Russian exporter: China is a potential market for Russian alfalfa exports

Published 2024년 3월 26일

Tridge summary

Alfalfa, a crucial crop for cattle feed, soil fertilization, and medicinal uses, sees significant demand in China, with imports reaching up to 2 million tons annually. The country's consumption is projected to increase by 7-8% yearly, primarily sourcing from the United States and Spain. However, due to logistical benefits, China shows a preference for alfalfa from Russian regions near its border. Russia is actively developing alfalfa production and processing in areas like the European part, Novosibirsk Oblast, Transbaikal Territory, and Primorsky Krai, aiming to ease transportation to China and other markets such as Japan, South Korea, Vietnam, and Persian Gulf countries.

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

Original content

Alfalfa is a valuable plant crop in the leguminous family, mainly used as cattle feed. Different species of alfalfa are used as soil fertilizers, have medicinal and health benefits, are used in beekeeping or for decorative purposes. Gontari pointed out that according to data from the General Administration of Customs of China, China imports up to 2 million tons of alfalfa every year. It is predicted that the consumption growth rate of alfalfa in the next few years may reach 7-8% per year. He pointed out that China mainly Importing alfalfa from the United States and Spain. Gontari said dairy plants in China may be thousands of kilometers away from the ports where other importers ship alfalfa. Gontari said: "China prefers to import alfalfa from Russian regions close to the Russian-Chinese border, which is more convenient logistically. If feed is produced in the Russian border areas and exported to China, it will be more convenient for Chinese dairy merchants .” Gontari said ...

Source: Foodmate