THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: FACTS AND FIGURES 2014
ABOUT THE RUSSIAN DIRECT INVESTMENT FUND The Russian Direct Investment Fund is a $10 billion fund established to make equity investments primarily in the Russian economy. RDIF was created in 2011 under the leadership of the President and Prime Minister of Russia to co-invest alongside top global investors, acting as a catalyst for direct investment in Russia. RDIF and its co-investors invested and committed over $7 billion to this end, of which RDIF alone invested $1.3 billion, while over $6 billion came from leading international coinvestment partners. RDIF also attracted over $15 billion of foreign capital into the Russian economy through long-term strategic partnerships.
I RUSSIA IN THE GLOBAL AGRICULTURE AND FOOD INDUSTRY
RUSSIA IN THE GLOBAL AGRICULTURE AND FOOD INDUSTRY 1.1 RUSSIA IS THE FOURTH LARGEST GLOBAL WHEAT PRODUCER Top-5 largest global wheat producers 2013/2014, mln tonnes 121.7 93.5 58.0 52.1 38.5 1. China 2. India 3. USA 4. Russia 5. France Source: FAO, Foreign Agricultural Service, USDA 6 WWW.INVESTINRUSSIA.COM
1.2 RUSSIA IS THE FIRST LARGEST GLOBAL BARLEY AND OAT PRODUCER AND THE SECOND LARGEST GLOBAL RYE PRODUCER Top-3 largest global barley producers 2013/2014, mln tonnes 1. Russia 2. Germany 3. France 15.4 10.4 10.2 Top-3 largest global oat producers 2013/2014, mln tonnes Top-3 largest global rye producers 2013/2014, mln tonnes 1. Russia 4.9 1. Germany 4.6 2. Canada 3.9 2. Russia 3.9 3. Australia 1.3 3. Poland 3.3 Source: FAO, Foreign Agricultural Service, USDA WWW.RDIF.RU 7
RUSSIA IN THE GLOBAL AGRICULTURE AND FOOD INDUSTRY 1.3 RUSSIA IS THE SECOND LARGEST GLOBAL SUNFLOWER SEED PRODUCER Top-5 largest global sunflower seed producers 2013/2014, mln tonnes 11.0 10.5 3.1 2.4 1.6 1. Ukraine 2. Russia 3. Argentina 4. China 5. France Source: FAO, Foreign Agricultural Service, USDA 8 WWW.INVESTINRUSSIA.COM
1.4 RUSSIA IS THE FIRST LARGEST GLOBAL SUGAR BEET PRODUCER AND ACCOUNTS FOR 2.5% OF GLOBAL CENTRIFUGAL SUGAR PRODUCTION Top-3 largest global sugar beet producers 2013/2014, mln tonnes Russia is the eighth largest global centrifugal sugar producer 2013/2014, % Others 26.2 Brazil 21.6 Russia 2.5 India 15.2 EU 9.1 39.3 33.6 29.6 China 8.2 Thailand 6.4 USA 4.3 Mexico 3.6 1. Russia 2. France 3. USA Pakistan 2.9 Source: FAO, Foreign Agricultural Service, USDA WWW.RDIF.RU 9
RUSSIA IN THE GLOBAL AGRICULTURE AND FOOD INDUSTRY 1.5 RUSSIA IS THE SIXTH LARGEST GLOBAL FLUID COW S MILK PRODUCER Top-6 largest global fluid cow s milk producers 2013/2014, mln tonnes 140.2 91.3 57.5 34.3 32.4 30.7 1. EU 2. USA 3. India 4. China 5. Brazil 6. Russia Source: FAO, Foreign Agricultural Service, USDA 10 WWW.INVESTINRUSSIA.COM
1.6 RUSSIA IS ONE OF THE TOP GLOBAL DAIRY PRODUCERS Russia is the sixth largest global cheese producer 2013/2014, mln tonnes 1. EU 9.4 2. USA 5.0 3. Brazil 0.7 4. Argentina 0.6 Russia is the fifth largest global butter producer 2013/2014, mln tonnes 1. India 4.7 2. EU 2.1 3. USA 0.8 4. New Zealand 0.5 5. Canada 0.6 5. Russia 0.2 6. Russia 0.5 6. Mexico 0.2 Source: FAO, Foreign Agricultural Service, USDA WWW.RDIF.RU 11
RUSSIA IN THE GLOBAL AGRICULTURE AND FOOD INDUSTRY 1.7 RUSSIA IS ONE OF THE TOP GLOBAL MEAT PRODUCERS Russia has the eighth largest cattle herd in the world... 2013/2014, total cattle beginning stocks, thousand heads 1. India 2. Brazil 3. China 4. USA 8. Russia 299.6 203.3 103.3 90.1 19.6...and is the tenth largest global beef and veal producer 2013/2014, mln tonnes 1. USA 2. Brazil 3. EU 4. China 10. Russia 11.7 9.7 7.4 6.7 1.4 Source: FAO, Foreign Agricultural Service, USDA 12 WWW.INVESTINRUSSIA.COM
RUSSIA IS ONE OF THE TOP GLOBAL MEAT PRODUCERS Russia is the fifth largest global pork producer 2013/2014, mln tonnes Russia is the sixth largest global broiler meat producer 2013/2014, mln tonnes 1. China 54.9 1. USA 17.0 2. EU 22.3 2. China 13.4 3. USA 10.5 3. Brazil 12.3 4. Brazil 3.3 4. EU 9.9 5. Russia 2.4 6. Russia 3.0 Source: FAO, Foreign Agricultural Service, USDA WWW.RDIF.RU 13
II THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS 2.1 RUSSIAN CROP DISTRIBUTION BY SURFACE AREA 2010-2013, by crop type, % 75.2 mln hectares 76.7 2010 2011 mln hectares 14.5 57.5 15.4 56.8 3.0 3.0 1.0 24.0 1.1 23.7 forage crops potatoes cereals and pulses industrial crops field vegetables Source: Russian Federal State Statistics Service 16 WWW.INVESTINRUSSIA.COM
76.3 2012 2013 mln hectares 78.1 mln hectares 14.8 58.2 15.4 58.7 3.0 1.0 23.0 2.8 1.0 22.1 forage crops potatoes cereals and pulses industrial crops field vegetables Source: Russian Federal State Statistics Service WWW.RDIF.RU 17
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS 2.2 RUSSIAN CROP PRODUCTION 2010-2013, mln tonnes 60.9 94.2 70.9 92.4 37.7 74.5 68.3 68.5-37.2 +54.6-24.7 +30.3 2010 2011 2012 2013 CAGR 14.91% -10.0 +97.6-8.3 +0.3 2010 2011 2012 2013 CAGR 22.03% 21.1 32.7 29.5 30.2 49.1 69.4 56.6 62.1-32.1 +54.9-9.7 +2.3 2010 2011 2012 2013 CAGR 12.7% -29.4 +41.3-18.4 +9.7 2010 2011 2012 2013 CAGR 8.14% -37.2 % change year-on-year forage crops potatoes cereals and pulses industrial crops Source: Russian Federal State Statistics Service 18 WWW.INVESTINRUSSIA.COM
2.3 RUSSIAN CROP PRODUCTION Russian crop production 2013, by crop type, % of total volume produced Russian crop yeilds 2010-2013, centner* per hectare 32.6 cereals and pulses 2010 2013 18.3 22.0 CAGR 6.33% 10.6 24.2 industrial crops 2010 2013 field vegetables 2010 2013 54.7 81.1 180.0 214.0 CAGR 14.03% CAGR 5.94% 9.9 others 0.8 21.9 forage crops field vegetables potatoes 2010 2013 forage crops 2010 2013 100.0 145.0 73.0 96.0 CAGR 13.19% CAGR 9.56% potatoes cereals and pulses industrial crops Source: Russian Federal State Statistics Service * 1 centner = 0.1 tonne WWW.RDIF.RU 19
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS 2.4 RUSSIAN LIVESTOCK AND POULTRY 2010-2013, mln heads 2010 2013 19.6 Cattle stock... 19.9 2010 Pigs 17.2 2013 19.1 2010 Sheep 2.05 2013 2.09 2010 8.8 2013 8.7...of which cows Poultry 2010 449.3 2013 494.6 Goats 2010 1.37 2013 1.34 Source: Russian Federal State Statistics Service 20 WWW.INVESTINRUSSIA.COM
2.5 MEAT, EGG AND MILK PRODUCTION IN RUSSIA Livestock and poultry for slaughter 2010-2013, slaughter weight, mln tonnes 7.1 7.8 8.1 8.6 2010 2011 2012 2013 Egg production 2010-2013, bln units 40.6 41.1 42.0 41.3 2010 2011 2012 2013 Cow s milk production 2010-2013, kg per cow 31.8 31.6 31.8 30.5 2010 2011 2012 2013 Source: Russian Federal State Statistics Service WWW.RDIF.RU 21
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS 2.6 FOOD PRODUCTION IN RUSSIA 2010-2013, % year-on-year +4.1 +0.6 +3.9 +3.2 2010 2011 2012 2013 Source: Russian Federal State Statistics Service 22 WWW.INVESTINRUSSIA.COM
2.7 RUSSIAN AGRICULTURAL COMMODITIES: SALES 2010-2013, mln tonnes* Cereals and pulses... CAGR 59.3 6.28% 49.4 2010 2013 Potatoes CAGR 11.87% 5.5 7.7 2010 2013 Milk and dairy products CAGR -0.35% 19.1 18.9 2010 2013...of which wheat CAGR 0.96% 34.4 35.4 2010 2013 Egg bln units CAGR 0.77% 30.0 30.7 2010 2013 Livestock and poultry (live weight) CAGR 7.38% 8.4 10.4 2010 2013 Source: Russian Federal State Statistics Service * unless stated otherwise WWW.RDIF.RU 23
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: CURRENT ISSUES AND TRENDS 2.8 RUSSIAN AGRICULTURAL COMMODITIES: CEREALS EXPORT 2013, major importing countries, thousand tonnes Spain Lybia 272.9 681.1 Italy Israel 613.5 Turkey 3,592 206.5 Egypt 219.2 Iran 1,115 Armenia 207.7 UAE 243.6 Saudi Arabia 1,385 Georgia 543.7 Bangladesh 267.4 Azerbaijan 753.0 South Korea 400.4 Indonesia 273.5 Source: Russian Federal State Statistics Service, Federal Customs Service 24 WWW.INVESTINRUSSIA.COM
2.9 RUSSIAN EXPORT OF KEY AGRICULTURAL COMMODITIES 2010-2013, thousand tonnes and USD mln Cereals CAGR 11.3% 19,034 13,864 2,416 CAGR 25.29% 4,752 Milk and dairy products CAGR 38.8% 24.6 9.2 CAGR 30.1% 21.8 9.9 2010 2013 2010 2013 2010 2013 2010 2013 Poultry Meat 18.5 CAGR 42.6% 53.7 CAGR 56.9% 62.6 16.2 CAGR 116.2% 0.9 9.1 (excl. poultry) CAGR 71.0% 0.3 1.5 2010 2013 2010 2013 2010 2013 2010 2013 xx - Russian export, thousand tonnes - Russian export, USD mln xx Source: Russian Federal State Statistics Service WWW.RDIF.RU 25
III THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: LARGEST PRIVATE COMPANIES
THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: LARGEST PRIVATE COMPANIES 3.1 THE AGRICULTURE AND FOOD INDUSTRY IN RUSSIA: LARGEST PRIVATE COMPANIES 2010-2013, revenue, bln USD* Yug Rusi EFKO PRODO Prodimex (sunflower processing, vegetable oil) (fat-and-oil products) (pig and paultry farms, food production) (agriculture, agricultural commodities trading) 2010 1.04 0.75 1.18 1.06 2011 1.19 0.86 1.06 1.12 2012 1.84 1.34 1.17 1.31 2013 1.81 1.34 0.84 1.10 CAGR 20.29 CAGR 21.34 CAGR - 10.71 CAGR 1.24 * Converted from RUR into USD at the Russian Central Bank s year-end exchange rates 28 WWW.INVESTINRUSSIA.COM
NOTES WWW.RDIF.RU 29
RDIF PRESENTS INVEST IN RUSSIA PLATFORM INVEST IN RUSSIA 30 WWW.INVESTINRUSSIA.COM
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