May 12, 2011

Russia to halt poultry imports by 2014

In the following four years, Russia will continue to raise output and shipments of poultry and by 2014, it will be able to curb import supplies totally, according to the forecast of Express Review agency.

However, imported products will not completely disappear from the Russian market as a small share of imported poultry is necessary for normal operation of the industry. According to Express Review, by 2014, the share of imported products on the poultry market will be about 7%.

"Nowadays, the industry almost meets the requirements of domestic consumption completely, and imports in the current market situation are not required. But it should be said that a certain amount of imported products is necessary for competition development. Nobody is talking about a ban on imported products," said Galina Bobylyova, general director of the Russian Poultry Breeders Union.

Due to state policy to restrict imports and increase investment in the industry, Russia, on the one hand, in the nearest future will be able to fully meet the demand of the domestic market and realise its export potential. On the other hand, domestic manufacturers may also face the problem of oversupply in some kinds of production due to limited range.