ROIF Expert: Consumption of french fries in Russia increased by 1.3% in 2019

Published 2020년 12월 7일

Tridge summary

A report by ROIF Expert analytical agency reveals that French fries consumption in Russia saw a 1.3% increase in 2019, with the market growing at a CAGR of 52.6% from 2016 to 2019. This growth was primarily driven by an increase in domestic production and higher product prices. However, the market experienced a decline in 2020 due to reduced consumption by catering enterprises amid the COVID-19 pandemic, leading to a 28.8% decrease in imports. Despite this, Russia's potato exports increased by 64.8% in 2019, with a 7.2% rise in deliveries from January to September 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the research "French fries market in Russia: research and forecast until 2024", prepared by the ROIF Expert analytical agency, the consumption of French fries in Russia in 2019 increased by 1.3% compared to 2018. In the period from 2016 to 2019. consumption growth was 52.6%. "The main sources of growth in the French fries market in 2019 were the growth of domestic production amid an increase in product prices. In the estimate of the four-year interval 2016-2019, the production of French fries in Russia increased by 813.5%. Imports of French fries to the domestic market in the current time interval 2020 amounted to 51.5 thousand tons, which is 28.8% less than in the same period last year, against the background of the continued decline in imports of French fries from the Netherlands and Poland, "the study says. Earlier in the materials FruitNews it was noted that the Russian market for French fries in 2020 decreased due to a decrease in consumption by catering ...
Source: Fruitnews

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