Russian Federation: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in the Russian Federation

The Russian market for colouring matter of vegetable or animal origin declined sharply to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Colouring Matter Of Vegetable Or Animal Origin in the Russian Federation

In value terms, vegetable or animal colouring matter production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from the Russian Federation

In 2022, approx. X tons of colouring matter of vegetable or animal origin were exported from Russia; which is down by X% on the previous year. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, vegetable or animal colouring matter exports shrank significantly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined notably in the following year.

Exports by Country

Kyrgyzstan (X tons) was the main destination for vegetable or animal colouring matter exports from Russia, accounting for a X% share of total exports. Moreover, vegetable or animal colouring matter exports to Kyrgyzstan exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. The third position in this ranking was held by Uzbekistan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan amounted to 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, the largest markets for vegetable or animal colouring matter exported from Russia were Kazakhstan ($X), Poland ($X) and Georgia ($X), together comprising X% of total exports. Kyrgyzstan, Uzbekistan, Armenia, China and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, China, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 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 Poland ($X per ton), while the average price for exports to Kyrgyzstan ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into the Russian Federation

In 2022, supplies from abroad of colouring matter of vegetable or animal origin decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then plummeted in the following year.

In value terms, vegetable or animal colouring matter imports shrank notably to $X in 2022. Over the period under review, imports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and the UK (X tons) were the main suppliers of vegetable or animal colouring matter imports to Russia, together accounting for X% of total imports.

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

In value terms, China ($X), the UK ($X) and Denmark ($X) constituted the largest vegetable or animal colouring matter suppliers to Russia, together comprising X% of total imports.

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

Import Prices by Country

The average import price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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