Trade4go Summary
The Agroexport Center of Russia's Ministry of Agriculture forecasts a 15% increase in potato chip exports to ten key markets by 2026, valued at $187.8 million, up from $158.3 million in 2023. These markets include Belarus, Uzbekistan, the UAE, Tajikistan, Azerbaijan, China, Kazakhstan, Serbia, Mongolia, and Georgia. The report highlights that 22 regions in Russia have favorable conditions for the production of potato chips for export.
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, our country supplied these products worth $214 million to 43 countries By 2026, compared to the 2023 level, Russia may increase potato chip exports to 10 countries that are their most promising buyers by 15%. This forecast was made in a review of the export potential of these products, prepared by the Agroexport Center of the Ministry of Agriculture of Russia. The center included Belarus, Uzbekistan, the UAE, Tajikistan, Azerbaijan, China, Kazakhstan, Serbia, Mongolia, and Georgia in the top 10 most effective export destinations. The basis for this was, in particular, the permissible level of customs tariff burden and significant potential for import growth. In 2023, these countries imported 42.6 thousand tons of potato chips for $ 158.3 million. It is expected that in 2026, exports from the Russian Federation will increase to 49 thousand tons (by 15%) for $ 187.8 million (by 18.6%). The largest buyers were Kazakhstan (in 2023, 16.7 thousand tons for $ 60.5 million) and ...
Specagro
Dec 26th, 2024
