In the first half of the year, the export of flour confectionery products exceeded $ 200 million

Published 2020년 9월 10일

Tridge summary

Russian flour confectionery exports, including sweet dry biscuits, wafers, and crispbreads, have experienced positive growth, with increases in shipments to various countries such as Bahrain, Burundi, and Uruguay. Despite this, exports of rusks and croutons saw a decrease. Kazakhstan and Belarus remain the largest buyers of Russian flour confectionery, with Belarusan purchases experiencing a significant increase. The growing popularity of Russian flour confectionery is attributed to the expansion of product ranges and their affordability, as many countries have seen a decrease in purchasing power. Exports of MKI have been consistently increasing over the years, reaching $ 426 million at the end of 2019, and are expected to at least maintain 2019 levels, assuming no disruptions due to a second wave of coronavirus.

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

Original content

According to the organization, shipments of sweet dry biscuits (an increase of 3.2% to $ 53 million), wafers (+ 9.9% to $ 50 million), crispbreads (+ 6.6% to $ 53 million) showed positive dynamics in the category structure. USD 3.2 million), as well as other bakery and confectionery products (+ 6.8% to USD 83 million). Export of rusks and croutons in value terms decreased by 3.3% to $ 11 million. , Bahrain, also made the first deliveries to Senegal, Burundi, Uruguay. Nevertheless, Kazakhstan and Belarus remain the largest buyers of Russian flour confectionery with a share of 54%. Exports to Kazakhstan in physical volume increased by 2.1% to 43 thousand tons, while in value terms they decreased by 2.2% to $ 65 million. Sales to Belarus increased by 19% to 29 thousand tons in physical volumes. and by 13% to $ 44 million in monetary terms. In third place is Kyrgyzstan, where 9.1 thousand tons of ICI worth $ 13 million were shipped, China is in fourth (7.1 thousand tons for $ 11 ...

Source: Dairy