Price for Vegetable Products Not Elsewhere Specified or Included in Russia - 2022

Contents:

  1. Price for Vegetable Products Not Elsewhere Specified or Included in Russia (FOB) - 2022
  2. Price for Vegetable Products Not Elsewhere Specified or Included in Russia (CIF) - 2022
  3. Exports of Vegetable Products Not Elsewhere Specified or Included in Russia
  4. Imports of Vegetable Products Not Elsewhere Specified or Included in Russia

Price for Vegetable Products Not Elsewhere Specified or Included in Russia (FOB) - 2022

In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $145 per ton, jumping by 54% against the previous year. Over the period under review, the export price, however, recorded a mild decline. Over the period under review, the average export prices attained the peak figure at $177 per ton in 2013; however, from 2014 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 Finland ($206 per ton), while the average price for exports to Latvia ($124 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 Greece (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetable Products Not Elsewhere Specified or Included in Russia (CIF) - 2022

The average import price for vegetable products not elsewhere specified or includeds stood at $955 per ton in 2022, declining by -9.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $1,841 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Turkey ($2,937 per ton), while the price for Ukraine ($139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Vegetable Products Not Elsewhere Specified or Included in Russia

In 2022, the amount of vegetable products not elsewhere specified or includeds exported from Russia soared to 348K tons, increasing by 87% on the previous year. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetable products not elsewhere specified or includeds soared to $51M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetable Products Not Elsewhere Specified or Included in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.12.98.623.797.0%
Greece5.83.43.710.120.3%
Latvia1.50.30.15.554.2%
Lithuania0.1N/AN/A2.5192.4%
United Kingdom10.712.0N/A2.3-40.1%
Denmark3.41.12.11.9-17.6%
FinlandN/A0.10.11.9335.9%
Others1.81.93.13.119.9%
Total26.321.717.850.924.6%

Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Russia in 2022:

  1. Poland (171.4K tons)
  2. Greece (68.0K tons)
  3. Latvia (44.1K tons)
  4. United Kingdom (17.0K tons)
  5. Denmark (14.6K tons)
  6. Lithuania (13.3K tons)
  7. Finland (9.1K tons)

Imports of Vegetable Products Not Elsewhere Specified or Included in Russia

For the fourth consecutive year, Russia recorded growth in supplies from abroad of vegetable products not elsewhere specified or includeds, which increased by 143% to 9.3K tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable products not elsewhere specified or includeds soared to $8.9M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetable Products Not Elsewhere Specified or Included in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8461,4482,2866,766100.0%
Turkey11.345.82641,274383.1%
Italy268159126265-0.4%
Netherlands66.731.116.762.8-2.0%
India21927075.040.8-42.9%
Sri Lanka30.867.473.716.6-18.6%
Iran282177158N/A-25.1%
Others6496921,018432-12.7%
Total2,3732,8904,0188,85755.1%

Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Russia in 2022:

  1. China (8.0K tons)
  2. Turkey (0.4K tons)
  3. Italy (0.3K tons)
  4. Netherlands (0.2K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable products not elsewhere specified or included - Russia