Russia: Pork exports to China could reach 70 thousand tons in 2024

Published 2024년 6월 29일

Tridge summary

Russia is set to supply 60-70 thousand tons of pig products to China in 2024, with exports to Belarus and Vietnam experiencing varied results. The country's goal is to become one of the top 5 global pork exporters by increasing shipment volumes to 400 thousand tons, with China being the most promising market. In 2023, Russia's animal product exports exceeded 1 million tons, worth over $2 billion, with pig products exports growing by 38% to 240 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2024, Russia can supply 60-70 thousand tons of pig products to China. Its general director, Yuri Kovalev, spoke about this during the annual meeting of the National Union of Pig Breeders. According to him, now supplies to the republic are just beginning to bring results - about 10 thousand tons were shipped in the first six months of 2024. Kovalev explained such volumes by the fact that the first deliveries began only two or three months ago and are carried out by only three companies. In general, during the reporting period, exports of pig products amounted to 121.5 thousand tons (plus 2%), which means that the entire additional volume produced - 180 thousand tons live or 130 thousand tons slaughter weight - remained on the domestic market . They went to ensure growth in consumption, which increased by 6% in January-June. Exports to Belarus continued to grow in the first half of the year, albeit at a slower pace (+2%). At the same time, shipments to Vietnam recovered from last ...
Source: AgroInvestor

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.