Price for Food Preparations Not Elsewhere Specified or Included in Russia - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Russia (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Russia (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Russia
- Exports of Food Preparations Not Elsewhere Specified or Included in Russia
Price for Food Preparations Not Elsewhere Specified or Included in Russia (CIF) - 2022
The average import price for food preparations not elsewhere specified or included stood at $4,003 per ton in 2022, with a decrease of -29.5% against the previous year. In general, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $5,679 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,327 per ton), while the price for Indonesia ($1,511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Russia (FOB) - 2022
The average export price for food preparations not elsewhere specified or included stood at $4,068 per ton in 2022, reducing by -13.2% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. Over the period under review, the average export prices hit record highs at $6,186 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($33,499 per ton), while the average price for exports to Tajikistan ($1,089 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 Turkmenistan (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Food Preparations Not Elsewhere Specified or Included in Russia
For the fourth consecutive year, Russia recorded growth in overseas purchases of food preparations not elsewhere specified or included, which increased by 27% to 203K tons in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of food preparations not elsewhere specified or included shrank to $813M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $910M, and then contracted in the following year.
| Import of Food Preparations Not Elsewhere Specified or Included in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 173 | 186 | 220 | 182 | 1.7% |
| United States | 71.5 | 82.7 | 112 | 104 | 13.3% |
| China | 33.1 | 34.7 | 50.4 | 64.0 | 24.6% |
| United Kingdom | 33.3 | 37.7 | 44.8 | 41.5 | 7.6% |
| Malaysia | 18.7 | 16.9 | 20.3 | 36.7 | 25.2% |
| Austria | 35.5 | 33.8 | 40.8 | 25.9 | -10.0% |
| Netherlands | 14.2 | 15.0 | 22.4 | 23.7 | 18.6% |
| Belarus | 22.4 | 28.5 | 49.7 | 22.3 | -0.1% |
| Indonesia | 1.5 | 4.1 | 10.7 | 22.0 | 144.8% |
| France | 34.5 | 25.3 | 34.3 | 20.3 | -16.2% |
| South Korea | 22.3 | 23.8 | 30.0 | 20.2 | -3.2% |
| Turkey | 14.5 | 13.6 | 13.0 | 17.9 | 7.3% |
| Poland | 24.4 | 21.5 | 27.7 | 15.2 | -14.6% |
| Others | 171 | 188 | 234 | 217 | 8.3% |
| Total | 670 | 712 | 910 | 813 | 6.7% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Russia in 2022:
- Germany (34.8K tons)
- China (31.9K tons)
- Malaysia (23.0K tons)
- Indonesia (14.6K tons)
- Belarus (11.7K tons)
- France (8.9K tons)
- United States (7.8K tons)
- South Korea (7.8K tons)
- Poland (7.1K tons)
- Turkey (4.9K tons)
- Netherlands (4.3K tons)
- Austria (4.3K tons)
- United Kingdom (4.1K tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Russia
After three years of growth, overseas shipments of food preparations not elsewhere specified or included decreased by -12.3% to 74K tons in 2022. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports reached the peak of 84K tons, and then reduced in the following year.
In value terms, exports of food preparations not elsewhere specified or included fell significantly to $301M in 2022. Overall, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.5% 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 +11.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of $395M, and then plummeted in the following year.
| Export of Food Preparations Not Elsewhere Specified or Included in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.1 | 12.0 | 37.8 | 73.2 | 128.9% |
| Kazakhstan | 70.5 | 75.6 | 97.0 | 60.2 | -5.1% |
| Ukraine | 26.0 | 29.4 | 35.0 | 26.0 | 0.0% |
| Belarus | 45.3 | 47.4 | 57.2 | 25.6 | -17.3% |
| Uzbekistan | 18.0 | 21.2 | 32.9 | 22.9 | 8.4% |
| Azerbaijan | 12.4 | 12.8 | 16.7 | 12.7 | 0.8% |
| Moldova | 7.2 | 5.4 | 8.4 | 8.0 | 3.6% |
| Kyrgyzstan | 7.2 | 8.3 | 11.1 | 6.2 | -4.9% |
| Georgia | 8.7 | 6.6 | 6.8 | 5.7 | -13.1% |
| Tajikistan | 3.5 | 3.7 | 6.2 | 4.9 | 11.9% |
| Armenia | 8.3 | 7.3 | 8.7 | 4.1 | -20.9% |
| Poland | 15.9 | 10.1 | 8.9 | 4.0 | -36.9% |
| Turkmenistan | 2.2 | 3.2 | 3.5 | 3.6 | 17.8% |
| Others | 39.7 | 51.6 | 65.1 | 43.8 | 3.3% |
| Total | 271 | 295 | 395 | 301 | 3.6% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Russia in 2022:
- Kazakhstan (19.2K tons)
- Ukraine (10.9K tons)
- Belarus (8.5K tons)
- Uzbekistan (6.9K tons)
- Azerbaijan (4.7K tons)
- Tajikistan (4.5K tons)
- Kyrgyzstan (2.7K tons)
- Moldova (2.2K tons)
- Vietnam (2.2K tons)
- Georgia (2.0K tons)
- Turkmenistan (1.3K tons)
- Armenia (1.2K tons)
- Poland (0.7K tons)
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