Report Update Apr 1, 2024

Russian Federation - Kola Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Kola Nut Market 2024

Kola Nut Market Size in the Russian Federation

After six years of growth, the Russian kola nut market decreased by X% to $X in 2022. In general, consumption saw a deep downturn. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Kola Nut Production in the Russian Federation

In value terms, kola nut production amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with a decrease of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of kola nuts in Russia amounted to less than X kg per ha in 2022, remaining relatively unchanged against 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of kola nuts production in Russia was estimated at less than X ha, stabilizing at the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

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Kola Nut Exports

Exports from the Russian Federation

In 2022, exports of kola nuts from Russia surged to X tons, increasing by X% against the year before. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, kola nut exports dropped modestly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

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

From 2021 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X.1%.

In value terms, Kazakhstan ($X) also remains the key foreign market for kola nuts exports from Russia.

From 2021 to 2022, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Export Prices by Country

The average kola nut export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a dramatic shrinkage. The export price peaked at $X per ton in 2021, and then declined sharply in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Kola Nut Imports

Imports into the Russian Federation

Kola nut imports into Russia amounted to X kg in 2020, remaining stable against 2019 figures. In general, imports showed a precipitous descent. The smallest decline of X% was in 2014. Over the period under review, imports attained the peak figure at X kg in 2013; however, from 2014 to 2020, imports failed to regain momentum.

In value terms, kola nut imports totaled $X in 2020. Over the period under review, imports faced a significant curtailment. The smallest decline of X% was in 2014. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Cote d'Ivoire (X kg) was the main supplier of kola nut to Russia, with a approx. X% share of total imports.

From 2013 to 2020, the average annual growth rate of volume from Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) constituted the largest supplier of kola nuts to Russia.

From 2013 to 2020, the average annual rate of growth in terms of value from Cote d'Ivoire was relatively modest.

Import Prices by Country

In 2020, the average kola nut import price amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a significant curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2020, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Cote d'Ivoire.

From 2013 to 2020, the rate of growth in terms of prices for Finland amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for kola nuts in the world?

Nigeria remains the largest kola nut consuming country worldwide, accounting for 53% of total volume. Moreover, kola nut consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Cote d'Ivoire, threefold. Cameroon ranked third in terms of total consumption with a 15% share.

What are the largest producers of kola nuts in the world?

Nigeria constituted the country with the largest volume of kola nut production, accounting for 54% of total volume. Moreover, kola nut production in Nigeria exceeded the figures recorded by the second-largest producer, Cote d'Ivoire, threefold. The third position in this ranking was taken by Cameroon, with a 16% share.

What are the leading suppliers of kola nuts to the Russian Federation?

In value terms, Cote d'Ivoire $11) constituted the largest supplier of kola nuts to Russia.

What are the leading importers of kola nuts from the Russian Federation?

In value terms, Kazakhstan remains the key foreign market for kola nuts exports from Russia.

What is the average export price for kola nuts in the Russian Federation?

The average kola nut export price stood at $46 per ton in 2022, which is down by -99.8% against the previous year.

What is the average import price for kola nuts in the Russian Federation?

In 2020, the average kola nut import price amounted to $2,200 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the kola nut market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 224 - Kolanuts

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023