The driver of dairy exports from the Russian Federation is the supply of milk powder

Dairy

Russia

Market & Price Trends

Published Jan 26, 2024

Tridge summary

In 2023, Russia saw a nearly six-fold increase in dairy exports, reaching 20 thousand tons, primarily driven by the supply of milk powder and whey. The total export value remained steady at $376 million, with Kazakhstan, Armenia, and Georgia being the main buyers. There was also a significant increase in exports of fermented milk products, drinking milk, and cream. New markets for Russian dairy products have emerged in the Philippines, UAE, Saudi Arabia, Bangladesh, Vietnam, and Oman, with potential contracts being prepared for Thailand, Malaysia, Singapore, and Iraq.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In 2023 they reached 20 thousand tons The driver of dairy exports from the Russian Federation is the supply of milk powder and whey, including to distant markets, according to the Agroexport center of the Russian Ministry of Agriculture. Thus, supplies of powdered milk in 2023 increased almost six times in physical volume - up to 20 thousand tons. In general, dairy products worth $376 million were exported from the Russian Federation last year, which corresponds to the 2022 figure. Exports of skimmed milk powder in 2023 amounted to 17 thousand tons. The largest buyers were Kazakhstan, Armenia, and Georgia. Shipping has also begun to Algeria, which is one of the largest importers of milk powder. Supplies of whole milk powder increased 3.5 times, to 2.5 thousand tons. Key buyers were Kazakhstan, Azerbaijan, Egypt, and China. Shipments of these products to Tunisia have begun. Whey exports doubled and reached 24 thousand tons. Most of this product was sent to China (29% of exports), ...

Source: Specagro