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Russia - 2022

Contents:

  1. Whole Fresh Milk Price in Russia (CIF) - 2022
  2. Whole Fresh Milk Price in Russia (FOB) - 2022
  3. Whole Fresh Milk Imports in Russia
  4. Whole Fresh Milk Exports in Russia

Whole Fresh Milk Price in Russia (CIF) - 2022

The average whole fresh milk import price stood at $589 per ton in January 2022, dropping by -12.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2021 when the average import price increased by 5.8% month-to-month. Over the period under review, average import prices hit record highs at $670 per ton in December 2021, and then declined in the following month.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the country with the highest price was Finland ($811 per ton), while the price for Belarus ($580 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.1%), while the prices for the other major suppliers experienced a decline.

Whole Fresh Milk Price in Russia (FOB) - 2022

In January 2022, the average whole fresh milk export price amounted to $604 per ton, waning by -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2021 an increase of 6.6% m-o-m. The export price peaked at $628 per ton in November 2021; however, from December 2021 to January 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In January 2022, the highest price was recorded for prices to Georgia ($682 per ton) and Kazakhstan ($682 per ton), while the average price for exports to Ukraine ($559 per ton) and Azerbaijan ($650 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Whole Fresh Milk Imports in Russia

In 2022, supplies from abroad of whole fresh milk decreased by -34.3% to 114K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 222K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, whole fresh milk imports shrank markedly to $61M in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of $124M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Whole Fresh Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus89.610589.546.6-19.6%
Kazakhstan15.717.513.212.4-7.6%
Finland1.52.12.31.98.2%
Others0.20.20.1N/A-29.3%
Total10712410560.9-17.1%

Top Suppliers of Whole Fresh Milk to Russia in 2022:

  1. Belarus (88.8K tons)
  2. Kazakhstan (23.0K tons)
  3. Finland (2.6K tons)

Whole Fresh Milk Exports in Russia

In 2022, approx. 38K tons of whole fresh milk were exported from Russia; approximately reflecting 2021. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, whole fresh milk exports expanded sharply to $23M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Whole Fresh Milk in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine7.011.114.615.229.5%
Kazakhstan2.42.43.65.733.4%
Azerbaijan0.20.30.61.176.5%
Georgia0.20.20.90.644.2%
Others2.20.91.40.2-55.0%
Total12.014.921.122.823.9%

Top Export Markets for Whole Fresh Milk from Russia in 2022:

  1. Ukraine (26.7K tons)
  2. Kazakhstan (8.2K tons)
  3. Azerbaijan (1.7K tons)
  4. Georgia (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whole fresh milk market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo milk

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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