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

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

The Russian grapefruit juice (single strength) market reduced dramatically to $X in 2021, waning by -52.1% against the previous year. Overall, consumption saw a sharp decline. The pace of growth appeared the most rapid in 2013 with a decrease of -8.2% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, grapefruit juice (single strength) production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a deep slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports from the Russian Federation

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -45.5% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a pronounced decline. The pace of growth was the most pronounced in 2015 when exports increased by 258% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports reduced notably to $X in 2021. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 122%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) were the main destinations of grapefruit juice (single strength) exports from Russia, with a combined 89% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +43.7%), while the other leaders experienced mixed trend patterns.

In value terms, Kazakhstan ($X), Belarus ($X) and Ukraine ($X) constituted the largest markets for grapefruit juice (single strength) exported from Russia worldwide, together accounting for 86% of total exports. These countries were followed by Uzbekistan, Armenia, Georgia and Azerbaijan, which together accounted for a further 9.5%.

Among the main countries of destination, Uzbekistan, with a CAGR of +42.6%, 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 mixed trend patterns.

Export Prices by Country

The average grapefruit juice (single strength) export price stood at $X per ton in 2021, with an increase of 23% against the previous year. Overall, the export price, however, continues to indicate a slight shrinkage. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Belarus ($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 (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grapefruit Juice (Single Strength)

Imports into the Russian Federation

Grapefruit juice (single strength) imports into Russia shrank markedly to X tons in 2021, reducing by -16.3% against the year before. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2017 when imports increased by 189%. 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, grapefruit juice (single strength) imports shrank to $X in 2021. In general, imports faced a significant decline. The pace of growth was the most pronounced in 2017 with an increase of 145%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest grapefruit juice (single strength) supplier to Russia, with a 56% share of total imports. Moreover, grapefruit juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Belarus (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-22.1% per year) and Belarus (-3.1% per year).

In value terms, the largest grapefruit juice (single strength) suppliers to Russia were Spain ($X), France ($X) and Belarus ($X), together accounting for 88% of total imports.

Spain, with a CAGR of +13.3%, 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 a decline.

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) import price increased by +118.4% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 73%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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