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Russian Agricultural Products Export Center: Russia's beer exports to China can double compared with last year

 Last Update: 2022-12-30
 Source: Internet
 Author: User

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Russian Satellite News Agency Moscow The Federal Agro-Industrial Complex Product Export Development Center of the Russian Ministry of Agriculture released news that Russia has the ability to increase beer exports to China from $26.
4 million in 2021 to $50 million
.

The announcement said: "It is estimated that the potential of Russian beer supply to China is around
$50 million.
”

According to data from the Russian Agricultural Export Center, between 2017 and 2021, the countries with the largest beer exports to China were Germany (20.
6%), Belgium (16.
7%) and Mexico (11.
3%)
.
Russia's beer exports to China ranked seventh
in 2021.

In terms of volume, the countries with the largest beer exports to China in 2021 are still Germany (32.
8%), Belgium (9.
7%), and Mexico (8.
4%)
.
Russia's beer exports to China reached 36,300 tons (6.
8%) in 2021, a significant
increase from 19,400 tons in 2017.

However, imports account for only about 1% of China's beer market
.
In 2021, China imported 529,800 tons of beer (US$710.
5 million), the lowest in five years
.
China's beer imports peaked at 826,100 tons ($904.
4 million) in 2018
.

Experts pointed out that in recent years, China's domestic beer consumption has been around 44 million tons to 46 million tons, and only in 2020 it decreased to 42.
23 million tons due to the closure of the catering industry, but beer consumption and production in 2021 have rebounded, increasing by 5.
2%
year-on-year.

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