CIS: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in CIS

In 2020, the CIS prepared frozen vegetable market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. The total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. The level of consumption peaked at $X in 2019, and then shrank in the following year.

Prepared Frozen Vegetable Production in CIS

In value terms, prepared frozen vegetable production declined to $X in 2020 estimated in export prices. The total production indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2019, and then contracted in the following year.

Production By Country in CIS

Russia (X tons) constituted the country with the largest volume of prepared frozen vegetable production, accounting for X% of total volume. Moreover, prepared frozen vegetable production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold. Uzbekistan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Russia stood at +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Uzbekistan (+X% per year).

Prepared Frozen Vegetable Exports

Exports in CIS

In 2020, the amount of frozen vegetables and mixtures of vegetables (prepared or preserved) exported in the CIS soared to X tons, with an increase of X% on the previous year's figure. Overall, exports showed a strong expansion. Over the period under review, exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, prepared frozen vegetable exports skyrocketed to $X in 2020. In general, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) and Armenia (X tons) represented the key exporters of frozen vegetables and mixtures of vegetables (prepared or preserved) in 2020, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Belarus (X tons), mixing up a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Armenia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Armenia ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Armenia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the prepared frozen vegetable export price in the CIS amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Over the period under review, export prices attained the peak figure at $X per ton in 2019, and then reduced dramatically in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Armenia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports in CIS

In 2020, supplies from abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2019, and then fell in the following year.

In value terms, prepared frozen vegetable imports dropped to $X in 2020. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. The level of import peaked at $X in 2019, and then fell in the following year.

Imports by Country

Russia represented the largest importer of frozen vegetables and mixtures of vegetables (prepared or preserved) in the CIS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2020. It was distantly followed by Belarus (X tons), making up a X% share of total imports. Kazakhstan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2020. Kazakhstan experienced a relatively flat trend pattern. From 2007 to 2020, the share of Belarus increased by +X% percentage points, while Russia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported frozen vegetables and mixtures of vegetables (prepared or preserved) in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports.

In Russia, prepared frozen vegetable imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Import Prices by Country

The prepared frozen vegetable import price in the CIS stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Import price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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