Russian Federation: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in the Russian Federation

After four years of decline, the Russian tomato ketchup market increased by less than 0.1% to $X in 2022. Overall, consumption, however, recorded a noticeable decline. Tomato ketchup consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tomato Ketchup Production in the Russian Federation

In value terms, tomato ketchup production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Tomato Ketchup Exports

Exports from the Russian Federation

In 2022, after three years of growth, there was significant decline in overseas shipments of tomato ketchup and tomato sauces, when their volume decreased by -6.2% to X tons. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of 32%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, tomato ketchup exports shrank to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 37%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) were the main destinations of tomato ketchup exports from Russia, with a combined 66% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +24.7%), while the other leaders experienced more modest paces of growth.

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

In terms of the main countries of destination, Uzbekistan, with a CAGR of +19.1%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, shrinking by -3.9% against the previous year. Overall, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Ketchup Imports

Imports into the Russian Federation

In 2022, after six years of growth, there was decline in supplies from abroad of tomato ketchup and tomato sauces, when their volume decreased by -3.8% to X tons. Over the period under review, imports saw a slight slump. The pace of growth appeared the most rapid in 2016 with an increase of 48%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato ketchup imports dropped to $X in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of tomato ketchup imports to Russia, together accounting for 79% of total imports. South Korea, Armenia, Poland and Germany lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato ketchup suppliers to Russia were Italy ($X), the Netherlands ($X) and Vietnam ($X), together accounting for 76% of total imports. South Korea, Armenia, Germany and Poland lagged somewhat behind, together comprising a further 16%.

South Korea, with a CAGR of +11.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, falling by -5.7% against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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