According to the forecast, the potential of Russian food sector could enable meat exports value to China to reach 814 million U.S. dollars by 2024, making this category the most prospective for Russian food companies for future exports to the country. However, this could only be possible if China lifted the supply restrictions on Russian cattle meat and pork.
Forecast export value of food products from Russia to China in 2024, by product category
(in million U.S. dollars)
The forecast was made by KMPG for Russian Ministry of Agriculture based on a consumer survey on Chinese market and the assessment of Russian production potential in the case of realization of announced investment and infrastructure programs.
* In the case that the restrictions on cattle meat and pork supply in China due to an epizootic situation in Russia are lifted.
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KPMG. (June 5, 2019). Forecast export value of food products from Russia to China in 2024, by product category (in million U.S. dollars) [Graph]. In Statista. Retrieved June 27, 2022, from https://www.statista.com/statistics/1039123/russia-potential-food-export-value-to-china-by-product/
KPMG. "Forecast export value of food products from Russia to China in 2024, by product category (in million U.S. dollars)." Chart. June 5, 2019. Statista. Accessed June 27, 2022. https://www.statista.com/statistics/1039123/russia-potential-food-export-value-to-china-by-product/
KPMG. (2019). Forecast export value of food products from Russia to China in 2024, by product category (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 27, 2022. https://www.statista.com/statistics/1039123/russia-potential-food-export-value-to-china-by-product/
KPMG. "Forecast Export Value of Food Products from Russia to China in 2024, by Product Category (in Million U.S. Dollars)." Statista, Statista Inc., 5 Jun 2019, https://www.statista.com/statistics/1039123/russia-potential-food-export-value-to-china-by-product/
KPMG, Forecast export value of food products from Russia to China in 2024, by product category (in million U.S. dollars) Statista, https://www.statista.com/statistics/1039123/russia-potential-food-export-value-to-china-by-product/ (last visited June 27, 2022)
