In 2024, Russian pasta exports grew by 31%

Published 2024년 12월 28일

Tridge summary

In 2024, Russian pasta exports experienced a significant boost, with a 31% increase compared to the previous year, reaching a value of nearly $150 million and volume of about 115 thousand tons. The majority of these exports were made to CIS countries, particularly Belarus, Kazakhstan, and Uzbekistan. Additionally, there was growth in exports to non-CIS countries such as China, Mongolia, Saudi Arabia, and the UAE. By 2030, pasta exports are projected to reach almost $250 million, with a focus on both traditional and new markets. Companies like Makfa and Mareven Food Central are playing a key role in this growth, expanding into new markets such as Qatar, Iraq, Lebanon, Egypt, Ghana, Oman, Thailand, the United States, and Israel.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to estimates, over the 11 months of 2024, Russian pasta exports increased by 31% compared to the same period in 2023, reaching almost $ 150 million. In physical terms, the volume of deliveries amounted to about 115 thousand tons. The key export destinations are traditionally the CIS countries, which account for more than 90% of deliveries in value terms. The leaders are Belarus, Kazakhstan and Uzbekistan. Thus, pasta shipments to Belarus exceeded $ 41 million, an increase of 26% year-on-year. Exports to Kazakhstan increased by 38%, to almost $ 40 million, and to Uzbekistan - by 2.4 times, to $ 16 million. At the same time, deliveries of domestic pasta to non-CIS countries are developing. Exports of these products to China increased by 33%, Mongolia - by 35%, Saudi Arabia - by 69%, the UAE - by 2.3 times. The first 20 tons of pasta worth $1.2 million were delivered from Russia to India. According to the Federal Center "Agroexport", by 2030, Russian pasta exports may ...

Source: Zol