Russian Federation: Chili And Pepper Market 2024

Chili And Pepper Market Size in the Russian Federation

The Russian chili and pepper market rose markedly to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a relatively flat trend pattern. Chili and pepper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Chili And Pepper Exports

Exports from the Russian Federation

Chili and pepper exports from Russia declined to X tons in 2022, which is down by X% on 2021. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, chili and pepper exports shrank notably to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Turkey (X tons) was the main destination for chili and pepper exports from Russia, accounting for a X% share of total exports. Moreover, chili and pepper exports to Turkey exceeded the volume sent to the second major destination, Kazakhstan (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

In value terms, Turkey ($X) remains the key foreign market for chilies and peppers (green) exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Kazakhstan ($X 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 Turkey (X%), while the prices for the other major destinations experienced a decline.

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Chili And Pepper Imports

Imports into the Russian Federation

In 2022, imports of chilies and peppers (green) into Russia expanded markedly to X tons, increasing by X% against the previous year's figure. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, chili and pepper imports rose significantly to $X in 2022. Overall, imports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Israel (X tons), China (X tons) and Turkey (X tons) were the main suppliers of chili and pepper imports to Russia, together comprising X% of total imports. Kyrgyzstan, Armenia, Uzbekistan, Kazakhstan and Lithuania lagged somewhat behind, together accounting for a further X%.

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

In value terms, Israel ($X), China ($X) and Turkey ($X) constituted the largest chili and pepper suppliers to Russia, with a combined X% share of total imports. Armenia, Uzbekistan, Kyrgyzstan, Kazakhstan and Lithuania lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Armenia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average chili and pepper import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Lithuania ($X per ton), while the price for Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform