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Import in first 5 months of 2016

At the time when Saint Petersburg hosted Economic Forum and experts shared their views on when the Russian economy would bounce back from the bottom, we were preparing our next scheduled import report which confirmed that import of the majority of nuts and dehydrated fruits increased year on year and maybe, these are the first signs of recovery? So, let’s start from the beginning.

Peanuts Russian peanuts import has increased by 13% in the first five months of 2016 to 38,5 ths tons compared to 34 ths in 2015. Among exporting countries, Argentina firmly holds and expands its dominant position in the Russian market – from 16 ths tons in 2015 to 20.6 ths tons in 2016. Import of Brazilian peanuts rose by four times – from 3.5 ths tons in January – May 2015 to 13,5 ths tons in the same period 2016. Nicaragua has reinforced its position in Russia – peanut import volumes jumped by 60% to 1.2 ths tons in January – May 2016. Peanuts import from Uzbekistan has rocketed from 12 tons in 2015 to 358 tons in 2016. It’s a drop in the bucket on a global scale and in comparison to volumes of the largest peanuts exporters to Russia, but this represents an apparent success of the country and an opportunity for the purchasers to diversify supplies with shipments from Central Asia. While the exporters from Latin and Central America increase their share in the Russian market, India and China evidently lag behind. Indian exporters have lost up to 80% of their share in the Russian market – their volumes plummeted from 10 ths tons in 2015 to 1,5 ths tons in 2016, which represents a major setback.  The volumes of China peanuts import has reduced by 42% and totaled 946 tons by the end of May against 1.6 ths tons YoY. More on peanuts

Raisins Russian raisins importers have started the year quite rigorously, month by month increasing the import volumes and added 23% to import volumes of the previous year – 10 ths tons in 2016 vs. 8 ths tons in 2015. Iran holds the leading role among exporting countries. While the total shipments of Iranian raisins reduced by 5% in the first quarter of 2016, the Islamic Republic not only regained the weakened role in the Russian market, but even secured the garland, leaving Afghanistan behind. Currently, the volume of Iranian raisins import to the Russian Federation amounts to 4.1 ths tons versus 3.2 ths tons in January-May 2015. Traditionally the main challenger in the Russian raisins market is Afghanistan, which is now lagging behind not only Iran, but remains even short of its own performance with 2.9 ths tons in January-May 2015 versus 3.2 ths tons in 2016. India burst into the Russian market with a lightning speed, boosting the raisins import volumes in ten times – from 116 tons in 2015 to 1 thd tons in 2016. The same with Chile – the shipments volumes rose twice. Though sad news about the new Chilean crop are coming – Jumbo Golden suffered heavily from rains, and producers are forced to reduce the exports volumes, which might affect import to Russia as well. Share of Turkish raisins in the Russian market has reduced by 20% to 494 tons. The new season of Sultana is on the way – producers are waiting for a high yield and the EU decision on chlorpyriphos.

More on raisins