Concentrated or sweetened milk and cream market in CIS

Earlier Report Observations

From 2018 to 2020, the market for concentrated or sweetened milk and cream in the CIS was influenced by major raw milk producers like the Agroholding Ekoniva, which underpinned supply. The active launch of new products in 2019, especially in yogurt and cheese categories, stimulated consumer interest and drove market growth in both volume and value. Sustained high demand for dairy products in 2020 supported continued value growth despite a minor contraction in physical volume.

Structural shifts emerged from 2021, where a more than 1.5-fold increase in cream production and growing popularity of fermented milk drinks like ayran contributed to higher market value even as total physical volume declined. In 2022, increased milk and cream output across key Russian federal districts fueled a sharp rebound in both market volume and value. By 2023, ongoing growth in raw milk production and double-digit output increases for cream, cheese, and ice cream further expanded physical volume, although the total market value receded from the previous year's peak.

Production concentrated or sweetened milk and cream in CIS

In kind, 2017-2020, K t

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

Production of concentrated or sweetened milk and cream in the CIS has increased for the second consecutive year. In 2020, the region produced 1 193 K t, marking a modest gain of 1.2% compared to the previous year. Looking at the period from 2017 to 2020, production grew by 7.6%, which translates to an average annual rate of 2.5%. The lowest production level was recorded in 2018 at 1 102 K t, with the largest decline that year at 0.6%. In contrast, 2019 saw the most significant increase, with production rising by 7.0%.

Annual dynamics of production in CIS in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Production of concentrated or sweetened milk and cream in the CIS has increased for the second consecutive year. In 2020, the output was valued at 3 033 M $ US, representing a modest gain of 6.1% over the previous year. From 2017 to 2020, production value increased by 15.7%, with a compound annual growth rate of 5.0%. The lowest value was recorded in 2018 at 2 464 M $ US, which also saw the largest decline of 6.0%. The most substantial increase occurred in 2019, with a 16.0% rise.

Annual dynamics of production in CIS in value, 2017-2020, M $ US

Exports concentrated or sweetened milk and cream from CIS

Exports in kind, K t

In 2020, the CIS exported 199.7 K t of concentrated or sweetened milk and cream, showing a slight drop of 1.2% compared to the previous year. Between 2017 and 2020, exports decreased by 8.9%, averaging an annual decline of 3.1%. The lowest export volume was recorded in 2018 at 196.2 K t, which also experienced the largest decline of 10.5%. In 2019, exports saw the biggest increase, rising by 3.0%.

Annual dynamics of product's exports from CIS in kind, 2017-2020, K t

From 2017 to 2020, exports of concentrated or sweetened milk and cream from the CIS were relatively evenly distributed. China accounted for 5.6% of exports in kind, Ukraine for 3.1%, and Georgia for 1.0%, with these three countries together representing only 9.7% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from CIS in kind, 2017-2020

Exports in value, M $ US

The value of concentrated or sweetened milk and cream exports from the CIS has increased for the second consecutive year. In 2020, exports reached 507.5 M $ US, up by 3.6% compared to the prior year. The lowest value was recorded in 2018 at 438.5 M $ US, which also saw the largest decline of 15.3%. The most significant increase occurred in 2019, with exports rising by 11.7%.

Annual dynamics of product's exports from CIS in value, 2017-2020, M $ US

Between 2017 and 2020, the country structure of exports in value terms remained highly diversified. China accounted for 5.9% of exports in value terms, Ukraine for 3.1%, and Bangladesh for 1.0%, with these three countries together making up only 9.9% of total flows. The remaining 90.1% was formed by a long tail of smaller markets.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from CIS in value, 2017-2020

Imports concentrated or sweetened milk and cream to CIS

Imports in kind, K t

In 2020, the CIS imported 153.5 K t of concentrated or sweetened milk and cream, indicating a dramatic decrease of 29.5% year-over-year. Over the period from 2017 to 2020, imports fell by 45.1%, with a compound annual decline rate of 18.1%. The largest decline was recorded in 2018 at 43.5%, while 2019 saw the biggest increase, with imports rising by 37.8%.

Annual dynamics of product's imports to CIS in kind, 2017-2020, K t

From 2017 to 2020, imports of concentrated or sweetened milk and cream to the CIS were widely dispersed across partner countries. Ukraine accounted for 4.7% of imports in kind, Uruguay for 3.8%, and New Zealand for 2.4%, with these three countries together representing only 10.8% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to CIS in kind, 2017-2020

Imports in value, M $ US

In 2020, the CIS imported concentrated or sweetened milk and cream valued at 482.1 M $ US, corresponding to a strong contraction of 12.1% compared to 2019. Over the period from 2017 to 2020, imports decreased by 29.2%, with a compound annual decline rate of 10.9%. The lowest value was recorded in 2018 at 420.5 M $ US, which also experienced the largest decline of 38.2%. The most substantial increase occurred in 2019, with imports rising by 30.4%.

Annual dynamics of product's imports to CIS in value, 2017-2020, M $ US

Between 2017 and 2020, imports in value terms of concentrated or sweetened milk and cream to the CIS were spread across many countries. Uruguay accounted for 5.4% of imports in value terms, Ukraine for 4.2%, and New Zealand for 3.4%, with these three countries jointly accounting for only 13.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to CIS in value, 2017-2020