Chocolate production in Russia in January-February increased by 8.9% - Ministry of Agriculture

Published 2024년 4월 15일

Tridge summary

In the initial months of 2024, Russia witnessed a significant increase in its chocolate and cocoa product production, marking an 8.9% rise from the previous year to 161.7 thousand tons, as reported by the Ministry of Agriculture. The country's overall confectionery output also grew by 9.2%, reaching 667.1 thousand tons, driven by higher export shipments and steady domestic demand. This surge has led to Russia becoming the fifth largest confectionery producer globally, with a notable 5% increase in chocolate exports by the end of March 2024 compared to the same timeframe in 2023. This growth reflects an upward trend in the per capita consumption of confectionery goods in Russia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russian producers in January - February 2024 increased the production of chocolate and packaged products containing cocoa by 8.9% compared to the same period in 2023 - to 161.7 thousand tons, the Ministry of Agriculture of the Russian Federation said in a statement. “In January and February of this year, domestic enterprises produced 161.7 thousand tons of chocolate and packaged food products containing cocoa, which is 8.9% more than in the same period in 2023,” the ministry reports. The production of confectionery products as a whole increased at the beginning of this year by 9.2% - to 667.1 thousand tons. In particular, the production of sugar products without cocoa, including white chocolate, increased by 15% and amounted to 120.2 thousand tons. Executive Director of the Association of Confectionery Industry Enterprises "Askond" Vyacheslav Lashmankin, whose estimates are cited by the Ministry of Agriculture, identified two main factors for production growth. This is an increase ...
Source: Kvedomosti

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.