Price for Citrus Fruits Not Elsewhere Classified in Russia - 2022
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Russia (CIF) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Russia (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Russia
- Exports of Citrus Fruits Not Elsewhere Classified in Russia
Price for Citrus Fruits Not Elsewhere Classified in Russia (CIF) - 2022
The average import price for citrus fruits not elsewhere classified stood at $1,607 per ton in 2022, growing by 5.2% against the previous year. In general, the import price, however, saw a mild reduction. The growth pace was the most rapid in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $2,051 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Azerbaijan ($3,676 per ton), while the price for Israel amounted to $1,512 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Citrus Fruits Not Elsewhere Classified in Russia (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $552 per ton, which is down by -59.1% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,406 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($2,665 per ton), while the average price for exports to Turkmenistan ($369 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 Belarus (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Citrus Fruits Not Elsewhere Classified in Russia
In 2022, approx. 4.6K tons of citrus fruits not elsewhere classified were imported into Russia; growing by 2.8% on the previous year's figure. The total import volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, citrus fruits not elsewhere classified imports rose sharply to $7.4M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Citrus Fruits Not Elsewhere Classified in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 3.4 | 4.8 | 6.0 | 6.6 | 24.7% |
| Azerbaijan | 0.4 | 0.5 | 0.4 | 0.7 | 20.5% |
| Others | 1.2 | 0.4 | 0.4 | N/A | -42.3% |
| Total | 4.9 | 5.7 | 6.8 | 7.4 | 14.7% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Russia in 2022:
- Israel (4.4K tons)
- Azerbaijan (0.2K tons)
Exports of Citrus Fruits Not Elsewhere Classified in Russia
After three years of growth, shipments abroad of citrus fruits not elsewhere classified decreased by -22.2% to 33 tons in 2022. Overall, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. As a result, the exports reached the peak of 43 tons, and then dropped rapidly in the following year.
In value terms, citrus fruits not elsewhere classified exports plummeted to $18K in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of $58K, and then dropped dramatically in the following year.
| Export of Citrus Fruits Not Elsewhere Classified in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | 0.4 | 0.4 | 0.9 | 9.3 | 185.4% |
| Ukraine | 17.0 | 12.9 | 21.7 | 4.9 | -33.9% |
| Kazakhstan | 6.5 | 5.8 | 22.2 | 3.4 | -19.4% |
| Kyrgyzstan | 1.2 | 7.1 | 12.4 | N/A | 221.5% |
| Others | 0.1 | 0.1 | 0.5 | 0.7 | 91.3% |
| Total | 25.1 | 26.3 | 57.6 | 18.3 | -10.0% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Russia in 2022:
- Turkmenistan (25.1 tons)
- Ukraine (4.7 tons)
- Kazakhstan (3.1 tons)
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