Russia has increased its import of apples from China almost threefold in 7 months

Published 2024년 9월 25일

Tridge summary

In the first seven months of 2024, Russia experienced a significant increase in apple imports from China, with volumes rising by 2.9 times compared to the same period in 2023, totaling 22.2 thousand tons. This surge is attributed to the severe frosts in Russia, which lowered the country's apple harvest forecast from 1.8 million tons to 1.5 million tons. Consequently, the price of imported apples from China has dropped by 24.1%, contributing to an overall decrease in retail apple prices in Russia, which are currently 2% lower than the previous week and 7.5% lower than the previous month.

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

Original content

Apple imports to Russia from China in January-July 2024 increased by 2.9 times compared to the same period in 2023 and amounted to 22.2 thousand tons. This was reported to TASS by the Rusprodsoyuz Association. The report specifies that in January-July 2023, the volume of imports from China amounted to 7.6 thousand tons. The association noted that prices for apples imported from China have decreased. Thus, for seven months of 2024, they were at $904.4 per ton, which is 24.1% lower than the figure a year earlier. At the same time, average retail prices for apples in Russia are also currently declining. According to the association, as of September 22, 2024, they were at the level of 150.5 rubles per kg, which is 2% lower than a week earlier, and 7.5% lower than the figure a month earlier. In early June 2024, Russian Minister of Agriculture Oksana Lut reported that the Russian Ministry of Agriculture had lowered its ...

Source: Kvedomosti