Report Update Nov 1, 2024

Russian Federation - Chestnut - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Chestnut Market 2024

Chestnut Market Size in the Russian Federation

The Russian chestnut market surged to $X in 2021, jumping by 34% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a abrupt downturn. Chestnut consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Chestnut Exports

Exports from the Russian Federation

In 2021, exports of chestnuts from Russia skyrocketed to X kg, increasing by 276% on 2020 figures. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chestnut exports soared to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 241% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X kg) was the main destination for chestnut exports from Russia, accounting for a 99% share of total exports. It was followed by Kazakhstan (X kg), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ukraine stood at +64.9%.

In value terms, Ukraine ($X) remains the key foreign market for chestnut exports from Russia, comprising 85% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine stood at +48.5%.

Export Prices by Country

In 2021, the average chestnut export price amounted to $X per ton, with a decrease of -17.9% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Ukraine stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+119.2%).

Chestnut Imports

Imports into the Russian Federation

In 2021, the amount of chestnuts imported into Russia soared to X tons, jumping by 26% against 2020. Overall, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 106%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, chestnut imports surged to $X in 2021. Over the period under review, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 77% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Georgia (X tons) constituted the largest chestnut supplier to Russia, accounting for a 68% share of total imports. Moreover, chestnut imports from Georgia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Georgia amounted to +28.1%.

In value terms, the largest chestnut suppliers to Russia were Georgia ($X) and China ($X).

Georgia, with a CAGR of +25.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average chestnut import price stood at $X per ton in 2021, increasing by 7.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Georgia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the world?

The country with the largest volume of chestnut consumption was China, comprising approx. 80% of total volume. Moreover, chestnut consumption in China exceeded the figures recorded by the second-largest consumer, Bolivia, more than tenfold. The third position in this ranking was occupied by Turkey, with a 3.1% share.

What are the largest producers of chestnuts in the world?

The country with the largest volume of chestnut production was China, accounting for 81% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Bolivia, more than tenfold. The third position in this ranking was occupied by Turkey, with a 3.5% share.

What are the leading suppliers of chestnuts to the Russian Federation?

In value terms, the largest chestnut suppliers to Russia were Georgia and China.

What are the leading importers of chestnuts from the Russian Federation?

In value terms, Ukraine $950) remains the key foreign market for chestnut exports from Russia.

What is the average export price for chestnuts in the Russian Federation?

In 2021, the average chestnut export price amounted to $157 per ton, surging by 5.8% against the previous year.

What is the average import price for chestnuts in the Russian Federation?

In 2021, the average chestnut import price amounted to $1,737 per ton, with an increase of 7.9% against the previous year.

This report provides an in-depth analysis of the chestnut 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 220 - Chestnuts

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Area Harvested, 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