Russian Federation: Vinegar Market 2024

Vinegar Market Size in the Russian Federation

The Russian vinegar market shrank slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate resilient growth. Vinegar consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vinegar Production in the Russian Federation

In value terms, vinegar production shrank modestly to $X in 2022 estimated in export price. In general, production saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vinegar Exports

Exports from the Russian Federation

In 2022, overseas shipments of vinegar decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, vinegar exports contracted remarkably to $X in 2022. In general, exports, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Ukraine (X tons) were the main destinations of vinegar exports from Russia, with a combined X% 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 Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Ukraine ($X) constituted the largest markets for vinegar exported from Russia worldwide, together comprising X% of total exports.

Ukraine, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average vinegar export price amounted to $X per ton, falling by X% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 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 Mongolia ($X per ton), while the average price for exports to Ukraine ($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 Uzbekistan (X%), while the prices for the other major destinations experienced a decline.

Vinegar Imports

Imports into the Russian Federation

After five years of growth, supplies from abroad of vinegar decreased by X% to X tons in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, vinegar imports declined significantly to $X in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest vinegar supplier to Russia, with a X% share of total imports. Moreover, vinegar imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).

In value terms, Germany ($X), Italy ($X) and the UK ($X) constituted the largest vinegar suppliers to Russia, together accounting for X% of total imports. Portugal, China, the Czech Republic, Lithuania and Spain lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vinegar import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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