01 august 2024 — 15:40
Starting from August 1, 2024, the Russian Federation introduces a duty on the export of unpeeled pine nuts.
This is provided for by the Government decree of April 20, 2024 (No. 515). The duty rate is set at 50%, but not less than 160 euros per ton. But from August 1 of this year to July 31, 2025, its size will be 25%, but not less than 80 euros per ton, Interfax writes.
We are talking about nuts (in shells, in cones) under the codes 0802 91 000 1, 0802 91 000 2, 0802 91 000 3, 0802 91 000 9 TONS OF foreign economic activity OF the EAEU.
As reported in the explanatory note to the draft resolution, this measure is aimed at encouraging producers to process pine nuts within the country.
According to the Agroexport Center under the Ministry of Agriculture, the export of pine nuts from Russia may exceed $55 million by 2030. China will remain the key market for their sales. The markets of the Persian Gulf countries, primarily Saudi Arabia, the United Arab Emirates and Kuwait, the EAEU countries (Kazakhstan, Belarus), as well as Turkey, are considered as important areas.
According to the review, the Russian Federation is currently the largest exporter of pine nuts in the world by volume of supplies. In 2022, 21.3 thousand tons of such nuts (in weight in shell and without shell) worth $38 million were delivered to the world market, respectively, almost 1.8 times and 29.9% more than a year earlier. In 2018-2022, Russian exports of pine nuts grew annually by an average of 10.2% in physical terms and by 40.8% in value terms.
The basis of exports in kind is pine nuts in shells, in 2022 they accounted for 79.9% of supplies, the share of refined was 20.1%. In value terms, the main volume of Russian exports fell on peeled nuts, which accounted for 83.6%.
The main buyer of Russian pine nuts in 2022 was China, which purchased 18.5 thousand tons (87.3% of exports of pine nuts of the Russian Federation in physical terms) for $7.4 million (19.4% in value terms). This is 1.7 and 1.6 times more, respectively, than a year earlier. The Czech Republic imported 1.3 thousand tons (2.2 times more) for $20.8 million (almost 1.6 times more). In total, these two countries accounted for 93.2% of exports in physical terms and 74.1% in value terms.
At the same time, Germany reduced purchases by 48.2% (to 0.2 thousand tons) in physical terms and by 51.4% (to $4.7 million) in value.
In 2023, the production of pine nuts in weight without shells in the Russian Federation amounted to 12.3 thousand tons, which is 0.8% less than in 2022. The main volume - 9.1 thousand tons - was supplied to foreign markets.
Imports of these products remain insignificant: 104.8 tons were purchased in 2022.