Ukraine: Almond Market 2025

Almond Market Size in Ukraine

In 2021, the Ukrainian almond market increased by 38% to $X, rising for the sixth consecutive year after two years of decline. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Almond Production in Ukraine

In value terms, almond production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep slump. The pace of growth appeared the most rapid in 2013 when the production volume increased by 34% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Almond Exports

Exports from Ukraine

In 2021, overseas shipments of almonds were finally on the rise to reach X kg after three years of decline. Over the period under review, exports, however, saw a sharp curtailment. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, almond exports soared to $X in 2021. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for almond exports from Ukraine, accounting for a 92% share of total exports. Moreover, almond exports to Germany exceeded the volume sent to the second major destination, Moldova (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-8.1% per year) and India (-57.8% per year).

In value terms, Germany ($X) remains the key foreign market for almond exports from Ukraine, comprising 87% of total exports. The second position in the ranking was taken by Moldova ($X), with a 4.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-5.1% per year) and India (-43.5% per year).

Export Prices by Country

In 2021, the average almond export price amounted to $X per ton, surging by 24% against the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 43%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.

Almond Imports

Imports into Ukraine

In 2021, purchases abroad of almonds increased by 45% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 121% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, almond imports surged to $X in 2021. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 71%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the United States (X tons) was the main almond supplier to Ukraine, with a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +8.2%.

In value terms, the United States ($X) constituted the largest supplier of almond to Ukraine.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +7.5%.

Import Prices by Country

In 2021, the average almond import price amounted to $X per ton, declining by -6.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -0.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :