The Russian pâté market is on the stage of further growth

Pate market growth rate in 2014-2021 allow us to state that the market is in a stagnation stage with prospects and potential for further growth with ambiguous growth rates, this is indicated by a positive trend in the development of the agricultural industry and an increase in MEAT production in RUSSIA, the development of the meat processing industry, as well as a low share of pate imports, which is compensated increase in domestic production.

The dynamics of the volume of the Russian pate market in physical terms during the study period has multidirectional dynamics with a clearly positive development trend, which is due to slight fluctuations in the volume of domestic production of pate, as well as fluctuations in the volume of imports and exports of these products. The decline in 2015 was primarily due to a decrease in imports due to the introduction of the import substitution program, as well as a decrease in domestic production, in 2016 growth followed due to an increase in domestic production, while imports decreased, in 2020 followed by a decline in market volume by 8.9% as a result of a decrease in imports and a decrease in production volumes due to the CORONAVIRUS pandemic. Like the growth and the fall of the pate market is associated with a change in the volume of imports and production volumes in a given period within the country, while it should be noted that the share of imports is relatively low and tends to decrease, respectively, market fluctuations are more dependent on domestic production volumes. The maximum value of the market volume was reached in 2019, when the share of imported products in the Russian market was also maximum and amounted to 11.7%, the market volume amounted to 16.1 thousand tons, the minimum value was in 2018 with an indicator of 14.5 thousand tons. GuideMarket analysts suggest that in the coming years the Russian pate market will have mixed dynamics with a positive development trend, the annual growth rate will average about 1-1.5% per year. that the share of imports is relatively low and tends to decrease, respectively, market fluctuations are more dependent on the volume of domestic production. The maximum value of the market volume was reached in 2019, when the share of imported products in the Russian market was also maximum and amounted to 11.7%, the market volume amounted to 16.1 thousand tons, the minimum value was in 2018 with an indicator of 14.5 thousand tons. GuideMarket analysts suggest that in the coming years the Russian pate market will have mixed dynamics with a positive development trend, the annual growth rate will average about 1-1.5% per year. that the share of imports is relatively low and tends to decrease, respectively, market fluctuations are more dependent on the volume of domestic production. The maximum value of the market volume was reached in 2019, when the share of imported products in the Russian market was also maximum and amounted to 11.7%, the market volume amounted to 16.1 thousand tons, the minimum value was in 2018 with an indicator of 14.5 thousand tons. GuideMarket analysts suggest that in the coming years the Russian pate market will have mixed dynamics with a positive development trend, the annual growth rate will average about 1-1.5% per year.

 

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