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

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

In 2021, the Russian pineapple juice (single strength) market was finally on the rise to reach $X after four years of decline. In general, consumption, however, continues to indicate a pronounced contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, pineapple juice (single strength) production expanded to $X in 2021 estimated in export price. Overall, production continues to indicate a deep slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from the Russian Federation

In 2021, shipments abroad of pineapple juice (single strength) increased by 3.2% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, exports showed slight growth. The most prominent rate of growth was recorded in 2018 when exports increased by 111%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, pineapple juice (single strength) exports surged to $X in 2021. Overall, exports, however, saw a perceptible decrease. The growth pace was the most rapid in 2018 when exports increased by 83%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) were the main destinations of pineapple juice (single strength) exports from Russia, with a combined 64% 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 +62.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pineapple juice (single strength) exported from Russia were Kazakhstan ($X), Uzbekistan ($X) and Belarus ($X), together comprising 61% of total exports.

Among the main countries of destination, Uzbekistan, with a CAGR of +61.8%, saw the highest growth rate of 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 pineapple juice (single strength) export price stood at $X per ton in 2021, rising by 17% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Belarus ($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 Uzbekistan (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Pineapple Juice (Single Strength)

Imports into the Russian Federation

In 2021, pineapple juice (single strength) imports into Russia surged to X tons, with an increase of 53% on 2020. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 87% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, pineapple juice (single strength) imports surged to $X in 2021. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 117%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X tons), Belarus (X tons) and Costa Rica (X tons) were the main suppliers of pineapple juice (single strength) imports to Russia, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +71.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of pineapple juice (single strength) to Russia, comprising 59% of total imports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total imports. It was followed by Costa Rica, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +73.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+37.4% per year) and Costa Rica (+65.7% per year).

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, reducing by -5.2% against the previous year. In general, the import price saw a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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