Since the beginning of the year, Russia has increased the export of sausages by 28%

Published 2020년 10월 6일

Tridge summary

From January to August 2020, Russia experienced a 28% increase in sausage and similar product exports, amounting to $52 million, compared to the previous year. The majority of these exports were to neighboring countries, with Kazakhstan and Azerbaijan seeing a 24% and 30% increase in imports, respectively. Russia has also started exporting sausages to Panama and Moldova, and has resumed exports to Norway and Indonesia. Exports are expected to rise due to increased disposable income and demand in developing countries, as well as a trend towards preparing homemade meals more quickly. Asia and Europe are identified as potential growth markets.

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

Original content

In January-August 2020, Russia exported 26 thousand tons of sausages and similar products worth $ 52 million, which is 28% more compared to last year. The neighboring countries remain the largest importers of Russian sausage products. Thus, exports to Kazakhstan this year increased by 24% to $ 35 million. Shipments to Azerbaijan increased by 30% to $ 5.4 million. This year, Russian manufacturers began supplying sausages to Panama and Moldova. For the first time since 2016, shipments have resumed to Norway and Indonesia. In total, 25 countries are buyers of domestic products. According to the Federal Center for the Development of Agricultural Products Export of the Ministry of Agriculture of the Russian Federation, an increase in world imports of sausages in the coming years will be facilitated by an increase in disposable income and demand in developing countries, as well as a tendency to reduce the time for cooking homemade meals. Asian countries, where per capita consumption is ...

Source: Mcx