Russia’s domestic pork production continues to grow year-on-year
The latest USDA forecasts suggest Russia’s domestic pork production is set to increase by 2.7% year-on-year in 2019, to finish at 3.24 million tonnes (cwe). Consumption is predicted to be slightly above this during 2019 at 3.31 million tonnes (cwe).
Next year, the USDA anticipate that Russia’s domestic production will grow to equal its domestic consumption levels. Both are forecast to reach 3.33 million tonnes in 2020. The domestic pig herd in Russia is forecast to reach 23.6 million head during 2019, making it the one of the largest pig herds globally.
Russian imports from Brazil are still yet to return to the high levels that were seen before the ban during 2018. This may be partly due to Brazilian exports shifting to China instead where demand is currently very high. However, with most other global exporters still banned, Brazil is still the largest pig meat exporter to Russia for the year-to date.
During the first 8 months of 2019, Russia’s global exports of pig meat (excl. offal) reached 49,800 tonnes. In contrast, Russian imports reached 81,700 tonnes creating a negative trade balance of -31,800 tonnes.
Russian imports for January to August grew by 17,900 tonnes year-on-year. However, in the most recent months import levels have dropped away. Across July and August, Russia only imported 10,900 tonnes of pig meat (exc. offal). Belarus was the largest supplier at this time, despite sending less than half of last year’s levels, as volumes from Brazil were even lower. With exports at around 15,000 tonnes, it was a net exporter across this period.