Tridge summary
Russia has seen a 20% increase in pasta exports in the first seven months of the year, reaching 65 thousand tons. The country aims to strengthen its position in the global pasta market, currently in 12th place with a 1.5% share, by expanding exports to 200 thousand tons by 2030. The high price of pasta compared to wheat and lower export duties on grain in Russia due to cheaper raw materials are factors contributing to this growth. However, the industry faces challenges such as higher transport costs and tougher competition.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Over the first seven months of this year, Russia increased its exports of pasta by 20 percent to 65 thousand tons. This was reported by Vzglyad, citing data from the federal center Agroexport (owned by the Ministry of Agriculture). The world's largest exporter of this product is Italy. In addition to it, the list of three major supplier countries also includes China and Turkey. So far, Russia's position in this market is small on a global scale. According to the publication, we are only in 12th place here with a share of one and a half percent. But our country is striving to strengthen its influence. Agroexport notes that last year, supplies also increased - by eight percent compared to last year to 118 thousand tons. Export expansion is expected in at least the next six years. According to the calculations of the Ministry of Agriculture, by 2030, the volume of Russian "pasta" supplies should increase to 200 thousand tons. Leading researcher at the Center for Agro-Food Policy of ...
Source: Rosng
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