Chocolate production in the Russian Federation increased by 8.9% in January-February

Published 2024년 4월 15일

Tridge summary

In the initial two months of the year, Russian confectionery enterprises experienced a notable uptick in production, with a 8.9% increase in chocolate and cocoa-containing products and a 9.2% rise in overall confectionery production. This growth is largely due to an upsurge in export volumes coupled with stable domestic demand. Furthermore, Russia observed its first increase in per capita consumption of confectionery products in five years, reinforcing its position as the fifth largest confectionery producer globally.

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Original content

Moscow. April 15. INTERFAX.RU - Russian confectionery enterprises produced 161.7 thousand tons of chocolate and packaged food products containing cocoa in January-February, which is 8.9% more than in the same period in 2023, reports the Ministry of Agriculture. In general, the production of confectionery products increased by 9.2% to 667.1 thousand tons, including sugar products without cocoa, including white chocolate - by 15% to 120.2 thousand tons. According to the executive director of the Association of Confectionery Industry Enterprises (ASKOND), Vyacheslav Lashmankin, whose opinion is given in the message, the main factors for production growth are an increase in the volume of export shipments and stable demand in the domestic market. Thus, according to the association, at the end of March, supplies of domestic chocolate abroad increased by more than 5% compared to the same period in 2023. In ...

Source: Interfax