Russia to increase poultry export in 2015

06-02-2015 | | |
Russia to increase poultry export in 2015
Russia to increase poultry export in 2015

In 2014, Russia increased its export of poultry by 5% to 57,000 tonnes, according to a study by the Russian Institute for Agricultural Market Studies (ICAR). Shipments to Hong Kong (+45%) and Vietnam (+201%) grew in particular, while exports to Kazakhstan faced a serious decline (-34%). The study also says that in 2015 Russian poultry export may further grow.

“In 2015, the prospects for export of poultry meat seriously increases due to a sharp rise of price competitiveness,” said senior expert of ICAR Daniel Khotko. “As a result of the devaluation of the ruble against the dollar the average price of production of broiler carcasses in Russia is now lower than in the United States and the European Union. As a consequence, Russian exporting companies should consider the possibility of increasing their exports to Asia and Africa.”

From importer to exporter

“The fall of the exchange rate of the Russian ruble twice against the dollar can transform Russia from importer to exporter of poultry products,” says vice president of the International Poultry Development Program (UIPDP) Albert Davleev. “Great potential for export markets we see in Africa for the supply of by-products and carcasses of laying hens, in the Middle East with the supply of halal products, as well as in already traditional markets for Russian poultry, like Vietnam, Hong Kong and China.”

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Vladislav Vorotnikov Eastern European correspondent