Author Archives: CrispConsulting

Russia to increase Sri Lankan tropical fruit imports

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Russia is interested in importing seasonal fruits from Sri Lanka, reports the news agency Tass. This was reported by a representative of the Russian commission and the head of the Federal Fishery Agency Ilya Shestakov at an intergovernmental Russia-Sri Lanka meeting.

‘’We are interested in increasing the supply from Sri Lanka. Now the main import is tea, but we are interested in sourcing seasonal fruit and vegetables which will not compete with those produced by our agriculturalists,’’ he said.

Chairman of the Sri Lankan Intergovernmental Commission and Deputy Minister of Industry and Commerce, Tennekun Mudiyanselage, said that the country can supply Russia with tropical fruits such as pineapples, mangoes, kiwifruits and bananas.

In exchange Sri Lanka hopes to increase imports of grain from Russia.

www.freshplaza.com

Russia will import more fruits and vegetables from Latin America

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On February 10, the Deputy Minister of Agriculture of the Russian Federation, Sergey Levin, met with the Minister of Livestock, Agriculture and Fisheries of Uruguay, Tabare Aguerre, to discuss the prospects for cooperation in the field of agriculture.

“Russia and Uruguay have the chance of boosting trade between them. Russia is interested in increasing imports of Uruguayan agricultural products, such as vegetables and fruit production, because of the climatic advantages that Uruguay has,” said Levin.

Argentina is another Latin American country with a great potential to increase its exports of food products to the Russian market. Argentine good exports to Russia in 2016 may grow if the authorities of the Latin American country eliminated export taxes, said the Russian ambassador to Argentina, Victor Koronelli, in an interview with RIA Novosti.

“Fruit producers are greatly interested in increasing exports of apples, pears, and some citrus fruits like lemons, tangerines, and grapefruit to Russia,” he added.

The ProdExpo fair, one of the most important agricultural food fairs in Eastern Europe, will be held in Moscow this week. This platform should promote collaboration between producers and importers from Russia and other countries, including Latin America.

www.freshplaza.com

ExpoHoReCa 2016

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  ExpoHoReCa XIV

  March 17-20, 2016

  SKK, Saint-Petersburg

ExpoHoReCa is the only exhibition for restaurateurs and hoteliers, a traditional venue of hospitality industry professionals: restaurateurs and hoteliers, manufacturers and suppliers, companies and associations in St. Petersburg.

Exhibition format B2B.

The exhibition presents a full range of services necessary for development and quality in the hotel, restaurant, bar, cafe and fast-food industries.

To increase sales, expand business contacts, and to promote positive PR of the exhibiting companies there will be:

  • workshops, presentations, tasting sessions
  • demonstrations of new equipment, fitting & technologies
  • seminars, consultations, round tables,
  • XI International competition of leading chefs for the “Baltic Culinary Star” cup
  • Tasting Court Coffee &Tea
  • Wine collections
  • Hotels Today

Exhibition participants:
manufacturers and suppliers of equipment, fittings, products, services for HoReCa.

Exhibition visitors:
owners and managers of hotels, mini-hotels, restaurants, cafes, bars, chefs, bartenders, baristas, sommeliers, confectioners, suppliers and manufacturers of products for the hospitality industry.

More information www.en.farexpo.ru

Egypt increases produce exports to Russia to partially replace Turkish supplies

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Egyptian exporters significantly increased shipments of fruits and vegetables to the Russian market, according to the head of Egypt’s Ministry of Industry and Trade Tariq Kabila.

These imports from Egypt became replacements for the now-banned products once imported from Turkey. The list of Turkish goods, import of which was prohibited, includes tomatoes, onions and shallots, cauliflower and cabbage, broccoli, cucumbers and gherkins, fresh and dried oranges and tangerines, grapes, apples, pears, apricots, peaches and nectarines, plums and sloes, strawberries.

The minister also talked about existing problems in its trade relationship with Russia such as restrictions and trade barriers for several types of food products. The paths and possibilities for solving these issues will be a major topic of the meeting between specialists attending the Russian-Egyptian business forum in Egypt.

In 2015, the fish catch increased by 5% in Russia

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In 2015, the fish catch increased be 5% in Russia. According to Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation and Head of the Federal Agency for Fishery, the catch of the Pacific and Atlantic herring increased by 4% up to 427,000 MT, the catch of sprats – by 62.5% up to 104,000 MT, the catch of shrimp – by 17% up to 14,400 MT, the catch of mackerel – by 10% up to 212,000 MT. As of December 23 the total catch was 4.33 million tons of fish, which is 5% more than the same date last year.

Shestakov also said that the supply of products to the domestic market increased by 220,000 MT compared to 2014 which helped partly compensate the lack of fish and seafood caused by the Russian food ban. In particular, the volume of herring, supplied to the domestic market, rose by 72% compared to 2014 – in total, more than 230,000 MT, the volume of pollock increased by 26% to 241,000 MT.

www.finmarket.ru

Forecast for 2016 by Aleksei Ulyukaev, Economic Development Minister

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Alexei Ulyukaev, Economic Development Minister, told reporters that the inflation rate in Russia in January would be 0.9-1%, and in annual terms, it would be 10%.

According to the Russian Federal Statistics Service, inflation rate in Russia was 0.2% from January19 to January 25, 2016 . Since the beginning of the year, the rise in prices by 25 January was 0.7%. In annual terms, inflation fell by 25 January to 10,2-10,3% from 12.9% at the end of December 2015.

In the middle of January, Economic Development Ministry told “Interfax” that if the average price for oil was $40 per barrel, inflation rate would be about 8.5%.

The Central Bank in mid-December forecast that inflation rate in 2016 would be 5.5-5.6% if oil price was $50 per barrel, and inflation rate would be 7% if oil price was $35 per barrel.  The Ministry of Economic Development expects inflation to be 6.4% if oil price is $50 per barrel.

www.retailer.ru

Growth of food prices in Russia in 2015

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In 2015, in Russia food prices rose by 14.3%, according to the Russian Federal Statistics Service. At the same time, in the EU, food prices rose 0.3% in 2015. In December, in Russia they increased by 1.4% and in the European Union, on the contrary, they decreased by 0.2%.

In Russia, prices for fruit increased by 28.7%; for sweets (chocolate, honey, candy) – by 23%, for fish and seafood – by 22.9%, for meat – by 7.8%. In the EU, the most notable was the rise in prices for fruit and vegetables.

www.retailer.ru

Belarus became a major exporter of banned products to Russia in 2015

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Belarus became the leader of re-exporting banned products to Russia, according to the statement of the Federal Customs Service. Customs authorities initiated 256 administrative cases on re-export of banned food to Russia country. After Belarus, Lithuania and Poland follow (112 cases), then Ukraine (39 cases) and Kazakhstan (28 cases), Latvia (26 cases), followed by Finland (22 cases) and Estonia (18 cases).

In total, the Russian authorities initiated 23 criminal cases and 550 administrative. In 2015, from August 7 to December 31, the Federal Customs Service detained more than 1 000 tons of banned products in the amount of 138.7 million rubles.

www.fruit-inform.com

Metro AG to retrench and refocus on Europe

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German retailer Metro AG’s global reach across 30 countries was supposed to insulate it from market swings. Instead, turmoil around the world has battered the company, forcing the chain to retrench and refocus on Europe.

With a retail empire of more than 2,000 wholesale, food retail, consumer-electronics stores in Europe, Asia and Africa, Metro has a big presence in emerging markets. But crises in many of these countries, including Russia, Greece, Egypt, over the past few years have hurt its results.

The Russian market has been the key market to Metro AG. In 2013, almost 90% of income came from this region. Up to 2014 the share of the Russian division accounted for a quarter of total operating income of the group. However, after the imposition of sanctions by the European Union and the beginning of the economic crisis in Russia, the situation changed dramatically. After the introduction of the food embargo, Russia Metro could quickly replace some banned products with Russian goods, but because of the collapse of the ruble, Metro’s loss was about €1 billion.

According to Olaf Koch, Metro AG CEO, in 2016 a priority market for the company will be Germany, which last year accounted for 38% of group revenues. In Germany, from January to November 2015 Metro sales grew by 2.8% – that is the maximum growth since 1994.

Money from the sale of assets (Galeria Kaufhof, units in Vietnam, Denmark and Greece) will go to the development of online trading according to Koch.

www.retailer.ru, www.wsj.com

X5 Retail Group is going to sell Iranian products this spring

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This spring, fruits and vegetables from Iran will appear on the store shelves of the X5 Retail Group’s three chains: Pyaterochka, Perekrestok and Karusel, according to a company press release.

The trade relationship between the retailer and Iranian exporters was established alongside the efforts of two countries’ embassies.

X5 Retail Group is interested in importing Iranian tomatoes, carrots, garlic, onions, bananas, watermelon, persimmons, pomegranates, figs, pineapple, pineapple guava and other fruits and vegetables as well as fish and seafood.

www.fruitnews.info