Russian Federation: Lemon And Lime Market Overview 2021

Lemon And Lime Market Size in the Russian Federation

The Russian lemon and lime market expanded remarkably to $X in 2019, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in years to come.

Lemon And Lime Exports

Exports from the Russian Federation

Lemon and lime exports from Russia surged to X tonnes in 2019, with an increase of X% compared with the previous year. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2019 and are likely to continue growth in the immediate term.

In value terms, lemon and lime exports soared to $X in 2019. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked in 2019 and are likely to continue growth in years to come.

Exports by Country

Belarus (X tonnes) was the main destination for lemon and lime exports from Russia, accounting for a X% share of total exports. Moreover, lemon and lime exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X tonnes), fourfold. The third position in this ranking was occupied by Armenia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Belarus totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Armenia (+X% per year).

In value terms, Belarus ($X) remains the key foreign market for lemon and lime exports from Russia, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Belarus amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Armenia (+X% per year).

Export Prices by Country

The average lemon and lime export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Turkey ($X per tonne) and Kyrgyzstan ($X per tonne), while the average price for exports to Kazakhstan ($X per tonne) and Belarus ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Armenia, while the prices for the other major destinations experienced a decline.

Lemon And Lime Imports

Imports into the Russian Federation

In 2019, purchases abroad of lemons and limes increased by X% to X tonnes, rising for the third consecutive year after three years of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, lemon and lime imports reached $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tonnes), Argentina (X tonnes) and South Africa (X tonnes) were the main suppliers of lemon and lime imports to Russia, with a combined X% share of total imports. These countries were followed by China, Morocco and Egypt, which together accounted for a further X 2007 to 2019, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Argentina ($X) and South Africa ($X) constituted the largest lemon and lime suppliers to Russia, together comprising X% of total imports. China, Morocco and Egypt lagged somewhat behind, together accounting for a further X terms of the main suppliers, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lemon and lime import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Argentina ($X per tonne) and South Africa ($X per tonne), while the price for China ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lemons and limes in the world?

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The countries with the highest volumes of lemon and lime consumption in 2019 were India (3.5M tonnes), China (2.7M tonnes) and Mexico (1.9M tonnes), with a combined 40% share of global consumption. These countries were followed by Argentina, the U.S., Brazil, Turkey, Italy, Iran, Syrian Arab Republic, Sudan, Egypt and Colombia, which together accounted for a further 37%.

What are the largest producers of lemons and limes in the world?

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The countries with the highest volumes of lemon and lime production in 2019 were India (3.5M tonnes), Mexico (2.7M tonnes) and China (2.7M tonnes), together comprising 44% of global production. These countries were followed by Argentina, Brazil, Turkey, Spain, the U.S., South Africa, Iran, Italy, Syrian Arab Republic and Egypt, which together accounted for a further 41%.

What are the leading suppliers of lemons and limes to the Russian Federation?

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In value terms, Turkey ($78M), Argentina ($55M) and South Africa ($30M) constituted the largest lemon and lime suppliers to Russia, with a combined 80% share of total imports. These countries were followed by China, Morocco and Egypt, which together accounted for a further 14%.

What are the leading importers of lemons and limes from the Russian Federation?

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In value terms, Belarus ($1.5M) remains the key foreign market for lemon and lime exports from Russia, comprising 68% of total exports. The second position in the ranking was occupied by Kazakhstan ($366K), with a 16% share of total exports. It was followed by Armenia, with a 6.4% share.

What is the average export price for lemons and limes in the Russian Federation?

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The average lemon and lime export price stood at $624 per tonne in 2019, which is down by -9.7% against the previous year.

What is the average import price for lemons and limes in the Russian Federation?

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The average lemon and lime import price stood at $900 per tonne in 2019, with an increase of 4.1% against the previous year.