Ice cream exports from Moscow increased by almost 50% in the first quarter of 2021
2021-06-20 09:42

Ice cream exports from Moscow increased by almost 50% in the first quarter of 2021

Ice cream exports from Moscow manufacturers in the first quarter of 2021 increased by 47.2% compared to the same period last year to 9.49 million dollars, the leading importers are the United States, said Deputy Mayor of Moscow Vladimir Yefimov.

"During the first quarter of 2021 the capital's enterprises sent 4.16 thousand tons of ice cream to foreign markets for a total amount of 9.49 million dollars. Moscow-produced ice cream was exported to 20 countries worldwide. In comparison with the same period of the last year the capital share in the structure of the all-Russian export of this production has grown in kind - from 48% to 63%", - his words on the portal of the mayor of mos.ru.

The leaders in imports of Moscow ice cream in the first quarter were the United States ($ 4.49 million), Kazakhstan ($ 2.38 million), China ($ 0.69 million), Canada ($ 0.60 million) and Bulgaria ($ 0.24 million).

According to the mayor's office, the capital's ice cream exports have shown a positive trend over the past five years. "In 2020 alone, the capital's exports increased by 25.5% compared to 2019 to $29.65 million. In physical terms, the figure increased by 21.2% and amounted to 12.7 thousand tons," added Alexander Prokhorov, head of the Department of Investment and Industrial Policy.

Last year the capital's ice cream was exported to 24 countries. Most of all Moscow enterprises supplied ice cream to Kazakhstan, the USA, China, Canada and Belarus. These countries accounted for 87% of total ice cream exports.

"Kazakhstan and other neighboring countries will remain potential markets for the capital's ice cream in the medium term. In addition, the products will be popular in Finland, the US, Saudi Arabia, the UAE and Vietnam," said Natalia Shuvalova, CEO of Mosprom Export Support and Development Centre.

Of the leading countries, the highest export price of ice cream in 2020 was observed in Belarus ($5.4 per kilogram), while the lowest price was observed in Canada (1.45). Exports of ice cream to China are also characterized by a relatively high price, its level last year was $4.26 per kilogram. The lowest export price was to Cote d'Ivoire (1.14) and the highest was to Singapore (14.39).

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    Author: Karina Kamalova