Onion Price in Russia - 2022
Contents:
- Onion Price in Russia (CIF) - 2022
- Onion Price in Russia (FOB) - 2022
- Onion Imports in Russia
- Onion Exports in Russia
Onion Price in Russia (CIF) - 2022
The average onion import price stood at $322 per ton in 2022, increasing by 20% against the previous year. Overall, the import price, however, saw a slight setback. The pace of growth appeared the most rapid in 2014 an increase of 23%. Over the period under review, average import prices hit record highs at $469 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($965 per ton), while the price for Kazakhstan ($95 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Russia (FOB) - 2022
In 2022, the average onion export price amounted to $226 per ton, waning by -36.3% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 170%. The export price peaked at $863 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($796 per ton), while the average price for exports to Armenia ($160 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 Romania (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Russia
In 2022, purchases abroad of onions (dry) decreased by -8.5% to 204K tons, falling for the second year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports attained the peak of 263K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, onion imports reached $60M in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of $92M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Onion in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.3 | 14.3 | 10.4 | 14.8 | -12.8% |
| Egypt | 24.5 | 25.2 | 7.8 | 11.8 | -21.6% |
| Kazakhstan | 7.9 | 16.5 | 13.4 | 8.6 | 2.9% |
| Turkey | 2.2 | 5.3 | 4.7 | 8.1 | 54.4% |
| Netherlands | 12.9 | 16.2 | 10.8 | 7.3 | -17.3% |
| Uzbekistan | 2.5 | 6.8 | 5.0 | 6.2 | 35.4% |
| Azerbaijan | 4.5 | 2.9 | 2.7 | 1.3 | -33.9% |
| Others | 4.5 | 4.6 | 3.1 | 1.8 | -26.3% |
| Total | 81.3 | 91.9 | 57.9 | 59.9 | -9.7% |
Top Suppliers of Onion to Russia in 2022:
- Kazakhstan (90.1K tons)
- Turkey (33.9K tons)
- China (28.6K tons)
- Egypt (20.0K tons)
- Uzbekistan (17.0K tons)
- Netherlands (7.5K tons)
- Azerbaijan (3.0K tons)
Onion Exports in Russia
In 2022, the amount of onions (dry) exported from Russia dropped significantly to 8.3K tons, waning by -55.1% on 2021. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -32.2% was in 2021.
In value terms, onion exports shrank rapidly to $2M in 2022. Overall, exports continue to indicate a precipitous contraction. The smallest decline of -30% was in 2020.
| Export of Onion in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mongolia | 97.6 | 130 | 710 | 956 | 114.0% |
| Georgia | 501 | 2,282 | 39.5 | 314 | -14.4% |
| Armenia | 607 | 245 | 275 | 252 | -25.4% |
| Azerbaijan | 948 | 4,623 | 3,765 | 154 | -45.4% |
| Moldova | 3,007 | 1,066 | 307 | 99.8 | -67.9% |
| Poland | 974 | N/A | 75.8 | 86.9 | -55.3% |
| Kazakhstan | 163 | 70.5 | 88.7 | 44.2 | -35.3% |
| Serbia | 2,585 | 82.8 | N/A | N/A | -96.8% |
| Belarus | 1,552 | 309 | 882 | N/A | -24.6% |
| Romania | 2,135 | 199 | 153 | N/A | -73.2% |
| Others | 781 | 333 | 116 | 47.2 | -60.8% |
| Total | 13,351 | 9,340 | 6,413 | 1,953 | -47.3% |
Top Export Markets for Onion from Russia in 2022:
- Mongolia (4.7K tons)
- Armenia (1.6K tons)
- Georgia (0.8K tons)
- Poland (0.4K tons)
- Azerbaijan (0.4K tons)
- Moldova (0.1K tons)
- Kazakhstan (0.1K tons)
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