Russian Federation: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in the Russian Federation

The Russian market for concentrated lemon and other citrus fruit juice surged to $X in 2021, jumping by 40% 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). In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +51.2% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in overseas shipments of concentrated lemon and other citrus fruit juice, which increased by 37% to X tons in 2021. Over the period under review, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 200%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, exports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 255% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Russia, accounting for a 53% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Kazakhstan exceeded the volume sent to the second major destination, Uzbekistan (X tons), threefold. The third position in this ranking was taken by Belarus (X tons), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan totaled +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+70.9% per year) and Belarus (+9.2% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Russia, comprising 66% of total exports. The second position in the ranking was taken by Belarus ($X), with a 15% share of total exports. It was followed by Uzbekistan, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+18.5% per year) and Uzbekistan (+66.9% per year).

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for concentrated lemon and other citrus fruit juice increased by +67.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Uzbekistan ($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 Armenia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into the Russian Federation

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were imported into Russia; rising by 48% against the previous year. In general, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Georgia (X tons), the Netherlands (X tons) and Israel (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Russia, together comprising 71% of total imports.

From 2012 to 2021, the biggest increases were in Georgia (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest concentrated lemon and other citrus fruit juice suppliers to Russia, with a combined 51% share of total imports.

Georgia, with a CAGR of +50.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, reducing by -7.3% against the previous year. Over the period under review, the import price showed a noticeable descent. The growth pace was the most rapid in 2014 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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