Russian Federation - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Fructose Price in Russia - 2022

Contents:

  1. Fructose Price in Russia (CIF) - 2022
  2. Fructose Price in Russia (FOB) - 2022
  3. Fructose Imports in Russia
  4. Fructose Exports in Russia

Fructose Price in Russia (CIF) - 2022

In 2022, the average fructose import price amounted to $1,958 per ton, picking up by 41% against the previous year. In general, the import price posted a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($4,017 per ton), while the price for Turkey ($917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fructose Price in Russia (FOB) - 2022

The average fructose export price stood at $867 per ton in January 2022, picking up by 11% against the previous month. In general, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in August 2021 when the average export price increased by 38% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,244 per ton in January 2021; however, from February 2021 to January 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In January 2022, the highest price was recorded for prices to Belarus ($990 per ton) and the United Arab Emirates ($941 per ton), while the average price for exports to Turkey ($760 per ton) and Peru ($790 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Fructose Imports in Russia

In 2022, supplies from abroad of fructose and fructose syrup was finally on the rise to reach 31K tons after two years of decline. Over the period under review, imports, however, showed a slight slump.

In value terms, fructose imports soared to $61M in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fructose in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.52.34.014.1111.0%
UkraineN/AN/A1.28.7625.0%
Turkey6.06.36.48.411.9%
China8.86.36.37.6-4.8%
France5.35.26.37.512.3%
Italy1.01.42.02.128.1%
Belgium1.01.52.11.923.9%
Finland1.31.10.80.2-46.4%
Others5.46.410.210.324.0%
Total30.430.639.260.826.0%

Top Suppliers of Fructose to Russia in 2022:

  1. Turkey (9.2K tons)
  2. Ukraine (5.8K tons)
  3. France (5.1K tons)
  4. United States (3.5K tons)
  5. China (3.3K tons)
  6. Italy (1.6K tons)
  7. Belgium (0.6K tons)
  8. Finland (0.2K tons)

Fructose Exports in Russia

For the fourth year in a row, Russia recorded growth in shipments abroad of fructose and fructose syrup, which increased by 441% to 73K tons in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 460%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, fructose exports dropped to $10M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 297% against the previous year. As a result, the exports attained the peak of $11M, and then dropped in the following year.

Export of Fructose in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/A5062,370368.4%
ChileN/AN/A1481,068621.6%
Cote d'IvoireN/AN/AN/A1,0200%
Belarus1,3731,3421,835966-11.1%
South AfricaN/AN/A956720-24.7%
TurkeyN/AN/A39867770.1%
JordanN/AN/A1.166760536.4%
United KingdomN/A4.6122402834.8%
AlgeriaN/AN/AN/A1770%
TunisiaN/AN/AN/A1470%
Others1,7511,5507,5331,9293.3%
Total3,1232,89611,49910,14448.1%

Top Export Markets for Fructose from Russia in 2022:

  1. Peru (23.5K tons)
  2. Chile (9.4K tons)
  3. Cote d'Ivoire (9.4K tons)
  4. South Africa (7.1K tons)
  5. Turkey (6.3K tons)
  6. Jordan (6.2K tons)
  7. United Kingdom (3.7K tons)
  8. Algeria (1.7K tons)
  9. Tunisia (1.6K tons)
  10. Belarus (1.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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