Pork production in Russia may grow by 14% in three years, according to the industry union

Published 2022년 12월 6일

Tridge summary

The Russian agricultural sector is projected to see a 14% increase in pork production by 2025, equivalent to an additional 755 thousand tons, according to Yuri Kovalev, Director General of the National Union of Pig Breeders. This growth is expected to accelerate to 8% in 2023, 5% in 2024, and 1% in 2025, peaking at a total production of 6.035 million tons in 2025. Kovalev anticipates that the commissioning of new pig farms, funded by investments made in 2018, will cease by this time. He also forecasts that the top 20 enterprises will contribute over 80% of the total pork production in the next three years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The increase in pork production by agricultural enterprises of the Russian Federation by 2025 can reach 14%, which will amount to 755 thousand tons. This was announced by the Director General of the National Union of Pig Breeders Yuri Kovalev during the XIV International Scientific and Practical Conference "Pig Breeding-2022". "The total total pork production in agricultural enterprises will increase by 14%, or 755 thousand tons by 2025," he said. In the materials for Kovalev's speech, it is noted that the volume of production in 2025 may amount to 6.035 million tons of pork. According to him, in 2023 the increase will be 8%, in 2024 - 5%, and in 2025 - 1%. At the end of 2022, the increase will reach 8% with a pork production volume of 5.28 million tons. "By 2025, the growth in pork ...
Source: Kvedomosti

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