Report Update: Apr 1, 2024

Russian Federation - Extracts Of Glands Or Other Organs Or Of Their Secretions - Market Analysis, Forecast, Size, Trends And Insights

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Organ Extracts Price in Russia - 2022

Organ Extracts Price in Russia (CIF) - 2022

In 2022, the average organ extracts import price amounted to $79,184 per ton, with a decrease of -22.7% against the previous year. Over the period under review, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2016 an increase of 120% against the previous year. Over the period under review, average import prices hit record highs at $181,268 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Germany ($195,362 per ton), while the price for Belarus ($34,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Organ Extracts Price in Russia (FOB) - 2022

The average organ extracts export price stood at $74,620 per ton in 2022, reducing by -36.4% against the previous year. Overall, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 139%. The export price peaked at $152,949 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($98,407 per ton), while the average price for exports to Tajikistan ($13,501 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 Hong Kong SAR (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Organ Extracts Imports in Russia

For the fourth year in a row, Russia recorded growth in purchases abroad of extracts of glands or other organs or of their secretions, which increased by 18% to 38 tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, organ extracts imports fell to $3M in 2022. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.

Import of Organ Extracts in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1,552	132	796	2,445	16.4%
Italy	323	N/A	290	404	7.7%
Germany	22.5	37.2	21.0	143	85.2%
Belarus	35.2	55.0	58.3	33.6	-1.5%
United States	1,457	1,047	1,439	N/A	-0.6%
Denmark	241	1,427	623	N/A	60.8%
Others	60.6	34.5	92.7	N/A	23.7%
Total	3,692	2,732	3,319	3,026	-6.4%

Top Suppliers of Organ Extracts to Russia in 2022:

Japan (29.7 tons)
Italy (6.8 tons)
Belarus (1.0 tons)
Germany (0.7 tons)

Organ Extracts Exports in Russia

In 2022, approx. 8.6 tons of extracts of glands or other organs or of their secretions were exported from Russia; increasing by 247% compared with the previous year's figure. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 341%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, organ extracts exports skyrocketed to $644K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 554%. As a result, the exports attained the peak of $997K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Organ Extracts in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Azerbaijan	23.8	342	20.9	272	125.2%
Ukraine	17.0	23.7	62.7	171	115.9%
Armenia	N/A	15.9	21.0	104	155.8%
Moldova	20.3	25.3	40.9	79.0	57.3%
Tajikistan	9.2	24.4	39.2	16.6	21.7%
Kazakhstan	19.3	432	3.1	1.7	-55.5%
Kyrgyzstan	34.7	0.1	1.7	N/A	-77.9%
Others	28.2	133	102	0.1	-84.8%
Total	153	997	292	644	61.5%

Top Export Markets for Organ Extracts from Russia in 2022:

Azerbaijan (3.1 tons)
Ukraine (2.1 tons)
Tajikistan (1.2 tons)
Armenia (1.2 tons)
Moldova (0.8 tons)
Kazakhstan (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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.

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. 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