Russian meat exports grow by 30% in 2021

Published 2021년 12월 20일

Tridge summary

From 2020 to 2021, Russia experienced a significant increase in meat exports, with a 30% rise in revenue to $1.02 billion despite a 2.2% increase in shipment volume to 469 thousand tons. Poultry meat made up 46% of these earnings, pork 34%, and beef 19%. China was the largest buyer, accounting for over a third of these supplies, with Vietnam, Ukraine, Saudi Arabia, and Belarus also in the top five. Poultry exports saw a decrease in supplies to traditional markets but a doubling of shipments to the Middle East, Africa, and Vietnam. Pork exports, primarily to Vietnam, also increased by 49%, and beef exports to China increased by 3.65 times. However, the market's saturation in Vietnam and China, among other factors, suggests that significant growth may not be sustainable without entering new markets.

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

Original content

From January 1 to December 5, 2021 (data on the EAEU for January-September), Russia supplied various categories of meat to foreign markets in the amount of $ 1.02 billion, which is 30% more than in the same period in 2020. In physical terms, the volume of shipments increased by 2.2% and reached 469 thousand tons. In the structure of export earnings, 46% fell on poultry meat, 34% - pork, 19% - beef. In 2021, Russian meat was supplied to more than 65 countries. China remains the largest buyer, accounting for more than a third of the total Russian value of supplies in the meat category. For incomplete 2021, 135 thousand tons of meat worth $ 364 million were sent to the PRC.Vietnam, Ukraine, Saudi Arabia and Belarus are also in the top 5 importers. Poultry Meat Poultry maintains a leading position in the structure of export sales of the meat category this year. According to the Federal Customs Service, as of December 5 from the beginning of the year, the volume of supplies amounted to ...

Source: Aemcx