Russian Federation: Fructose Market 2025

Fructose Market Size in the Russian Federation

For the fourth year in a row, the Russian fructose market recorded decline in sales value, which decreased by -32.9% to $X in 2021. In general, consumption showed a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Fructose Exports

Exports from the Russian Federation

For the fifth consecutive year, Russia recorded growth in shipments abroad of fructose and fructose syrup, which increased by 500% to X tons in 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fructose exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X tons), South Africa (X tons) and Colombia (X tons) were the main destinations of fructose exports from Russia, together comprising 33% of total exports. Egypt, Senegal, Uzbekistan, Kazakhstan, Peru, Ghana, Nigeria, Turkey, Ecuador and Mexico lagged somewhat behind, together comprising a further 51%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +476.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fructose exported from Russia were Belarus ($X), Kazakhstan ($X) and South Africa ($X), together accounting for 33% of total exports. Colombia, Egypt, Uzbekistan, Senegal, Peru, Nigeria, Turkey, Ghana, Mexico and Ecuador lagged somewhat behind, together accounting for a further 45%.

Egypt, with a CAGR of +390.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fructose export price amounted to $X per ton, reducing by -33.8% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Senegal ($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 Kazakhstan (-4.5%), while the prices for the other major destinations experienced a decline.

Fructose Imports

Imports into the Russian Federation

In 2021, supplies from abroad of fructose and fructose syrup decreased by -0.7% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 16%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, fructose imports surged to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), France (X tons) and China (X tons) were the main suppliers of fructose imports to Russia, with a combined 65% share of total imports. The United States, Italy, Ukraine, Finland and Israel lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +342.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and France ($X) appeared to be the largest fructose suppliers to Russia, with a combined 49% share of total imports. The United States, Italy, Ukraine, Israel and Finland lagged somewhat behind, together comprising a further 23%.

Ukraine, with a CAGR of +242.1%, recorded the highest rates of growth with regard to 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

The average fructose import price stood at $X per ton in 2021, with an increase of 29% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fructose import price increased by +74.0% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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