Report Update Nov 1, 2024

Ukraine - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Almond Market 2024

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) :

What are the largest markets for almonds in the world?

The United States remains the largest almond consuming country worldwide, comprising approx. 49% of total volume. Moreover, almond consumption in the United States exceeded the figures recorded by the second-largest consumer, Spain, fivefold. The third position in this ranking was occupied by India, with a 5.7% share.

What are the largest producers of almonds in the world?

The United States remains the largest almond producing country worldwide, accounting for 55% of total volume. Moreover, almond production in the United States exceeded the figures recorded by the second-largest producer, Spain, sixfold. The third position in this ranking was occupied by Australia, with a 5.6% share.

What are the leading suppliers of almonds to Ukraine?

In value terms, the United States constituted the largest supplier of almond to Ukraine.

What are the leading importers of almonds from Ukraine?

In value terms, Moldova $419), Lithuania $345) and India $194) were the largest markets for almond exported from Ukraine worldwide, together comprising 70% of total exports. Denmark, Greece, Norway, Cyprus and Russia lagged somewhat behind, together accounting for a further 21%.

What is the average export price for almonds in Ukraine?

The average almond export price stood at $8,202 per ton in 2021, with an increase of 30% against the previous year.

What is the average import price for almonds in Ukraine?

The average almond import price stood at $5,234 per ton in 2021, shrinking by -6.7% against the previous year.

This report provides an in-depth analysis of the almond market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 221 - Almonds

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023