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By 2024, grain exports will increase

Based on information about the federal project "Export of agricultural products", the volume of sales of bulk cargo abroad will increase to $ 11.4 billion by 2024, which is 1.5 times higher than the level of 2017.

The International Advisory Council on Grain Products compiled a report according to which the experts of Ernst & Young found that, according to the results of the 2018/2019 season, a decrease in the volume of grain exports from Russia is expected compared to the record season of last year. At the same time, a decrease in the production of grain products will lead to a decline in stocks by more than a third.

In addition to this, at the global level, a 7% decrease in stocks is expected in the season 2018/2019, i.e. the amount of grain consumption worldwide will exceed the amount of production for the second year in a row

accent in Ernst & Young.

According to numerous data, the cereal crop in Russia since 2014 regularly totals more than 100 million tons. In comparison, last year they received the minimum yield for the last 3 years, it amounted to 109.8 million tons. The cargo effect at grain terminals increased in chain effect. features at the port terminals of the South. Statistics show that in the first half of the 2018/2019 season, grain exports amounted to about 29 million tons, which is 6% higher than the same indicator last season.

By 2024, grain exports will increase

In the first half of the 2018/2019 season, the transportation of grain by rail in export routes slightly increased the same indicator of the previous season (8.8 million tons) and amounted to 9 million tons.

The countries of the Middle East became the most popular countries receiving grain from Russia, including Turkey (6.8 million tons), Egypt (9.6 million tons), Iran (2.6 million tons), Vietnam (2.6 million t), Sudan (2.1 million tons).


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