Russia is Rapidly Increasing its Consumption of the Exotic Macadamia Nut

In the first eight months of 2021, the import of macadamia to the Russian Federation increased six times compared to the same period in 2020 and reached 457 mt. To explain how significant this volume is, we can compare it with the volume of imports of pistachios, which are quite traditional for Russia. So, the import of pistachios to Russia during the same period reached only 586 mt. Thus, it was only slightly more than imports of macadamia nuts. But just 4 years ago, the import of macadamia to the Russian Federation was close to zero and amounted to only about 19 mt.

Why is macadamia nut popular among consumers? First of all, macadamia’s taste distinguishes it from most other nuts, because it has a pleasant sweetish taste. To many, the taste of macadamia nuts is close to the taste of ice cream due to its creamy and even vanilla tones and high-fat content. Therefore, this nut can be used as food and as a snack, and as a dessert. However, despite its sweet taste, this nut is considered one of the most useful nuts in the world due to a big amount of vitamins, beneficial trace elements, and polyunsaturated fatty acids.

Macadamia has almost caught up with Brazilian nuts in terms of supplies to Russia, but it is still much inferior to such nuts as cashews, almonds, or hazelnuts.

east-fruit.com

Nuts, dried fruits and frozen vegetables: the greatest price increase over the year

The Russian Federal Statistics Service reports that since June last year to June this year the greatest increase in prices was for frozen vegetables, nuts and dried fruits – products with an average price not more than 500 rubles.

The fall of the Russian currency in the second half of 2014 influenced the prices. As a result, prices of imported products grew, consumers began to save and some stores increased the cost of top-selling items.

Since June 2014, the price of nuts in Russia grew by more than 80%, from 311.5 rubles up to 564.5 rubles per kg. Price for dried fruit grew by 64.6% – from 174.2 rubles up to 286.8 rubles per kg. The cost of frozen vegetables increased by 59.5% from 122.4 rubles to 195.1 rubles per kg.

According to experts, this rise in prices was affected not only by the fall of the Russian currency but also by the food ban, imposed last August. At the same time there were also other factors: Turkey increased the price of hazelnuts because of the poor harvest caused by the frost. Azerbaijan, another supplier of nuts, increased the price for the nuts before the food ban and ruble weakening.

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