Raw milk production in Russia will grow by 3.5% - Artem Belov
In 2020, raw milk production increased by 2.7%: 32.2 million tons of raw milk were produced. Consumption of finished dairy products a year earlier amounted to 29.3 million tons, which is 3% more than in 2019.
‘As for the demand, there are, of course, certain questions. Because last year we ended up with a 3.5% decline in the real disposable income of the population. Our industry is very sensitive to the income of the population. Therefore, I expect that the income will begin to recover, and this will help ensure that demand remains at the level of 2020,’ said Artem Belov.He also said that the export of dairy products last year increased by 20% and amounted to $360-370 million.