Russia increases export of greenhouse vegetables

Published 2020년 10월 26일

Tridge summary

Russia is projected to increase its tomato and cucumber exports by the end of 2020, reaching 20,000 tons and 13,000 tons respectively, compared to 2019 figures. This growth is due to increased deliveries to Belarus, Kazakhstan, Mongolia, Norway, and Estonia, as well as the commissioning of new production facilities and a weaker ruble. However, the export of these vegetables faces challenges due to their perishable nature and high production costs, especially with Russia's expensive electricity prices. Some Russian producers are considering setting up greenhouse operations in Uzbekistan and Kazakhstan to reduce production costs and increase export volumes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By the end of 2020, the export of tomatoes from Russia will amount to 20 thousand tons, which is 2.5 thousand tons more than in 2019, according to the Association "Greenhouses of Russia". The supply of cucumbers has also been steadily growing in recent years; by 2021, exports will reach 13 thousand tons against 11.5 thousand tons in 2019. Already in the first half of 2020, deliveries of tomatoes to Belarus, Kazakhstan, Mongolia, Norway, Estonia increased 10 times compared to the same period in 2019, and shipments of cucumbers - three times, the association reports. In the fourth quarter, a seasonal increase in prices for protected ground vegetables is expected, and given Russia's competitive advantages - low compared to Western prices for gas and electricity - there is a real possibility of further increasing exports. In 2021, taking into account the commissioning of new production facilities and work on reducing the cost of production, export figures will be even more optimistic, ...
Source: AgroInvestor

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.