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In 2022, the export of Russian margarine grew by 36%

Margarine
Russia
Published Jan 18, 2023

Tridge summary

According to preliminary data from the Federal Customs Service, in 2022* Russia exported 390 thousand tons of margarine**, which is 36% more than the same period in 2021. The value of Russian deliveries increased by 69%. The main buyers of margarine from Russia are traditionally the states of Central Asia. At the end of 2022, Uzbekistan retained its leadership among importers, increasing the import of Russian margarine by 65% (up to 104 thousand tons) in physical terms and by 87% in monetary terms.

Original content

The second place, as in the previous year, is occupied by Kazakhstan, which increased the physical volume of purchases by 20% to 66 thousand tons, and the value - by 77%. Turkmenistan is in third place: margarine exports to this country increased by 45% over the year (up to 34 thousand tons), and revenue - by 72%. Also, the top 5 buyers included Afghanistan (32 thousand tons, 6.7 times more) and Tajikistan (31 thousand tons, + 13%). For the first time Russian margarine was sent to Jordan, Lebanon, Somalia, Djibouti, Palestine, Iraq. EFKO Group, which supplies specialized fats and margarines to almost 20 countries of the world, in 2022 increased the export of margarine products by 11% compared to 2021, and the value increase was 40%. “The neighboring countries increased their purchases of EFKO margarines: the volume of exports in 2022 to Uzbekistan increased by 65%, Kazakhstan - 31%, Azerbaijan - 20%, Tajikistan - 13%. Mongolia also demonstrates an increase - 20% compared to 2021, ...
Source: Oilworld
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