Alfalfa exports from Russia could grow to 120 thousand tons by 2030

Published Apr 17, 2024

Tridge summary

Globally, the USA, EU, Argentina, Canada, and China lead in alfalfa production, with Russia's contribution currently undervalued. By 2030, Russia aims to boost its alfalfa exports to 100-120 thousand tons annually, leveraging its 550 thousand hectares of alfalfa crops across diverse regions. Despite having several alfalfa processing enterprises, only a few in specific regions like Voronezh, Nizhny Novgorod, Ulyanovsk, Tatarstan, Mari El, and Krasnodar are focused on export. According to FSBI Agroexport, Russia's production and export levels are far below their potential, indicating significant growth opportunities in the alfalfa market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The largest producers of alfalfa in the world are the USA, EU, Argentina, Canada and China. In Russia, alfalfa remains an undervalued crop, but experts expect that by 2030 its exports will grow to 100-120 thousand tons per year. According to Rosstat, in 2023 in Russia, about 550 thousand hectares were occupied by alfalfa crops in several regions of Russia, from the North-West to the Far East. Also, several enterprises that are engaged in the processing of alfalfa are already operating or are at a stage close to implementation - they can be found in the Tyumen region, in the European part of Russia, as well as in the Novosibirsk region, Trans-Baikal and Primorsky territories, says the FSBI Agroexport. , which sfera.fm reviewed. However, only a few enterprises in the Voronezh, Nizhny Novgorod, Ulyanovsk regions, the Republics of Tatarstan ...
Source: Agronovosti

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