Russian Federation: Canned Food Market 2024

Canned Food Market Size in the Russian Federation

The Russian canned food market expanded slightly to $X in 2021, surging by 2.4% against the previous year. Overall, consumption showed a slight downturn. The growth pace was the most rapid in 2018 with an increase of 7.4%. Canned food consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Canned Food Production in the Russian Federation

In value terms, canned food production rose slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 9.2%. Canned food production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Canned Food Exports

Exports from the Russian Federation

For the sixth year in a row, Russia recorded growth in overseas shipments of canned food, which increased by 21% to X tons in 2021. Overall, exports recorded a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 42%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, canned food exports skyrocketed to $X in 2021. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 41% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) were the main destinations of canned food exports from Russia, with a combined 69% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +28.0%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X) were the largest markets for canned food exported from Russia worldwide, with a combined 64% share of total exports.

Uzbekistan, with a CAGR of +31.3%, recorded the highest rates of growth with regard to the value of exports, among 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

The average canned food export price stood at $X per ton in 2020, waning by -9.4% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2019 an increase of 7% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Georgia ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+2.6%), while the prices for the other major destinations experienced a decline.

Canned Food Imports

Imports into the Russian Federation

In 2021, supplies from abroad of canned food decreased by -0.7% to X tons, falling for the third consecutive year after three years of growth. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, canned food imports expanded slightly to $X in 2021. Over the period under review, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 10% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Spain (X tons) and Belarus (X tons) were the main suppliers of canned food imports to Russia, together comprising 49% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +21.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest canned food suppliers to Russia were Belarus ($X), Spain ($X) and China ($X), with a combined 41% share of total imports. These countries were followed by the Netherlands, Poland, Thailand, Italy, Germany, Vietnam, Serbia, Hungary, Armenia and India, which together accounted for a further 35%.

In terms of the main suppliers, Armenia, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average canned food import price stood at $X per ton in 2020, standing approx. at the previous year. In general, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 5.2% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Serbia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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