Russia: In 2016 dairy products price behavior to maintain the level of 2015
Источник: The DairyNews
Dairy herd in Russia is decreasing, and the level of raw milk supply to producers is still low, say the experts.
Average price growth in dairy sector is forecasted at 3-5%. Producers will be limited by decreased consumer demand, so that price for butter is unlikely to grow more than by 7% - otherwise customers may stop buying it.
According to dairy market expert Marina Petrova (Petrova Five Consulting), in 2015 the demand decreased in all types of dairy products – from 1.2% in the segment of fermented milk products to 13-15% in the segment of cheese. The tendency will be kept in 2016, she forecasts.
According to dairy market expert Marina Petrova (Petrova Five Consulting), in 2015 the demand decreased in all types of dairy products – from 1.2% in the segment of fermented milk products to 13-15% in the segment of cheese. The tendency will be kept in 2016, she forecasts.
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