Relevance of the Research
The relevance of the study "Agro-industrial complex of Russia 2022 "
The export of agricultural products from Russia in 2021 for the second year in a row in the new history of the country exceeded imports. According to INFOLine's preliminary estimate, exports of agricultural and food products have almost reached $35 billion (+15%). Russia is one of the world's twenty largest food exporters.
In 2021, record harvests of sunflower, sugar beet, greenhouse vegetables were obtained in the country, as well as the production of commercial aquaculture, livestock and poultry (in live weight) and milk increased. In 2022, it is projected to increase the acreage under spring grain, sugar beet, rapeseed, soy, potatoes and vegetables of the open ground.
An increase in world food prices by 28%, according to FAO, disruption of logistics chains, inflation, according to preliminary estimates, will add 10% or more to the increase in the cost of food in Russia.
In 2021-2022, the main challenges for the agro-industrial complex are rising prices for raw materials and high volatility of costs at all stages of production, as well as a shortage of personnel.
To stimulate the further development of the industry in the Russian Federation, several sectoral strategies are being implemented:
• The "Strategy for the development of the agro–industrial and fisheries complexes of the Russian Federation for the period up to 2030" assumes an increase in the gross value added created in agriculture by 2024 to 5374.8 billion rubles (by 2030 - 7000 billion rubles), including due to a significant increase in exports.
• The Law "On Viticulture and Winemaking": a ban on the use of imported wine materials for the production of wines in Russia is introduced.
• 285 billion rubles will be allocated for the State Program for the Development of Agriculture and regulation of agricultural products, raw materials and food markets in 2022, and in subsequent years - 2023 and 2024 - 304.7 and 326.9 billion, respectively.
In the near future, the industry will continue to consolidate the industry, further building vertical integration, including through M&A transactions, and digitalization of the industry as a whole, which should ensure cost reduction, margin growth and increased competition.
In order to analyze in detail the state of the industry and understand how and in which segments it will develop, we have prepared this review. With this product, you will be able to analyze the company's development in comparison with competitors and industry indicators as a whole, as well as prepare a strategic business development plan.