Trade4go Summary
Russia has seen a 4.7% increase in the production of confectionery products in the first 10 months of this year, compared to the same period in 2023, producing over 3.5 million tons. This includes a 9.2% increase in chocolate and cocoa-containing food products, and a 3.8% increase in sugar confectionery products. The growth is attributed to stable domestic demand and increased export volumes. The per capita consumption of these products also saw a slight increase for the first time in ten years, reaching 26.2 kg per year. Russia's confectionery market is now the fifth largest in the world, and its products are exported to 91 countries.
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
Over 3.5 million tons of this product were produced in the first 10 months of this year Over 3.5 million tons of confectionery products were produced in Russia over the first 10 months of this year, which is 4.7% more than in the same period of 2023. 877 thousand tons of chocolate and cocoa-containing food products were produced, which is 9.2% higher than last year. The production of sugar confectionery products, including white chocolate, amounted to 675 thousand tons (+3.8%). This is stated on the website of the Ministry of Agriculture of Russia. The Association of Confectionery Industry Enterprises "ASKOND" notes two main growth factors: stable demand in the domestic market and an increase in export volumes. Thus, according to the association, the supply of domestic chocolate abroad in absolute terms increased by more than 10% compared to the same period in 2023. In addition, according to the results of last year, for the first time in the last ten years, an increase in per ...