Russian Federation: Canned Pineapple Market 2024

Canned Pineapple Market Size in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian canned pineapple market, when its value decreased by -10% to $X. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Canned Pineapple Exports

Exports from the Russian Federation

In 2022, overseas shipments of canned pineapples decreased by -14.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 91% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced in the following year.

In value terms, canned pineapple exports declined rapidly to $X in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 117%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for canned pineapple exports from Russia, with a 46% share of total exports. Moreover, canned pineapple exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), twofold. The third position in this ranking was held by Ukraine (X tons), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+29.9% per year) and Ukraine (+14.5% per year).

In value terms, the largest markets for canned pineapple exported from Russia were Kazakhstan ($X), Belarus ($X) and Ukraine ($X), together accounting for 81% of total exports. Moldova, Mongolia and Uzbekistan lagged somewhat behind, together comprising a further 17%.

Moldova, with a CAGR of +808.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average canned pineapple export price amounted to $X per ton, with a decrease of -4% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2021 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belarus ($X per ton) and Mongolia ($X per ton), while the average price for exports to Ukraine ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

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Canned Pineapple Imports

Imports into the Russian Federation

In 2022, the amount of canned pineapples imported into Russia contracted to X tons, which is down by -6.4% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 38%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, canned pineapple imports dropped to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.6% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 31%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

Vietnam (X tons), Thailand (X tons) and Indonesia (X tons) were the main suppliers of canned pineapple imports to Russia, together comprising 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +13.3%), while purchases for the other leaders experienced a decline.

In value terms, Thailand ($X), Vietnam ($X) and Indonesia ($X) constituted the largest canned pineapple suppliers to Russia, together comprising 97% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +18.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average canned pineapple import price amounted to $X per ton, dropping by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2020 an increase of 20%. The import price peaked at $X per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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