Tridge summary
Russian chocolate exports to China have rebounded significantly, tripling by the end of 2023 following a substantial decline in 2022. ASKOND company forecasts that by the end of 2023, these exports will surpass 33 thousand tons, a significant increase from the 11 thousand tons exported in 2022. This resurgence positions China as a rapidly expanding and highly appealing market for Russian chocolate and related confectionery products. However, experts argue that government support is necessary to fully realize the sector's potential.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Exports of Russian chocolate to China recovered after a sharp drop in 2022 and grew threefold at the end of 2023. This area has prospects for further development, but experts believe that the industry needs government support to unlock its potential. As representatives of the ASKOND company reported in a commentary for the Federal State Budgetary Institution Agroexport, the export of Russian chocolate to China will exceed 33 thousand tons by the end of 2023. This is almost 3 times higher than the level of supplies in 2022, when the volume of Russian exports of chocolate products to China decreased to 11 thousand tons. With such indicators, the Chinese market ...
Source: Agronovosti
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