News

Over the 10 months of this year, Russia has increased flour exports by a third compared to the same period next year

Other Flour Products
Russia
Market & Price Trends
Published Dec 7, 2023

Tridge summary

Russia has increased its flour exports by almost a third compared to last year, with a total of 990 thousand tons being exported in January-October of this year. Iran was the largest buyer with 150 thousand tons, followed by Georgia, China, and Hong Kong. Russia is also planning to export rye flour to China in the near future and has identified the UAE, Southeast Asia, Africa, and the Middle East as priority markets for flour exports.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The leader among buyers of these products was Iran with 150 thousand tons, which is 17 percent higher. Georgia came in second place with 126,000. It is followed by China, which increased purchases by 3.7 times (from 37 to 100 thousand tons) and Hong Kong with 49 thousand, where Russian flour exporters began to import it after a long break. The first country has a serious need for this product due to difficult economic and geopolitical situations. This makes urgent the issue of quickly solving problems with hunger, which the product answers. The second of them faces similar problems, but to a lesser extent. In turn, in the last two countries mentioned above, interest in Russian flour is associated with a wide range of bakery products. The temporary decline in exports to Hong Kong can be explained by distrust in the quality of Russian grain, but today this problem has been solved. It is also planned to supply rye flour to China in the near future. Rosselkhoznadzor has already begun ...
Source: Rosng
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.