CIS: Canned Food Market 2024

Canned Food Market Size in CIS

In 2023, after two years of growth, there was significant decline in the CIS canned food market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2022, and then dropped in the following year.

Canned Food Production in CIS

In value terms, canned food production shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then reduced in the following year.

Canned Food Exports

Exports in CIS

Canned food exports expanded sharply to X tons in 2023, surging by X% against 2022 figures. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, canned food exports dropped to $X in 2023. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2022, and then declined in the following year.

Exports by Country

Russia was the main exporting country with an export of around X tons, which finished at X% of total exports. Belarus (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (X%). Armenia (X tons), Moldova (X tons) and Kazakhstan (X tons) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to canned food exports from Russia stood at X%. At the same time, Uzbekistan (X%), Armenia (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Moldova (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia and Uzbekistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest canned food supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Armenia (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, falling by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Canned Food Imports

Imports in CIS

In 2023, approx. X tons of canned food were imported in the CIS; with an increase of X% on 2022. In general, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, canned food imports rose notably to $X in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2014; afterwards, it flattened through to 2023.

Imports by Country

Russia was the major importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Kazakhstan (X tons), Uzbekistan (X tons) and Belarus (X tons), together making up a X% share of total imports. The following importers - Azerbaijan (X tons), Kyrgyzstan (X tons) and Armenia (X tons) - together made up X% of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Armenia (X%), Azerbaijan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Uzbekistan, Kazakhstan, Belarus, Kyrgyzstan and Armenia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported canned food in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, canned food imports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, shrinking by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform