Russia. Fat-and-Oil Union of Russia forecasts fat-and-oil exports to increase 2.2 times by 2025

20.03.2018

Fat-and-oil exports are expected to increase 2.2 times and reach USD 7.2 Bl by 2025, Mikhail Maltsev, executive director of the Fat-and-Oil Union of Russia, told the All-Russian agricultural producer forum in Krasnodar on Sunday.

According to him, total output is to exceed 13 MMT, being accounted for mostly by vegoils and mayonnaise. Maltsev specified that, in monetary terms, it is to come to USD 7.2 Bl, with vegoils representing over two-thirds of this amount, reports UkrAgroConsult.

 

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