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Russian Federation - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Russia - 2022
Contents:
- Glucose Price in Russia (CIF) - 2022
- Glucose Price in Russia (FOB) - 2022
- Glucose Imports in Russia
- Glucose Exports in Russia
Glucose Price in Russia (CIF) - 2022
In January 2022, the average glucose import price amounted to $692 per ton, rising by 12% against the previous month. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $778 per ton in June 2021; however, from July 2021 to January 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,254 per ton), while the price for Kazakhstan ($392 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Russia (FOB) - 2022
The average glucose export price stood at $574 per ton in January 2022, therefore, remained relatively stable against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in November 2021 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices hit record highs in January 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Azerbaijan ($1,076 per ton), while the average price for exports to Moldova ($366 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Glucose Imports in Russia
Glucose imports into Russia fell to 29K tons in 2022, with a decrease of -5% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 30K tons, and then dropped in the following year.
In value terms, glucose imports dropped to $19M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year.
Import of Glucose in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.5 | 7.6 | 8.7 | 7.4 | 4.4% |
Kazakhstan | 0.8 | 0.6 | 2.3 | 4.6 | 79.2% |
France | 3.6 | 5.1 | 4.9 | 3.6 | 0.0% |
Bulgaria | 0.5 | 0.7 | 0.9 | 1.7 | 50.4% |
Germany | 0.6 | 0.8 | 1.3 | 0.5 | -5.9% |
Belgium | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
Italy | 0.4 | 0.9 | 0.6 | 0.2 | -20.6% |
Others | 0.8 | 1.2 | 1.3 | 0.2 | -37.0% |
Total | 13.2 | 17.1 | 20.5 | 18.8 | 12.5% |
Top Suppliers of Glucose to Russia in 2022:
- Kazakhstan (12.5K tons)
- China (8.8K tons)
- France (3.8K tons)
- Bulgaria (2.3K tons)
- Belgium (0.6K tons)
- Germany (0.4K tons)
- Italy (0.2K tons)
Glucose Exports in Russia
In 2022, approx. 36K tons of glucose and glucose syrup were exported from Russia; surging by 12% against the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 91% against the previous year. As a result, the exports attained the peak of 40K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, glucose exports reduced to $13M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 49%.
Export of Glucose in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 0.8 | 1.9 | 4.5 | 6.8 | 104.1% |
Kazakhstan | 3.2 | 6.0 | 3.4 | 3.3 | 1.0% |
Ukraine | 0.9 | 0.9 | 1.0 | 1.0 | 3.6% |
Azerbaijan | 0.3 | 0.3 | 0.5 | 0.8 | 38.7% |
Ecuador | N/A | N/A | 0.1 | 0.4 | 300.0% |
Uzbekistan | 0.6 | 0.2 | 0.9 | 0.3 | -20.6% |
Moldova | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
Armenia | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
Tajikistan | 0.9 | 0.9 | 1.0 | N/A | 5.4% |
Turkmenistan | 0.5 | 0.8 | 1.1 | N/A | 48.3% |
Others | 0.2 | 0.3 | 1.2 | 0.2 | 0.0% |
Total | 8.1 | 12.0 | 14.3 | 13.2 | 17.7% |
Top Export Markets for Glucose from Russia in 2022:
- Belarus (19.2K tons)
- Kazakhstan (9.7K tons)
- Ukraine (2.6K tons)
- Azerbaijan (1.2K tons)
- Moldova (1.0K tons)
- Uzbekistan (0.9K tons)
- Ecuador (0.7K tons)
- Armenia (0.6K tons)
This report provides an in-depth analysis of the glucose 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:
- Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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