In 2023, Russia will increase exports of milk powder by more than 5 times

Published 2024년 1월 12일

Tridge summary

Russia significantly increased its milk powder exports by 5.4 times during January-November of this year, with skimmed milk powder making up the majority of the increase. The increase in exports is attributed to growing demand for less harmful dairy products in many countries and the business strategy of domestic dairy companies. The country has also expanded its export markets to new countries, including Saudi Arabia, the Philippines, and Algeria, and is working towards establishing cooperation with Hong Kong for future exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During January-November of this year, Russia increased its supplies of milk powder abroad by 5.4 times or to more than 17 thousand tons. This was reported by the Federal Center for the Development of Agricultural Exports (Agroexport, owned by the Ministry of Agriculture). The main share of supplies fell on skimmed milk powder (SMP) - 14,900 tons, or 5.9 times more than in the same period last year. The reason for this could be the growing demand in many countries for less harmful dairy products. Whole milk (WWM) exported 2,100 tons or 3.3 times more. In monetary terms, the volume of milk exports of both categories also increased significantly - 2.9 times, exact figures are not given. Among individual states, three neighboring countries – Armenia, Georgia and Kazakhstan – became the largest importers of SOM and SCM. In the first of them, shipments of both goods increased 13 times from the 2022 figure to 1,900 tons. In the second, 1,400 tons of whole and skim milk powder were ...
Source: Rosng

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