Russian Federation: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in the Russian Federation

In 2021, the Russian food manufacture machinery market decreased by -5% to $X, falling for the fourth year in a row after two years of growth. In general, consumption saw a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Food Manufacture Machinery Exports

Exports from the Russian Federation

In 2021, exports of machinery for the preparation or manufacture of food or drink from Russia soared to X units, rising by 62% compared with 2020 figures. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 217% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, food manufacture machinery exports surged to $X in 2021. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 when exports increased by 431%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for food manufacture machinery exports from Russia, with a 61% share of total exports. Moreover, food manufacture machinery exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), threefold. The third position in this ranking was taken by Armenia (X units), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan amounted to +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+0.2% per year) and Armenia (+20.8% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for machinery for the preparation or manufacture of food or drink exports from Russia, comprising 37% of total exports. The second position in the ranking was taken by Belarus ($X), with a 15% share of total exports. It was followed by Uzbekistan, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+15.4% per year) and Uzbekistan (+23.1% per year).

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2021, reducing by -18.1% against the previous year. Over the period under review, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2016 an increase of 216%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Food Manufacture Machinery Imports

Imports into the Russian Federation

In 2021, overseas purchases of machinery for the preparation or manufacture of food or drink decreased by -2.5% to X units, falling for the fourth consecutive year after two years of growth. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 89%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, food manufacture machinery imports contracted to $X in 2021. Overall, imports showed a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of 161% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X units) constituted the largest food manufacture machinery supplier to Russia, accounting for a 39% share of total imports. Moreover, food manufacture machinery imports from France exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.6% per year) and the Netherlands (-18.7% per year).

In value terms, the largest food manufacture machinery suppliers to Russia were Germany ($X), the Netherlands ($X) and Italy ($X), together comprising 37% of total imports. China, the UK, the United States, France, Switzerland, Belarus and Kazakhstan lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, the UK, with a CAGR of +16.7%, 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 food manufacture machinery import price stood at $X per unit in 2021, waning by -3.1% against the previous year. In general, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 108% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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