Poultry market in Russia (8.30)

OA show ('918 '); Russia will reduce the once raised poultry import tax rate from August 15 Russia will resume the import of poultry meat from the United States, which almost stopped after the financial crisis in 1998 Domestic poultry meat will continue to sell well After the financial crisis in 1998, in order to support the domestic poultry industry, Russia increased the import tax rate of chicken to 30%, resulting in a sharp decline in imports In 1993, the production of domestic poultry meat in Russia reached 850000 tons, which dropped to the lowest point in 1996 - 350000 tons, and rose to 500000 tons last year; while the import of poultry meat increased from 300000 tons in 1993 to 1.13 million tons in 1997, which was 800000 tons last year Last year, countries accounted for 63% of Russia's poultry imports, 9% of the Netherlands, 7% of Latvia, 5% of Belgium, 4% of Germany and Estonia, 2% of Britain and Lithuania, and 1% of Hungary, Brazil, Poland and France At present, the minimum import tax of poultry meat is 0.2 euro per kilogram, the value-added tax is 10%, the winning interest rate of importers is as high as 5-10%, while the capital turnover period of chicken import business is only 4-5 weeks, and the start-up capital is relatively low (only 5-7 million US dollars for buying a ship of American chicken), so there are many practitioners Russia does not expect its chicken industry to be hit again, as Russian incomes are now rising slightly and chicken is the cheapest meat At present, the per capita consumption of chicken in Russia is only about 8 kg, which is far lower than that in the United States (50 kg) and Eastern European countries (15-20 kg) Source: China feed industry information network TSH (author:)