Import of roasted chicory grew by +71,1%!
The VVS company conducted a marketing analysis of the growing markets of Russia by the results of the 2nd quarter of 2015. As a result we discovered new points of growth in Russian import.
The criteria for selection of commodity markets into the rating are:
· the high rate of market activity;
· turnover more than 500 thousand USD/quarter;
· the rate of growth to the same quarter of the last year is above 10%.
In the 2nd quarter 2015 the high volume of imports is observed in roasted chicory market under the relevant HS code 2101301100.
This market in monetary terms amounted to more than one million USD in a quarter. The growth of imports during this quarter amounted to +71,1% compared to the 2nd quarter of 2014. A period of sustained growth is 8 months. The activity coefficient is 6,1. The activity coefficient is determined by a calculation based on the period of the existence and the nature of the growth of the commodity market on the basis of the author's methodology of the company (this method is reserved by a patent).
It is worth noting that 5 Russian regions are engaged in import of roasted chicory. The leading region of the purchases is the Kaliningrad region. More than 62,3% of roasted chicory is imported exactly to this region.
The leader among supplying countries is India with a share in the import of 99.2%.
The news is prepared on a quarterly industry research "Russian growing export and import markets" by a VVS company.
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· total volume of imports/exports;
· the number of Russian companies;
· the number of deliveries.