The Russian Federation increased the production of table salt by 10.5% in 2023

Published 2024년 1월 22일

Tridge summary

In 2023, Russia saw a 10.5% increase in table salt production, reaching 848.6 thousand tons. This growth not only satisfies domestic demand but also enhances exports to countries like China and Mongolia. Despite the increased competition due to higher production, salt prices have remained stable as producers absorb the cost, keeping sales prices constant. The Russian market includes five domestic edible salt producers and suppliers from Kazakhstan, Azerbaijan, and Belarus.

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Original content

Moscow. January 22. INTERFAX.RU - Russia produced 848.6 thousand tons of table salt in 2023, which is 10.5% more than in 2022 (768 thousand tons), reports the Rusprodsoyuz association. According to her, this allows not only to fully cover the needs of the domestic market, but also to increase exports to China, Mongolia and other friendly countries. “The growth in salt production has led to even greater competition in this industry than in 2022. There are now 5 producers of edible salt in Russia (Russol, Tyretsol, Kaustik, Varnitsa, Kireevsky Salt Promysel and PK "Galit"), which are ready to increase production by another 43%. In addition to them, salt suppliers from Kazakhstan, Azerbaijan and Belarus are active on the Russian market," said Dmitry Leonov, deputy chairman of the board of the association, quoted in the press release. According to him, due to high competition, salt prices in ...

Source: Interfax