Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Russia - 2022

Contents:

  1. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (CIF) - 2022
  2. Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (FOB) - 2022
  3. Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia
  4. Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (CIF) - 2022

In 2022, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $67,676 per ton, with an increase of 13% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 18%. The import price peaked at $70,919 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($87,788 per ton), while the price for Spain ($63,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (FOB) - 2022

The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $104,173 per ton in 2022, picking up by 207% against the previous year. In general, the export price posted a pronounced increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($500,000 per ton), while the average price for exports to Kazakhstan stood at $56,910 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+20.7%).

Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia

In 2022, imports of glycosides; rutoside (rutin) and its derivativeses into Russia reached 134 tons, picking up by 15% against 2021 figures. Over the period under review, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of 265 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glycosides; rutoside (rutin) and its derivativeses surged to $9M in 2022. Overall, imports, however, recorded a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of 48%. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.12.64.97.131.8%
Spain2.85.30.30.7-37.0%
Czech Republic0.20.30.20.20.0%
IndiaN/A0.60.3N/A-50.0%
Others3.75.71.21.1-33.3%
Total9.914.67.09.0-3.1%

Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Russia in 2022:

  1. China (105.9 tons)
  2. Spain (11.0 tons)
  3. Czech Republic (2.1 tons)

Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia

Exports of glycosides; rutoside (rutin) and its derivativeses from Russia surged to 75 kg in 2022, rising by 188% against the year before. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 153,600%. As a result, the exports reached the peak of 4.6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of glycosides; rutoside (rutin) and its derivativeses surged to $7.8K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 196,320% against the previous year. As a result, the exports reached the peak of $126K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A4.00%
Kazakhstan0.183.90.73.8236.2%
Czech RepublicN/A20.5N/AN/A0%
OthersN/A21.40.2N/A-99.1%
Total0.11260.97.8327.3%

Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Russia in 2022:

  1. Kazakhstan (67.0 kg)
  2. Kyrgyzstan (8.0 kg)

Source: IndexBox Market Intelligence Platform

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