Russian Federation: Vegetable Puree Market 2024

Vegetable Puree Market Size in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian vegetable puree market, when its value decreased by -7.2% to $X. Over the period under review, consumption continues to indicate a slight descent. Vegetable puree consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Vegetable Puree Exports

Exports from the Russian Federation

Vegetable puree exports from Russia skyrocketed to X tons in 2022, increasing by 21% on the previous year's figure. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 142%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, vegetable puree exports amounted to $X in 2022. Over the period under review, exports enjoyed strong growth. The growth pace was the most rapid in 2013 with an increase of 91%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for vegetable puree exports from Russia, with a 56% share of total exports. Moreover, vegetable puree exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), threefold. The third position in this ranking was held by Ukraine (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+16.8% per year) and Ukraine (+8.8% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for vegetable puree exports from Russia, comprising 50% of total exports. The second position in the ranking was held by Belarus ($X), with a 23% share of total exports. It was followed by Ukraine, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+3.3% per year) and Ukraine (+7.7% per year).

Export Prices by Country

The average vegetable puree export price stood at $X per ton in 2022, reducing by -9% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (-1.0%), while the prices for the other major destinations experienced a decline.

Vegetable Puree Imports

Imports into the Russian Federation

In 2022, after four years of growth, there was decline in supplies from abroad of vegetable puree, when their volume decreased by -3.5% to X tons. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 24%. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell slightly in the following year.

In value terms, vegetable puree imports dropped slightly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Armenia (X tons) constituted the largest vegetable puree supplier to Russia, accounting for a 75% share of total imports. Moreover, vegetable puree imports from Armenia exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Armenia amounted to +230.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.9% per year) and Belarus (-8.7% per year).

In value terms, the largest vegetable puree suppliers to Russia were Armenia ($X), Poland ($X) and Belarus ($X), with a combined 100% share of total imports.

Among the main suppliers, Armenia, with a CAGR of +213.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average vegetable puree import price amounted to $X per ton, picking up by 2.4% against the previous year. In general, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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