In 2022, Russia may again become a net exporter of food — Agroinvestor
Food exports from Russia in 2022 may exceed imports for the third year in a row. Already in the first half of the year, our country increased supplies abroad by 20-22% compared to the same period last year, RIA Novosti reports with reference to InfoLine data.
Analysts note that in 2021 the positive trade balance is $2.8 billion, in 2020 – $1 billion. Last year, agricultural raw materials accounted for 59% of all exports of food products and vegetables for their production. The indicator is 15.8% higher than a million years – $ 21 billion. Russian exporters sold goods to 151 countries, 15% of its total coverage fell on consumer countries.
It is also noted that the increase in exports in 2021 recorded about 61% of exports. In 2022, about 46% of exporters plan to increase the supply. Even in relation to the regulation of the export market by the state, decision-making regarding Russia, difficulties with logistics, etc., external shipments must all be collected in the InfoLine.
Analysts believe that in 2022, agricultural production in Russia will have a positive trend. According to them, compared to 2021, when, according to the data, there will be a value of 0.5-1.5% Rosstatthe issue grew by 0.9%.
Monika Totova said that, despite the positive signals about the opening of grain exports from Ukrainian ports, and the beginning of a decline in food products, the situation on world food markets remains unstable. She told TASS that pricing depends on effects. Retail prices, excluding consumption, energy consumption, consumption costs. Thus, the pressure is reduced, especially on low-income households or a group of people who spend most of their income on food.
Vice President Russian Grain Association Alexander Korbut, that the predominance of food exports from Russia over imports is quite possible, because the import of goods into our country is now controlled. “There are serious logistical constraints making a significant contribution to exports. I believe that imports will be reduced, as consumer demand is not as high now as it would be delayed,” he said.
In exceptional cases, exports will be dominated by cereals, vegetable oils and meal, as well as rapeseed. “Everything else is problematic. The ruble is too strong, the price is not quite fair, and we cannot compete on the world market. The world is changing, the recovery of production in China has changed the pork market. There will be exports of all harmful products this year, but it will decrease,” Korbut emissions.
in July Ministry of Agriculture it was predicted that this year the export of agricultural products from Russia could reach 40 billion US dollars, while in 2021, agricultural raw materials and food worth 37.1 billion rubles were supplied to external sources.
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