Russian turkey production shows record growth rate

Published 2021년 2월 9일

Tridge summary

Russian turkey meat production, export, and consumption have all increased in 2020, despite the economic challenges and quarantine restrictions. The country produced nearly 330,000 tonnes of turkey meat, marking a 20.7% increase from the previous year, with the Damate Group and Cherkizovo Group being the largest contributors. Turkey meat imports in Russia decreased by over 1.5 times, falling from 4,700 tonnes to 3,100 tonnes, due to the high cost of imported meat. Meanwhile, Russia's turkey exports to China grew significantly, making the country the third-largest supplier, and exports to other countries like Africa and the CIS also increased. The value of Russia's turkey exports almost tripled, reaching almost US$ 15 million.

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

Original content

The research, conducted by Russian consulting agency Agrifood Strategies, showed that turkey meat production, export, and consumption are increasing against the backdrop of the continuing decline in imports, even despite the difficult economic situation and quarantine restrictions. In 2020, turkey meat production in Russia totalled almost 330,000 tonnes, 20.7% more than in 2019. The toral revenue of commercial turkey growers exceeded 50 billion Roubles (US$ 700 million), Agrifood Strategies estimated. The large industry leaders were responsible for most of the growth, yet the positive dynamics were seen across the board. In 2020, Damate Group was the biggest turkey company in Russia, with a production volume of 151,200 tonnes of turkey meat. The company was able to significantly increase production by further vertical integration and by leasing and restoring the former Evrodon facility – the Ursdon breeding complex with a capacity of 9 million hatching eggs per year. By launching ...

Source: Poultryworld