Russian chicken exports to China surge

 

Natalie Berkhout, Poultry World

Nov 17, 2020 

 

Steady demand for chicken meat, availability of feed from an ample grain crop and growing imports of soybean meal will support production growth in Russia in 2021.

 

In 2020, exports increased 22% driven by entry into the Chinese market. Meanwhile, domestic consumption is forecast flat while difficult economic conditions continue and competition with pork intensifies.

 

Steady demand for chicken meat during the Covid-triggered recession, availability of feed from the strong grain crop in Russia and growing imports of soybean meal will support marginal production growth to 4.725 mmt in 2021. The 2020 production forecast is revised to 4.715 mmt, which is 1% growth year-on-year from 2019. Domestic consumption of chicken meat is stable despite increased competition with pork. Quarantine measures and travel restrictions due to Covid-19 supported stable demand for chicken meat in retail, especially for the less-expensive whole chickens. In addition, demand from China, a newly opened export market, created room in the saturated market and stimulated additional output.

 

The share of chicken in total poultry meat production is approximately 94% (turkey accounts for 5.8%, and other poultry (ducks, geese, quail) accounts for 0.2%).

 

Quotas on grain exports ...

 

Soybeans as a feed base ...

 

Stable demand for the least expensive protein ...

 

Chicken meat imports to decline ...

 

China becomes major destination ...

 

Other exports ...

 

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https://www.poultryworld.net/Meat/Articles/2020/11/Russian-chicken-exports-to-China-surges-671463E/