Russia: RSHB predicts growth in green consumption by 2030

Published 2023년 4월 25일

Tridge summary

The Russian Agricultural Bank forecasts a rise in the consumption of greens per person from 7-8 kg in 2023 to 12 kg by 2030, driven by an increase in the production of salads and greens. This trend is expected to be fueled by the adoption of modern agricultural practices, better soil cultivation methods, and the development of domestic greenhouse complexes. The production of organic and 'green' products could also potentially boost Russian crop production. However, the success of this forecast hinges on factors like demand, household income levels, and inflation. The bank also anticipates a decrease in imports of salad vegetables and salads by 2030, with an estimated 70% of the lettuce consumed in Russia likely to be domestically produced.

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Original content

Greens consumption in Russia may increase to 12 kg per person by 2030 compared to 7-8 kg in 2023, the Russian Agricultural Bank (RSHB) said in a statement. According to the bank's analysts, the increase in the production of salads and greens will satisfy the growing demand for organic and healthy food products and will stimulate the development and modernization of domestic greenhouse complexes. The results will be achieved through the introduction of modern agricultural technologies and equipment, improving soil cultivation methods and improving the conditions for growing green crops, experts say. In addition, the production of organic and "green" products can also stimulate Russian crop production in the future. An Agroinvestor source in the industry noted that there are no analysts on the production and consumption of greenery in Russia, since farmers and small enterprises that do not submit static reports are often engaged in growing it. “Therefore, we cannot now even ...

Source: AgroInvestor