Russian Federation: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in the Russian Federation

The Russian grape juice (single strength) market shrank slightly to $X in 2021, standing approx. at the previous year. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in the Russian Federation

In value terms, grape juice (single strength) production declined to $X in 2021 estimated in export price. Overall, production faced a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 27%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports from the Russian Federation

Grape juice (single strength) exports from Russia shrank to X tons in 2021, which is down by -13.3% on the year before. Overall, exports, however, recorded prominent growth. The growth pace was the most rapid in 2015 when exports increased by 604% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, grape juice (single strength) exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2015 when exports increased by 311%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ukraine (X tons), Belarus (X tons) and Kazakhstan (X tons) were the main destinations of grape juice (single strength) exports from Russia, with a combined 90% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +125.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape juice (single strength) exported from Russia were Kazakhstan ($X), Ukraine ($X) and Belarus ($X), with a combined 89% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +94.4%, saw the highest rates of growth with regard to 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 grape juice (single strength) export price stood at $X per ton in 2021, growing by 50% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Ukraine ($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 (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grape Juice (Single Strength)

Imports into the Russian Federation

In 2021, after four years of growth, there was significant decline in supplies from abroad of grape juice (single strength), when their volume decreased by -6.5% to X tons. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of 26%. 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, grape juice (single strength) imports reduced to $X in 2021. Overall, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Georgia (X tons), Azerbaijan (X tons) and the United States (X tons) were the main suppliers of grape juice (single strength) imports to Russia, with a combined 58% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Georgia (with a CAGR of +58.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grape juice (single strength) suppliers to Russia were the United States ($X), Germany ($X) and France ($X), with a combined 60% share of total imports. These countries were followed by Azerbaijan, Georgia, Israel, Spain and Italy, which together accounted for a further 35%.

In terms of the main suppliers, Georgia, with a CAGR of +49.0%, saw 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

The average grape juice (single strength) import price stood at $X per ton in 2021, stabilizing at the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape juice (single strength) import price decreased by -7.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 42% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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 ($X per ton), while the price for Georgia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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