The potential for flour exports from Russia to China by 2030 is estimated at $80-100 million

Published 2024년 8월 19일

Tridge summary

Russia's wheat flour exports to China are projected to reach 200-250 thousand tons valued at $80-100 million by 2030, according to the Agroexport Center under the Ministry of Agriculture. In 2022, Russia became the leading supplier of wheat flour to China, shipping 31 thousand tons, and in 2023, supplies increased 4.5 times to 143 thousand tons. However, in the first half of 2023, China imported less Russian flour, leading to Japan taking over the market leadership. There is growing demand in China for specialized types of flour, including those from niche crops like quinoa, amaranth, and lentils, and there is increasing interest in small packaging for these premium flours.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The potential for wheat flour exports from Russia to China by 2030 is estimated at 200-250 thousand tons worth $80-100 million. This is reported in a review prepared by the Agroexport Center under the Ministry of Agriculture. In 2022, Russia took first place among suppliers of this product to China, having shipped 31 thousand tons. In 2023, supplies increased more than 4.5 times and reached 143 thousand tons (65.7% of the total volume of wheat flour imports to China). According to the General Administration of Customs of China, in 2023, the value of flour imported from Russia amounted to $56.5 million. As reported, in the first half of this year, China imported wheat and rye-wheat flour from Russia for $11.1 million, which is 35.7% less than in the same period last year ($17.3 million). Thus, the Russian Federation has yielded its leadership in this market to Japan, whose supplies amounted to $13.4 million. According to Agroexport, demand for specialized types of flour is growing ...

Source: Zol