Russian Federation: Coffee Extract Market 2024

Coffee Extract Market Size in the Russian Federation

The Russian coffee extract market reduced modestly to $X in 2021, shrinking by -2.7% against the previous year. Overall, consumption recorded a perceptible descent. The growth pace was the most rapid in 2017 with an increase of 9.7% against the previous year. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Coffee Extract Production in the Russian Federation

In value terms, coffee extract production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 17%. Coffee extract production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Coffee Extract Exports

Exports from the Russian Federation

In 2021, shipments abroad of coffee extracts, essences and concentrates increased by 30% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 76% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, coffee extract exports surged to $X in 2021. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 61% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Belarus (X tons) was the main destination for coffee extract exports from Russia, with a 27% share of total exports. Moreover, coffee extract exports to Belarus exceeded the volume sent to the second major destination, Georgia (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus totaled +26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+19.2% per year) and Turkey (+176.9% per year).

In value terms, Belarus ($X) remains the key foreign market for coffee extracts, essences and concentrates exports from Russia, comprising 35% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 6.5% share of total exports. It was followed by Turkey, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus stood at +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+62.3% per year) and Turkey (+118.3% per year).

Export Prices by Country

In 2021, the average coffee extract export price amounted to $X per ton, falling by -4.5% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.7% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports

Imports into the Russian Federation

Coffee extract imports into Russia rose to X tons in 2021, increasing by 2.3% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 11% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, coffee extract imports totaled $X in 2021. Overall, imports, however, recorded a slight decline. The pace of growth appeared the most rapid in 2016 with an increase of 8.9% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Brazil (X tons), India (X tons) and Germany (X tons) were the main suppliers of coffee extract imports to Russia, with a combined 41% share of total imports. These countries were followed by Vietnam, Switzerland, Indonesia, Ecuador, Belarus, Japan, South Korea, the UK, Malaysia and Singapore, which together accounted for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +40.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest coffee extract suppliers to Russia were Brazil ($X), India ($X) and Germany ($X), with a combined 43% share of total imports. These countries were followed by Switzerland, Vietnam, Japan, Ecuador, the UK, South Korea, Indonesia, Malaysia, Belarus and Singapore, which together accounted for a further 47%.

Among the main suppliers, Indonesia, with a CAGR of +46.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average coffee extract import price amounted to $X per ton, shrinking by -1.7% against the previous year. Over the period under review, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 6.4%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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