Russian Federation: Chili And Pepper Market 2024

Chili And Pepper Market Size in the Russian Federation

After two years of decline, the Russian chili and pepper market increased by 7.1% to $X in 2022. Overall, consumption, however, saw a pronounced reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Chili And Pepper Exports

Exports from the Russian Federation

In 2022, chili and pepper exports from Russia surged to X tons, jumping by 19% against the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 381% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chili and pepper exports expanded notably to $X in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 542% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for chili and pepper exports from Russia, accounting for a 85% share of total exports. Moreover, chili and pepper exports to Turkey exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +86.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (0.0% per year) and Kazakhstan (+40.0% per year).

In value terms, Turkey ($X) remains the key foreign market for chilies and peppers (green) exports from Russia, comprising 86% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 8.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled +59.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (0.0% per year) and Kazakhstan (+24.1% per year).

Export Prices by Country

In 2022, the average chili and pepper export price amounted to $X per ton, with a decrease of -7.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 96% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-11.4%), while the prices for the other major destinations experienced a decline.

Chili And Pepper Imports

Imports into the Russian Federation

In 2022, after three years of decline, there was significant growth in overseas purchases of chilies and peppers (green), when their volume increased by 7.6% to X tons. In general, imports, however, continue to indicate a mild setback. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, chili and pepper imports amounted to $X in 2022. Overall, imports, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Israel (X tons) constituted the largest chili and pepper supplier to Russia, accounting for a 69% share of total imports. Moreover, chili and pepper imports from Israel exceeded the figures recorded by the second-largest supplier, Belarus (X tons), fivefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Israel stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+51.6% per year) and China (-4.9% per year).

In value terms, Israel ($X) constituted the largest supplier of chilies and peppers (green) to Russia, comprising 78% of total imports. The second position in the ranking was taken by Belarus ($X), with an 8.7% share of total imports. It was followed by China, with a 7% share.

From 2012 to 2022, the average annual growth rate of value from Israel stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+46.4% per year) and China (-7.3% per year).

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2016 an increase of 13%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :