News

Russia can strengthen its position in the West African market

Wheat
Russia
Published Nov 3, 2021

Tridge summary

According to analysts from the Center for Grain Quality Assessment, a new incentive for the development of Russian grain exports is the shipment of products from ports on the Baltic Sea. This format is promising not only for deliveries to Europe, but also to the countries of West Africa, reports KazakhZerno.kz. For example, at the end of 2020/21. the states of this region imported a total of 11.8 million tons of grain, of which the Russian Federation accounted for 18%.

Original content

In particular, Nigeria bought 1 million tons of wheat on the Russian market, although this is 15% of the total imports of this African country. According to experts, Russia, due to its high protein content (from 11.7% to 14.5%), can squeeze the North Americans and the Baltic countries (Lithuania and Latvia) on the Nigerian market. Another example: Ghana. The total export of grain to this state amounted to about 1 million tons, including the Russian Federation shipped 300 thousand tons of wheat (share of 23%). The main competitor for the Ghanaian market is Canada. Pay attention to the Center for Grain Quality Assessment and to Senegal, which imported in 2020/21. 700 thousand tons of wheat. In this volume, the share of Russian grain ...
Source: Kazakh-zerno
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