Russia increases dairy exports by 20%

Published 2024년 12월 17일

Tridge summary

In the eleventh month of 2024, Russia experienced a significant surge in its dairy exports, with volumes increasing by 20% compared to the same period in 2023, amounting to over $370 million. The export portfolio was led by cheeses and cottage cheese, contributing to over 30% of the total revenue, followed by fermented milk products, ice cream, dry milk, milk and cream, and dry whey. Notably, Russia saw a 9% increase in milk and cream exports, alongside substantial growth in cheese, dry milk, and ice cream exports. The main importers included Kazakhstan, Belarus, and Uzbekistan, with China emerging as a notable new market, showing a 70% increase in imports and ranking as the fifth largest buyer of Russian dairy products. This surge highlights a strong demand for Russian dairy products in the international market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January-November 2024, Russia increased its dairy product supplies to foreign markets by 20% compared to the same period in 2023. According to experts, the export volume exceeded $370 million. More than 30% of the revenue came from cheeses and cottage cheese, 22% from fermented milk products, 14% from ice cream, 11% from dry milk, 9% from milk and cream, 6% from dry whey, the press service of the Federal Center for Agroexport under the Ministry of Agriculture of the Russian Federation reports. In physical terms, over 11 months, Russian companies exported 31 thousand tons of milk and cream, which is 9% more than in January-November 2023. Supplies of cheese and cottage cheese increased by 23%, to 27 thousand tons, dry milk - by 31%, to 18 thousand tons, ice cream - by 11%, to 14 thousand tons. It is noted that the largest buyers of Russian dairy products were Kazakhstan, Belarus and Uzbekistan. At the same time, according to the results of January-November, China entered the ...

Source: Milknews