Russia has increased the import of food equipment by almost 60% over 5 years.

Imports of food industry equipment by Russia from 2020 to last year increased by 59 percent to $2 billion. This is reported by Milknews, citing data from the Russian Association of Specialized Equipment and Machinery Manufacturers (Rosspetsmash). One of the important trends was named the increase in Russia of the share of China in this market – from 10 to 34 percent. From 2020 to last year, it grew by 20 percent, and for the remaining four months, the increase occurred from January to August of this year. Probably, one of the main factors for this was the low prices. At the same time, Rosspetsmash noted an increase in the ...