ShapeShapeauthorShapechevroncrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape

Russian meat producer Cherkizovo sees up to 70 percent growth in exports

Cherkizovo Group, Russia’s largest meat producer, expects its export volume to rise by up to 70 percent in 2020 due to higher sales of poultry to Asia and the Middle East.

3 December 2020, at 7:14am

Reuters reports that Cherkizovo expects its poultry exports to jump 85 percent to about 63,000 tonnes, or around 74 percent of the estimated 85,000 tonne export total for 2020.

"China has become the major export market for our poultry products since 2019", said Andrey Terekhin, head of industry associations and government institutions relations at Cherkizovo.

In 2020, Cherkizovo shipped the first batches of poultry to Saudi Arabia and the UAE.

Overseas sales of pork are estimated to rise by 32 percent to 14,500 tonnes, while turkey exports are likely to more than double to 2,400 tonnes, the company said.

In July-September, Cherkizovo sold 175,880 tonnes of poultry, 68,400 tonnes of pork and 10,190 tonnes of turkey meat.

--Reuters