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Russian production of mayonnaise and mayonnaise sources to continue growing

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Author:

Consulting Agency UkrAgroConsult

UkrAgroConsult

Mayonnaise production in Russia increased by 2.5% in 2014-2018, to 866.1 KMT against 844.7 KMT, reports UkrAgroConsult.

The rise in production of mayonnaise and mayonnaise sources in Russia is fueled by the following factors:

- a weakening rouble and growing prices for foreign-produced commodities;

- the transition to import substitution;

- falling selling prices for mayonnaise production feedstock, i.e. vegoils, eggs and sugar;

- CIS countries strengthening their demand for the products.

Mayonnaise production in Russia features apparent seasonality: its volume increases every year in November and December.

According to forecasts, production of mayonnaises and mayonnaise sources in Russia will continue climbing in 2019-2023, on average by 0.3% a year.

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UkrAgroConsult

 

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