The Ministry of Agriculture has already set maximum prices for sunflower oil and sugar. Now this mechanism is going to be extended to other products.
In the first decade of January 2020, Russia sent 0.63 million tons of wheat abroad, then in 2021 this value was 1.1 million tons.
Over the past three months, delivery times have increased significantly, and the cost of freight has increased several times.
Compared to November 2020, in December shipments of oilseeds and their products from Russian river and sea ports abroad decreased by 17%.
Analysis of grain export shipments based on the analytical platform Logistic OS.
In 2020, the Russian government took unprecedented measures to curb grain exports. And these measures may remain for a long time.
The introduction of export duties on grain by the Russian Government has spurred price increases on both the international and domestic markets.
The past year has been challenging in many ways: from the coronavirus pandemic to the drought that led to crop failure in the southern regions of the country.
The reaction of the world market to the introduction of export duties on grain by Russia was not in Russia’s favor.
Coronavirus restrictions, which caused a decline in almost the entire Russian economy in 2020, for the agro-industrial complex in many cases turned into a «growth point»