Russian Federation: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in the Russian Federation

In 2021, the Russian prepared dish and meal market increased by 33% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Prepared Dishes And Meals

Exports from the Russian Federation

In 2021, the amount of prepared dishes and meals exported from Russia skyrocketed to X tons, rising by 19% compared with the year before. In general, exports saw a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 139% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared dish and meal exports surged to $X in 2021. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 105% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for prepared dish and meal exports from Russia, with a 30% share of total exports. Moreover, prepared dish and meal exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), twofold. Uzbekistan (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+21.3% per year) and Uzbekistan (+56.5% per year).

In value terms, Kazakhstan ($X), Belarus ($X) and Ukraine ($X) appeared to be the largest markets for prepared dish and meal exported from Russia worldwide, with a combined 49% share of total exports. Uzbekistan, Azerbaijan, Mongolia, Kyrgyzstan, Poland, Armenia, Moldova, Georgia, Tajikistan and the United Arab Emirates lagged somewhat behind, together accounting for a further 30%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +51.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared dish and meal export price stood at $X per ton in 2021, growing by 13% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The export price peaked 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 export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Tajikistan ($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 the United Arab Emirates (+6.0%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Dishes And Meals

Imports into the Russian Federation

In 2021, approx. X tons of prepared dishes and meals were imported into Russia; with an increase of 24% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 105% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, prepared dish and meal imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 114%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belarus (X tons) and China (X tons) were the main suppliers of prepared dish and meal imports to Russia, together accounting for 41% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Belarus ($X) constituted the largest prepared dish and meal suppliers to Russia, together comprising 43% of total imports. The UK, Austria, China, France, Hungary, South Korea, Poland, the Netherlands, Malaysia and Indonesia lagged somewhat behind, together accounting for a further 33%.

Indonesia, with a CAGR of +25.8%, saw the highest growth rate of the value of imports, in terms of 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 prepared dish and meal import price amounted to $X per ton, with an increase of 2.4% against the previous year. Overall, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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 the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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