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

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

The Russian orange juice (single strength) market skyrocketed to $X in 2021, rising by 111% against the previous year. Overall, consumption, however, showed a pronounced descent. Orange juice (single strength) consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

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

In value terms, orange juice (single strength) production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of 6.5% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Orange Juice (Single Strength)

Exports from the Russian Federation

In 2021, shipments abroad of orange juice (single strength) decreased by -22.9% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, showed mild growth. The most prominent rate of growth was recorded in 2015 when exports increased by 76%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, orange juice (single strength) exports dropped to $X in 2021. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons), Uzbekistan (X tons) and Belarus (X tons) were the main destinations of orange juice (single strength) exports from Russia, together accounting for 67% of total exports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +38.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Belarus ($X) appeared to be the largest markets for orange juice (single strength) exported from Russia worldwide, with a combined 66% share of total exports.

Uzbekistan, with a CAGR of +34.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average orange juice (single strength) export price amounted to $X per ton, rising by 26% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Georgia ($X per ton) and Uzbekistan ($X per ton), while the average price for exports to Belarus ($X per ton) and Armenia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Orange Juice (Single Strength)

Imports into the Russian Federation

In 2021, overseas purchases of orange juice (single strength) increased by 33% to X tons, rising for the fifth year in a row after three years of decline. Overall, imports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of 34%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, orange juice (single strength) imports surged to $X in 2021. In general, imports, however, showed a pronounced contraction. The growth pace was the most rapid in 2018 when imports increased by 65%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest orange juice (single strength) supplier to Russia, accounting for a 40% share of total imports. Moreover, orange juice (single strength) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +68.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+30.8% per year) and Germany (+0.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of orange juice (single strength) to Russia, comprising 48% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Armenia, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +79.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.3% per year) and Armenia (+3.8% per year).

Import Prices by Country

In 2021, the average orange juice (single strength) import price amounted to $X per ton, waning by -3.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 23% against the previous year. The import price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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