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- (-) September 2020
- (-) New Zealand
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The growth in the Russian HRI sector has been steady in recent years, mainly due to the expansion of fast food and chain restaurants outside of the saturated markets of Moscow and St. Petersburg.
While New Zealand is a population of just 5 million, consumers in this market have high spending power and it presents strong prospects for U.S. products, including fresh fruit.
Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 MMT (RTC) in 2021.
Beef production in 2021 is projected to grow based on heavier slaughter weights. A weak ruble should underpin red meat exports to traditional and new markets, while dampening imports.
Russia and Armenia notified the World Trade Organization (WTO) of draft amendments regarding Bovine Spongiform Encephalopathy (BSE) to the Eurasian Economic Union (EAEU) veterinary requirements via G/
New Zealand beef production and beef exports are expected to recover somewhat in 2021 from lower levels caused by severe drought in early 2020.
Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 M?? (RTC) in 2021.