Production of Whole Milk Substitutes (WMS)
In 2008 vs. 2007, the volume of WMS production in Russia increased by 8.9 and 18.6% in physical and monetary terms, respectively.
Source: Research Company Abercade
Market Research: Market of Whole Milk Substitutes in 2008
The aggregate share of the Russian seven major WMS producers (over 2.0% of the overall volume) in 2008 exceeded 96.4% in physical and value terms.
Import of WMS
In 2008 vs. 2007, the volume of WMS imports increased by 2.4 and 11.8% in physical and monetary terms, respectively.
In 2008, the following companies were the top WMS importers: Sloten B.V. (Netherlands) – its share in the total import volume made reached 26.0% in physical terms, Vreugdenhil B.V. (Netherlands) – 24.2 % and Nutrifeed Veghel (Netherlands) – 23.9 %. The aggregate volume of WMS supplies in 2008 by eight top companies (more than 2.0% of the total import volume) was 96.1 and 96.4% in physical and monetary terms, respectively.
It is worth noting that companies from Netherlands run first among importers of WMS to the Russian market. Their aggregate share in 2008 reached 93.0 and 93.4% in physical and value terms, respectively.
Export of WMS
As compared with 2007, in 2008 the volume of WMS exports increased by 3.7 and 4.0 times in physical and monetary terms, respectively.
Over the last three years, WMS were exported only to two countries – Kazakhstan and Netherlands.
The article is based on studies performed by Research Company Abercade