Russia Margarine Market Insights
Table of Contents
Russia margarine export quantities
The volume of margarine sold by Russia in 2020 was 92,705 tons. In 2019 Russia sold 86,113 tonnes of margarine. Through 2019 alone, the market for Russia margarine (processed category) has improved, flactuating by 10.36 per cent compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 52.03% bringing the country US$79.70m for the year 2019. Russia's margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Russia margarine export values
In 2019, Russia shipped margarine worth 79.70m USD, an improvement of 7.65% from 2018's total margarine export of 74.036m USD. The yearly change in value of Russia margarine between 2017 to 2018 was 43.12%.
The annual change in the volume of Russia's margarine exports between 2017 and 2019 was 52.03% in comparison to a variation of 10.36% in the period between 2018 and 2019.
Russia's stake of the world's total margarine's exports in 2019 was less than 1%. The country holds position 23 in world exports of margarine.
Export markets for Russia margarine ( in '000$ )
Russia's leading destinations for margarine are Uzbekistan, Kazakhstan, Tajikistan, Belarus and Ukraine.
Import/Export Trends
Russia is a net importer of margarine. The annual growth of Russia margarine in value between 2015 to 2019 was 11%, per annum, while annual growth in quantity was 3%, per annum.
Russia bought 8,383 tonnes of margarine 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 margarine in other countries across Europe : Georgia margarine, Albania margarine, Belarus margarine, Bosnia and Herzegovina margarine, Bulgaria margarine, Croatia margarine, Czech Republic margarine, Estonia margarine, Greece margarine and Hungary margarine.