Russian Federation: Concentrated Pineapple Juice Market 2024

Concentrated Pineapple Juice Market Size in the Russian Federation

The Russian concentrated pineapple juice market skyrocketed to $X in 2021, with an increase of 17% 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 saw a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Concentrated Pineapple Juice Exports

Exports from the Russian Federation

Concentrated pineapple juice exports from Russia soared to X tons in 2021, rising by 80% compared with 2020. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 405% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concentrated pineapple juice exports soared to $X in 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 329%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Belarus (X tons), Uzbekistan (X tons) and Ukraine (X tons) were the main destinations of concentrated pineapple juice exports from Russia, together comprising 97% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of +54.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated pineapple juice exported from Russia were Belarus ($X), Uzbekistan ($X) and Ukraine ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, Belarus, with a CAGR of +54.0%, 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 concentrated pineapple juice export price stood at $X per ton in 2021, picking up by 32% against the previous year. In general, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 67%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.7%), while the prices for the other major destinations experienced a decline.

Concentrated Pineapple Juice Imports

Imports into the Russian Federation

In 2021, overseas purchases of concentrated pineapple juice decreased by -8.7% to X tons, falling for the second consecutive year after three years of growth. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 168%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated pineapple juice imports surged to $X in 2021. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 88%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated pineapple juice to Russia, with a 55% share of total imports. Moreover, concentrated pineapple juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. The third position in this ranking was taken by Israel (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-1.1% per year) and Israel (-5.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated pineapple juice to Russia, comprising 57% of total imports. The second position in the ranking was held by South Africa ($X), with a 21% share of total imports. It was followed by Israel, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-0.9% per year) and Israel (-5.3% per year).

Import Prices by Country

In 2021, the average concentrated pineapple juice import price amounted to $X per ton, growing by 49% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated pineapple juice import price increased by +76.8% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were the Netherlands ($X per ton) and Brazil ($X per ton), while the price for South Africa ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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