Russian Federation - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in Russia - 2022
Contents:
- Dried Onion Price in Russia (CIF) - 2022
- Dried Onion Price in Russia (FOB) - 2022
- Dried Onion Imports in Russia
- Dried Onion Exports in Russia
Dried Onion Price in Russia (CIF) - 2022
The average dried onion import price stood at $2,352 per ton in January 2022, growing by 4.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 9% against the previous month. The import price peaked at $2,571 per ton in February 2021; however, from March 2021 to January 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was China ($2,465 per ton), while the price for India totaled $2,325 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Onion Price in Russia (FOB) - 2022
The average dried onion export price stood at $1,931 per ton in 2022, waning by -16.6% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when the average export price increased by 12%. As a result, the export price reached the peak level of $4,681 per ton. From 2015 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 Ukraine ($3,561 per ton), while the average price for exports to Belarus ($1,587 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 (-0.8%), while the prices for the other major destinations experienced a decline.
Dried Onion Imports in Russia
In 2022, overseas purchases of dried onions increased by 2.5% to 6.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible shrinkage.
In value terms, dried onion imports reduced to $13M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year. As a result, imports reached the peak of $13M, and then reduced modestly in the following year.
| Import of Dried Onion in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.2 | 9.5 | 10.3 | 10.3 | 0.3% |
| China | 2.1 | 2.6 | 1.5 | 2.6 | 7.4% |
| Uzbekistan | 0.3 | 0.4 | 0.7 | N/A | 52.8% |
| Others | 0.1 | 0.1 | 0.8 | N/A | 182.8% |
| Total | 12.7 | 12.6 | 13.2 | 12.9 | 0.5% |
Top Suppliers of Dried Onion to Russia in 2022:
- India (5.1K tons)
- China (1.2K tons)
Dried Onion Exports in Russia
In 2022, exports of dried onions from Russia expanded markedly to 273 tons, picking up by 7.5% against 2021. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, dried onion exports contracted to $528K in 2022. The total export value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports attained the peak of $589K, and then contracted in the following year.
| Export of Dried Onion in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 243 | 243 | 307 | 296 | 6.8% |
| Kazakhstan | 135 | 186 | 224 | 194 | 12.8% |
| Ukraine | 15.6 | 20.7 | 28.5 | 32.5 | 27.7% |
| Azerbaijan | 16.0 | 10.0 | 22.8 | N/A | 19.4% |
| Others | 10.1 | 7.8 | 7.0 | 6.3 | -14.6% |
| Total | 420 | 467 | 589 | 528 | 7.9% |
Top Export Markets for Dried Onion from Russia in 2022:
- Belarus (186.2 tons)
- Kazakhstan (77.7 tons)
- Ukraine (9.1 tons)
This report provides an in-depth analysis of the dried onion market in the Russian Federation. 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:
- Prodcom 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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