The roller coaster is going upwards! ๐ข
Jan 20, 2023๐ท๐บ The Russian amusement park attraction is still the best image for the country’s pig industry: after taking a slump in the first semester of 2022, it went upwards again in the second half of the year. The regained share of the global pork market came after a turbulent period due to Western sanctions, which hindered supplies.
• Against expectations, how was it possible that deliveries picked up again? The Russian consumers have saved the country’s swine industry: the growth was largely due to a spike in domestic consumption after social payments by the government.
๐ Things are looking quite bright now, as a matter of fact! In the next three years, the top-20 Russian largest pork producers will likely boost their output. To better understand the situation, read this.