May 15, 2013

 

Russia's poultry imports increase 20% in Q1 2013
 

 

During January-March, Russia's imports of poultry meat jumped by 20% compared to the same period last year, reaching 93,900 tonnes and a total value of US$150.2 million.

 

This is according to the latest data from the Federal Customs Service (FCS).

 

At the same time, imports of other meat decreased by 6.2% to 224,600 tonnes or US$887.3 million. Imports of processed and canned meat products fell most dramatically by 28% to 7,500 tonnes, worth US$37.9 million.

 

Experts pointed out that the rise of poultry meat imports led to an increase in the share of imported poultry on the market, which is already under pressure from overproduction.

 

"In general, the volume of the Russian poultry market in the first quarter of 2013 amounted to 935.8 million tonnes in carcase weight, up 12.6% or 105,000 tonnes on the same period in 2012. Despite the increase in domestic poultry production performance over this period by 7.5% or 58,100 tonnes to 832,000 tonnes, the share of imported products in the domestic Russian market increased from 8.6% to 11.8%," experts from analytical agency Kazah-Zerno reported.

 

However, industry experts claimed the sharp increase in imports was not due to trading changes, but the fact that importers were given quotas a month earlier than usual.

 

"The statistical jump happened because the issue of quotas for 2013 took place in November 2012, and not in the middle of January, as they were previously. This meant that supplies to the Russian market did not begin in February, as in the 2012 figures, but from January 1, 2013," said Albert Davleev, head of Russia's department at the USA Poultry & Egg Export Council (USAPEEC).

 

"The average monthly supply of poultry at the beginning of the year was actually lower by 15-17% than in 2012, which occurred due to lower wholesale prices for poultry and large stocks on the Russian market, as well as a reduction in pork prices, which triggered a fall in prices for poultry."

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