Russia to increase pork production by 2012
During the next three year’s Russia will increase the level of the domestic poultry and pork production by 40% and 32% respectively according to the Russian Ministry of Economic Development estimates.
By Evegen Vorotnikov
It is noted that these segments of the Russian meat market will keep growing as a result of technological modernisation of production and the recovery of consumer demand.
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Thus, the growth of production will lead to further import volume reductions. The share of pork imports by 2012 will not exceed 13% (compared with 27% in 2008), while poultry – 15% (compared with 35% in 2008).
In general, according to the ministry the level of livestock and poultry for slaughter production this year will grow by 5,8% however cattle production by 2012 will decline by 3% to 1,7 million tonnes.
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According to official data, in January-August 2009, Russia reduced the imports of fresh and frozen meat in physical terms by 26,9% compared to the same period last year – to 757,300 tonnes, said the Federal Customs Service (FCS).
Poultry meat volumes decreased by 29,4% – to 556,500 tonnes. In value terms the volume of red meat imports amounted to US$ 2,470 billion, while poultry to US$ 615,3 millions.
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