RSHB: Milk consumption in Russia reached a record 250 kg per capita per year

The country's dairy industry not only covers domestic needs, but also increases export potential According to Rosselkhozbank (RSHB), commercial milk production in Russia in 2024 reached 26.3 million tons, which is 2% more than the previous year. The main growth factor was the increase in demand for dairy products. In addition, consumption of these products hit a record high in 2024: 250 kg per capita, which is 3 kg more than in 2023. The bank's analysts note an increase in demand for dairy products, including cheeses, cottage cheese, butter and other dairy-intensive products. Over the first 9 months of 2024, cream production increased by 16%, ice cream by 15.9%, cottage cheese by 8.5%, and cheese by 8%. The Russian Agricultural Bank emphasized that the Russian dairy industry not only covers domestic needs, but also increases export potential. It is expected that by the end of 2024, dairy product exports in physical terms will exceed 1 million tons, which is 22% more than the ...