Russia: Rosselkhozbank expects 15% increase in berry harvest by 2025

Published 2023년 6월 5일

Tridge summary

Experts at the Russian Agricultural Bank (RSHB) forecast a 15% increase in berry picking in Russia by 2025, with the gross harvest expected to reach approximately 800 thousand tons due to ongoing investment in the sector. Personal subsidiary plots are the primary contributor to berry production, with strawberries being the most harvested. The strawberry market is projected to grow at an average rate of 5% annually over the next three years, alongside a reduction in imported products and a shift in sourcing between Turkey, Belarus, and Azerbaijan. In 2022, imports of berries to Russia decreased by 6%, with the volumes distributed mainly among Cherries, raspberries, and strawberries from countries like Azerbaijan, Turkey, and Moldova.

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Original content

Experts from the Russian Agricultural Bank (RSHB) predict an increase in berry picking in Russia by 15% by 2025. In 2022, the gross harvest of berries amounted to 690 thousand tons, which is in line with the average for the past five years. It is expected that by 2025 the volume may approach 800 thousand tons due to the implementation of investment projects in the production and processing of berries. Experts note that personal subsidiary plots provide more than 97% of berry picking. The main share in the harvest is occupied by garden strawberries (strawberries at the household level), which are grown in large private farms in the Krasnodar Territory and the North Caucasus. According to RSHB estimates, the strawberry market will grow by an average of 5% per year over the next three years, with a gradual reduction in the share of imported products and a redistribution of volumes between Turkey, Belarus and Azerbaijan. Only a quarter of all fresh berries consumed by Russians are ...

Source: AgroInvestor