Russia Imports Rye for the First Time in Three Years

Russia Imports Rye for the First Time in Three Years

In the current agricultural season—from last July to this June—Russia began to import rye for the first time in three years to meet the needs of flour mills, Agroinvestor reports. According to the source (with reference to the Federal Agricultural Supervision Service), imports have already amounted to 33 thousand tons.

The main suppliers of rye to the Russian market are Latvia (46 per cent of the total), Estonia (35%) and Poland (17.6%). Based on the results of the 2019/2020 season, the import of rye can be from 65 to 85 thousand tons. According to experts, in many parts of the Central and the Volga regions, rye prices exceeded the price of third-class wheat and in late February increased by 54 per cent compared to last year.

Last year, the rye crop in Russia was the lowest since 1991 and amounted to about 1.43 million tons compared to 1.9 million in 2018. This is the result of a decrease in crop areas to a record low of 850 thousand hectares. We also previously reported that Russia has increased imports of dairy products and coffee.

Thinking about entering the Russian market? It might be easier and cheaper than you imagine!
B2B-EXPORT.COM is your single entry point to the market in Russia, fully supporting you to make sure your goods are succeeding in our market:
  • Cost efficient entry: we provide you low cost entry to the market due to our proven efficient strategies of combining offline and online sales channels
  • Reliable trading partner: we take care of your order fulfillment as well as all negotiations, certification, custom clearance and safe payments
  • Unique expertise on the Russian Market: unlike other international platforms, our team is specialized in trading with Russia and has several years of experience and deep understanding of the market.

 

« Ранее
Далее »

Leave a Reply

Your email address will not be published. Required fields are marked *