Russian Federation: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in the Russian Federation

The Russian concentrated grapefruit juice market reached $X in 2021, picking up by 3.8% 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). Over the period under review, consumption, however, faced a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concentrated Grapefruit Juice Exports

Exports from the Russian Federation

In 2021, overseas shipments of concentrated grapefruit juice were finally on the rise to reach X tons after three years of decline. In general, exports, however, showed a sharp slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concentrated grapefruit juice exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a deep reduction. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Belarus (X tons) was the main destination for concentrated grapefruit juice exports from Russia, accounting for a 92% share of total exports. Moreover, concentrated grapefruit juice exports to Belarus exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus totaled +1.1%.

In value terms, Belarus ($X) remains the key foreign market for concentrated grapefruit juice exports from Russia, comprising 96% of total exports. The second position in the ranking was held by Ukraine ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus amounted to +1.3%.

Export Prices by Country

The average concentrated grapefruit juice export price stood at $X per ton in 2021, declining by -22.1% against the previous year. Overall, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 119% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($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 (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into the Russian Federation

Concentrated grapefruit juice imports into Russia surged to X tons in 2021, rising by 17% compared with 2020. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 73%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports dropped to $X in 2021. In general, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Israel (X tons) constituted the largest concentrated grapefruit juice supplier to Russia, with a 70% share of total imports. Moreover, concentrated grapefruit juice imports from Israel exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Israel amounted to -14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+15.5% per year) and the Netherlands (-20.7% per year).

In value terms, Israel ($X) constituted the largest supplier of concentrated grapefruit juice to Russia, comprising 70% of total imports. The second position in the ranking was held by South Africa ($X), with a 19% share of total imports. It was followed by the Netherlands, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value from Israel stood at -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+15.5% per year) and the Netherlands (-17.4% per year).

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, waning by -14.7% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated grapefruit juice import price decreased by -17.9% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 65%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+290.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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