Russia has become the main source of chocolate supply to China

Food Safety News 2020-07-29
Global Foodmate
 
Kolasnov, the director of the Food Export Development Center of the Federal Agro-Industrial Complex of the Russian Ministry of Agriculture, said that the export of Russian confectionery and desserts achieved new success in 2019, and Russia has become the main source of chocolate supply to China .

At the online meeting on Russia's confectionery exports to China and Saudi Arabia, Kolasnov said that in 2019, Russia's confectionery exports amounted to approximately US$1.4 billion. Russia has become a major supplier of chocolate to China. At present, Russia has a large number of enterprises in this field, large scale, rich product types, and huge export development potential.

Noshchenko, chairman of the Russian Confectionery Industry Association, also stated that the annual output of Russian confectionery has reached 4 million tons, and the domestic market demand is about 3.3 million tons. The domestic market is saturated, and it is necessary to develop potential external markets including Asia, the Arab region and Europe.

According to materials from the Food Export Development Center of the Federal Agro-Industrial Complex of the Russian Ministry of Agriculture, Russia has become a major supplier of chocolate and chocolate candies to China in the past two years. In 2019, China imported 101,000 tons of chocolate, candy and desserts, with an import value of 438 million US dollars, of which 49,000 tons were imported from China, with an import value of 112.6 million US dollars. It is estimated that China’s per capita consumption of chocolate will grow from 0.16 kg in 2010 to 0.17 kg in 2023, and consumer demand will shift from quantity to quality. Chinese consumers will increasingly tend to buy products with higher quality and more attractive packaging. Roschmann, executive manager of the Russian Confectionery Industry Enterprise Association, said that the absolute amount of Chinese confectionery consumption is declining, but market sales are increasing. This shows that Chinese consumers are turning to more expensive products, such as zephyr cakes, soft fruit cakes, etc., and these areas are where Russian producers have an advantage.



Please note: This article is translated based on Google web translation software, if there is an error, please contact us as soon as possible to correct.

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