Turkey exports from Russia could quadruple by 2030

Published 2021년 2월 17일

Tridge summary

Experts predict that Russian turkey meat exports could reach 35,000 tons, valued at $75 million by 2030, with potential markets including Africa, Asia, the Middle East, and the European Union. In 2020, turkey meat exports increased by 135% to 8.7 thousand tons, generating $13.5 million in revenue, with China and Ukraine being the main importers. Domestic production of turkey meat in Russia increased by 20% to 330,000 tons in 2020, and consumption grew by 17% to 324.6 thousand tons. Additionally, Russian imports of turkey meat decreased by 30% to 3,300 tons in 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"Taking into account the increase in production volumes, as well as the opening of new markets, Russian exports of turkey meat by 2030 may amount to about 35 thousand tons for a total of $ 75 million," experts say. Among the promising sales markets, Agroexport singles out African countries (including Benin, Congo, Gabon, Guinea, Congo, Ghana, Equatorial Guinea, Liberia, Angola, South Africa), Asian countries (including China, Vietnam, Hong Kong, the Philippines, Thailand, Indonesia, Malaysia, Japan, Singapore), the countries of the Middle East (including the UAE, Jordan, Saudi Arabia, Kuwait, Qatar, Bahrain), as well as the countries of the European Union. According to experts, at the end of 2020, the volume of supplies of turkey meat for export amounted to 8.7 thousand tons, which is almost 2.5 times higher than the level of the previous year. Export revenue also showed growth, in 2020 its value amounted to $ 13.5 million against $ 6.6 million a year earlier. At the end of 2020, ...
Source: Agrovesti

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.