Russian Federation: Cherry Market 2024

Cherry Market Size in the Russian Federation

The Russian cherry market amounted to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cherry Production in the Russian Federation

In value terms, cherry production rose remarkably to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of cherries in Russia stood at X tons per ha in 2022, approximately reflecting the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. The cherry yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the cherry harvested area in Russia was estimated at X ha, almost unchanged from 2021. Overall, the harvested area, however, showed a noticeable contraction. The growth pace was the most rapid in 2018 when the harvested area increased by X% against the previous year. The cherry harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

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Cherry Exports

Exports from the Russian Federation

In 2022, after two years of growth, there was decline in overseas shipments of cherries, when their volume decreased by X% to X tons. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank slightly in the following year.

In value terms, cherry exports reduced sharply to $X in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for cherry exports from Russia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to X%.

In value terms, Kazakhstan ($X) emerged as the key foreign market for cherries exports from Russia.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan stood at X%.

Export Prices by Country

In 2022, the average cherry export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to X% per year.

Cherry Imports

Imports into the Russian Federation

In 2022, cherry imports into Russia shrank to X tons, waning by X% against 2021 figures. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, cherry imports expanded notably to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Azerbaijan (X tons), Turkey (X tons) and Uzbekistan (X tons) were the main suppliers of cherry imports to Russia, with a combined X% share of total imports. Moldova, Kyrgyzstan and Serbia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kyrgyzstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Azerbaijan ($X) and Uzbekistan ($X) appeared to be the largest cherry suppliers to Russia, together accounting for X% of total imports. Moldova, Serbia and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Kyrgyzstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cherry import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Turkey ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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