Russian Federation: Canned Vegetable Market 2024

Canned Vegetable Market Size in the Russian Federation

In 2022, the Russian canned vegetable market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a mild decline. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Canned Vegetable Exports

Exports from the Russian Federation

In 2022, overseas shipments of canned vegetables decreased by -10.3% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 69%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, canned vegetable exports dropped to $X in 2022. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 83% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Azerbaijan (X tons) were the main destinations of canned vegetable exports from Russia, with a combined 76% share of total exports. Uzbekistan, Ukraine, Kyrgyzstan, Turkmenistan, Armenia and Tajikistan lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkmenistan (with a CAGR of +39.3%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X) appeared to be the largest markets for canned vegetable exported from Russia worldwide, together accounting for 76% of total exports. Azerbaijan, Ukraine, Kyrgyzstan, Armenia, Tajikistan and Turkmenistan lagged somewhat behind, together comprising a further 19%.

Kyrgyzstan, with a CAGR of +19.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned vegetable export price stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 8.3%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Turkmenistan ($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 Uzbekistan (+2.8%), while the prices for the other major destinations experienced a decline.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Canned Vegetable Imports

Imports into the Russian Federation

In 2022, imports of canned vegetables into Russia declined to X tons, shrinking by -2.2% on 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 69%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, canned vegetable imports fell modestly to $X in 2022. In general, imports, however, recorded tangible growth. The growth pace was the most rapid in 2019 when imports increased by 71% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest canned vegetable supplier to Russia, accounting for a 15% share of total imports. Moreover, canned vegetable imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-6.2% per year) and Italy (+6.3% per year).

In value terms, Spain ($X) constituted the largest supplier of canned vegetables to Russia, comprising 15% of total imports. The second position in the ranking was taken by Hungary ($X), with a 7.4% share of total imports. It was followed by China, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-3.4% per year) and China (-2.5% per year).

Import Prices by Country

The average canned vegetable import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2015 when the average import price increased by 12%. The import price peaked at $X per ton in 2021, and then fell slightly in the following year.

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 Greece ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :