Production of drinking cream in Russia increased by a quarter in the first quarter

Published 2024년 5월 16일

Tridge summary

In the first quarter of this year, Russia's drinking cream production surged by 24.8% to 87,000 tons due to high demand and its versatile use in the food industry. Consumption mirrored this increase, reaching 57,000 tons. Despite the rise in production, warehouse stocks were 8% higher than the previous year, at 6,100 tons. Since 2016, there has been a consistent annual growth in drinking cream production, with notable increases in recent years. Additionally, the overall production of whole milk products in Russia grew by 4.3% to 2.96 million tons in the same period.

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

Original content

During the first quarter (January-March) of this year, the production of drinking cream in Russia increased by 24.8 percent to 87 thousand tons (in official data for milk, units of measurement are given in solid weight - ROSNG). This was reported in the Milknews analytical center with reference to data from Soyuzmolok, the Federal Customs Service and Rosstat. Consumption of this product in the first two months, according to his data, increased by the same amount, but amounted to 57 thousand tons. It has grown due to high demand due to its wide range of uses in the food industry. And output has increased not only due to the large number of production capacities in large dairy regions, but also due to the fact that their production is not heavily dependent on imports. However, stocks of the product in the warehouses of dairy processors at the end of March due to the “high base” remained eight percent higher than in the same period last year and amounted to 6,100 tons. The center ...

Source: Rosng