Turkey production in Russia may grow by 70% by 2030, up to 700,000 tons

Published 2023년 4월 14일

Tridge summary

Russia's turkey and turkey product production is projected to grow by nearly 70% by 2030, reaching between 680-700 thousand tons, according to Anatoly Velmatov, executive director of the National Association of Turkey Producers. This growth is expected to occur through medium-sized management forms, rather than consolidation or large enterprise development. In 2022, turkey production was 415 thousand tons, with 80% controlled by four companies. The industry faces challenges such as interruptions in the supply of breeding material and highly pathogenic avian influenza. Exports, which are predicted to grow to 10% of the total production, are currently mainly to Africa, Asia, and the Middle East, while imports are negligible. The industry also has a significant reliance on foreign hatching eggs, with Russia producing about 60% of its own hatching eggs in 2023, with plans to increase this to 70% by 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of production of turkey and products from it in Russia by 2030 can grow by almost 70% compared to the figure for 2022 and reach 680-700 thousand tons. Anatoly Velmatov, executive director of the National Association of Turkey Producers, expressed this point of view during the conference "Agroinvestor: PRO Livestock and Feed". “In terms of production, we plan that by 2030 we will reach the production of 680-700 thousand tons. And this increase will be carried out not through consolidation and not through the development of large enterprises, nevertheless, through the development of medium-sized forms of management,” said He. Velmatov said that in 2022, production amounted to 415 thousand tons, with 80% occupied by four companies. He noted that in the first quarter of 2023, the growth in the production of turkey products amounted to 12%, but now there are almost no stocks of products in warehouses. "We predict that from the beginning of the barbecue season - April-May, ...
Source: Kvedomosti

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