Russia may set historic record for meat exports

Published 2024년 10월 15일

Tridge summary

Russia is set to achieve a record in meat and meat product exports, reaching 800 thousand tons by the end of the year, a 16% increase from the previous year, with the first nine months already seeing a 570 thousand ton export. The most significant increase in meat supplies was to Belarus, Uzbekistan, and Saudi Arabia for beef, and China, Serbia, and the UAE for pork. China has also emerged as a major importer of chicken and other poultry meat. In addition to meat, milk and dairy product exports have also seen a 14% to 15% increase from the same period last year. Despite this, Russia's self-sufficiency in milk is slightly below the target at 86.7%. Meat production in Russia has also seen a five% increase compared to the same period in 2023, reaching 5.2 million tons.

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

Original content

By the end of the current year, the export of meat and meat products from Russia may reach the largest figure in the country's history of 800 thousand tons. Such forecasts are given in the materials of the Russian Agricultural Bank (RSHB) with reference to the Managing Director of the Bank's Center for Industry Expertise Oleg Lityaykin. In total, 570 thousand tons of products were exported abroad in the first nine months of the current year, which is 16 percent more than in the same period last year. Among specific types of meat and importers, the most noticeable increase was in the supply of beef to Belarus, Uzbekistan and Saudi Arabia. Pork was most actively imported again to Belarus, as well as China, Serbia and the UAE. In particular, according to RSHB analysts, the supply of this meat to the Chinese market since its opening for Russia in February of this year has exceeded 17 thousand tons. However, Rosselkhoznadzor cited a different figure - 28.8 thousand. The main increase ...

Source: Rosng