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Russian Import Report 2016

In January 2017, the Russian Federal State Statistics service Rosstat recorded first growth of real income since 2014. This revives our hope that the economy starts to recover from the economic slowdown of the previous years and the upward trend may persist in the long-term period. Customs statistics data confirm: import of main nuts and dried fruits to Russia stopped decreasing and started to gather pace. Well, first things first:

Peanuts In 2016, the peanuts import volume to the Russian market hit all-time highs on record: 114 ths. tons, which is 11% more than in 2015. Peanuts, due to low price, covered for more costly nuts, being at the same time perfect ingredient for a vast assortment of finished products from confectionery to snacks, dairy and bakery products. Brazil increased its share in the Russian market dramatically to 38 ths tons, possessing 33% of the total market. Argentina maintains its leadership in the Russian peanuts market, but the last year crop troubles have slightly dented its influence, shrinking its share to 52% and 59.6 ths. tons of peanuts during the year. Peanuts consumption per capita is nearing 0,9 kg per year, which is the highest consumption rate in countries, where the peanuts are not used for peanut oil production – European countries and the USA. [visualizer id="348"] More on peanuts

Sesame seeds Sesame seeds show the most stability year on year. India holds the leading role among all exporting countries, total share of Indian import to Russia comprised 95% and 10,8 ths. tons. The overall import rose by 13%. Sesame seeds consumption is strengthening after crisis years and the imported volume is completely absorbed by the Russian market. [visualizer id="4135"] More on sesame seeds

Cashew nut Cashew nuts import was virtually the same, with a slight decline of 3,5% to 4,16 ths. tons. Vietnam stayed the dominant supplier of cashew nuts to Russia, and only the new factory, which used raw materials from Guinea, obtained the second position with the insignificant share of 3,6% and 150 tons of import. The year was noted for a significant shortage of raw cashew nuts and lack of offers.  Should raw nuts become more procurable, the offer and consumption balance can improve in general. [visualizer id="399"] More on cashew