Russia: In the Krasnodar Territory, barley exports doubled in 2024

Published 2024년 7월 15일

Tridge summary

As of July 2024, the Krasnodar Territory exported 192.8 thousand tons of winter barley worth $36.8 million, significantly surpassing the previous year's figures. The region's barley exports primarily went to the Middle East, Transcaucasia, North Africa, and Asia. Russia is projected to lead global barley exports this agricultural season, with optimistic forecasts from the Union of Grain Exporters of the Russian Federation and the Institute for Agricultural Market Studies. The demand for Russian barley has notably increased in several countries, including Saudi Arabia, the UAE, Tunisia, China, and Algeria.

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Original content

Exports of winter barley from the Krasnodar Territory as of July 2024 amounted to 192.8 thousand tons worth $36.8 million. This is 2.1 times in quantity and 2.2 times in value more than the same period in 2023, when 62.4 thousand tons of barley worth $16.1 million were exported. RBC Krasnodar was informed about this by the regional Ministry of Agriculture. At the All-Russian Field Day in Minvody, Russian Minister of Agriculture Oksana Lut said that based on the results of the current agricultural season, Russia will take first place in the world in barley exports. According to regional agroexport statistics, as of July 4, 2024, the share of winter barley in the structure of exports of grain crops in the Krasnodar Territory is 6.5% in terms of quantitative indicators and 5.8% in terms of financial indicators. As of July 2024, 162.3 thousand tons of winter barley were exported from the Krasnodar Territory to the Middle East and Transcaucasia (84.2% of the total amount of exported ...

Source: Agrovesti