Russian Federation: Sugar Crop Market 2024

Sugar Crop Market Size in the Russian Federation

The Russian sugar crop market contracted to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a slight shrinkage. Sugar crop consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sugar Crop Production in the Russian Federation

In value terms, sugar crop production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of sugar crops in Russia declined to X tons per ha in 2022, dropping by X% compared with the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average sugar crop yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sugar crop harvested area in Russia declined modestly to X ha, which is down by X% against the previous year. In general, the harvested area saw a slight contraction. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. The sugar crop harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Crop Exports

Exports from the Russian Federation

In 2022, approx. X tons of sugar crops were exported from Russia; waning by X% on the previous year's figure. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, sugar crop exports shrank rapidly to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) and Belarus (X tons) were the main destinations of sugar crop exports from Russia.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%).

In value terms, Belarus ($X) remains the key foreign market for sugar crops exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belarus amounted to X%.

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, 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 Belarus ($X per ton), while the average price for exports to Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (X%).

Sugar Crop Imports

Imports into the Russian Federation

In 2022, overseas purchases of sugar crops decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, sugar crop imports fell notably to $X in 2022. Over the period under review, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

Poland (X tons), Algeria (X tons) and France (X tons) were the main suppliers of sugar crop imports to Russia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar crop suppliers to Russia were Algeria ($X), Poland ($X) and France ($X), together accounting for X% of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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 sugar crop import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a perceptible setback. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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