Russia: Poultry and Products Annual
FAS Moscow forecasts 2016 broiler production to reach 3.70 million metric tons (MMT), or 4 percent growth year-on-year. Domestic producers continue expansion at a slower pace compared to 9 percent in 2015. Broiler meat consumption is expected to be 3.76 MMT, a minor 0.4 percent growth from 2015. Growing production costs and price sensitive consumer demand continue to impact margins; sector consolidation and competition between producers may intensify. The weak ruble, restrictive trade policies, and competitive domestic products in 2016 could halve imports to 130,000 MT from 260,000 MT in 2015. Poultry exports to traditional EAEU and new markets in 2016 may grow to 70, 000 MT.
