Russia Malt Extract Market Insights
Table of Contents
Russia malt extract export quantities
The amount of malt extract shipped by Russia in 2020 was 53,654 tons. In 2019 Russia shipped 43,231 tonnes of malt extract. For 2019 alone, the demand for Russia malt extract (processed category) has increased, flactuating by 18.705 pc compared to the year 2018. Between 2017 and 2019, malt extract's exports grew by 53.03% netting the country US$38.94m for the year 2019. Russia's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Russia malt extract export values
In 2019, Russia sold malt extract costing 38.94m USD, an increment of 20.82% from 2018's total malt extract export of 32.231m USD. The yearly increase in value of Russia malt extract between 2017 to 2018 was 5.655 per cent.
The annual variation in the amount of Russia's malt extract exports between 2017 and 2019 was 53.03 percent when compared to a variation of 18.705% in the growth rate between 2018 and 2019.
Russia's stake of the world's total malt extract's exports in 2019 was less than 1%. The country is ranked number 42 in world exports of malt extract.
Export markets for Russia malt extract ( in '000$ )
Russia's best performing destinations for malt extract are United Kingdom (UK), Georgia, Ireland, Cyprus and Germany.
Import/Export Trends
Russia is a net importer of malt extract. The annual growth of Russia malt extract in value between 2015 to 2019 was 37%, per annum, while annual growth in quantity was 43%, per annum.
Russia brought in 76,416 tonnes of malt extract in 2019.
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Production of other produce in the Processed category in Russia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea and Black Tea.
See the production of malt extract in other countries across Europe : Georgia malt extract, Albania malt extract, Belarus malt extract, Bosnia and Herzegovina malt extract, Bulgaria malt extract, Croatia malt extract, Czech Republic malt extract, Estonia malt extract, Greece malt extract and Hungary malt extract.