Trade Exports rise 38% in 2019
In 2019, Cherkizovo Group's exports totalled 50,000 t, up 38% from the previous year. This growth was mostly driven by the poultry market, which recorded a 50% increase to 34,000 t following China’s decision to open up its market to Russian companies last year. This market accounted for over 40%, or 14,000 t, of the Company’s poultry exports.
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Cherkizovo Group’s pork exports increased by 35% to 11,000 t, while turkey sales shrank by 10% to 1,500 t. Sausage exports plateaued, remaining at their 2018 level of 4,000 t.
“In 2020, Cherkizovo plans to carry on significantly boosting its exports by expanding its offering and sales channels in the existing markets and, also, by penetrating new markets in Africa, the Middle East and South-East Asia,” explained Andrei Terekhin, Head of Exports at Trading Company Cherkizovo.