The volume of Russian supplies of milk powder will exceed 50 thousand tons by 2030

Published 2024년 8월 2일

Tridge summary

Russia's production of milk powder has seen a significant increase, with a projected volume of over 50 thousand tons by 2030, which is a 7.3% increase from 2022, reaching 204.8 thousand tons. The country has started exporting milk powder to Algeria, with Kazakhstan, Algeria, and Armenia being its main importers. In the first half of 2023, Russia exported 14.1 thousand tons of milk powder to Kazakhstan, accounting for 55.1% of the total imports by volume and 44.2% by value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of Russian supplies of milk powder may exceed 50 thousand tons by 2030. In general, the volume of global production of milk powder annually amounts to more than 9 million tons, Agroexport reported. Production of milk powder in Russia in 2023 increased by 7.3% or 14 thousand tons to 204.8 thousand tons compared to 2022. Thus, the Russian Federation began supplying these products to Algeria last year. The main importers of powdered milk from Russia in physical terms over the five months of this year were Kazakhstan, Algeria and Armenia. Imports of powdered milk from Russia to Kazakhstan at the end of 2023 amounted to 14.1 thousand tons for $27.8 million. Russia's share in ...
Source: Milknews

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