Cherkizovo Group's export revenue increased by 10% in the first half of the year

In physical terms, supplies remained at the level of the first six months of 2022 - more than 50 thousand tons of MEAT and offal of chicken, turkey, pork, as well as finished products ( sausages , smoked meats, etc.).
“Since the beginning of this year, the number of EXPORT markets of the group has been replenished by two countries: Jordan, where the first batches of finished meat products - sausages and smoked products for retail sale - were sent, and Equatorial Guinea. Turkey products began to be supplied to this country,” the press reported. -service.
Thus, at the end of the first half of 2023, the group exported its products to 21 countries. During this period, the share of supplies to the EAEU countries increased . CHINA remains a stable export destination for offal and poultry meat , the company clarified.
The majority of the company's export portfolio is made up of poultry products - it accounts for 82% of the total volume of foreign shipments, including 76% for chicken, 6% for turkey. Pork and sausages account for 9% each. Halal products account for 11% of all foreign supplies. This is by 1 p.p. higher than last year's figure.
Currently, six enterprises of the Cherkizovo group are certified according to halal standards, which allows them to export their products, including to the countries of the Persian Gulf, the company noted.
“Today Cherkizovo is paying attention to developing the export of soybean oil and lecithin, supplies of which began abroad in 2022 after the launch of the company’s own oil extraction plant. In addition, in 2023, the export of hatching eggs to the CIS and EAEU countries began,” the press said -service.
All payments under export contracts for meat products are made in yuan, euros, dirhams and rubles, the company emphasized. Previously, the group announced a complete refusal to pay in dollars for exports.
As for the African export direction, its share in the group’s supplies is currently about 1%. “The main factor hindering the development of this area is high competition from the leading countries exporting meat products - Brazil, the usa , EU countries . They supply poultry and pork to Africa at very low prices,” the press service said. “However It can be assumed that in the future the level of shipments in this direction will increase against the backdrop of a constant increase in the population in Africa and a steady increase in the well-being of the continent’s inhabitants.”

Answering the question whether the previously made forecast that the export of meat products this year could exceed 100 thousand tons is confirmed, the press service said: “We plan that the export of meat products will exceed 100 thousand tons.” However, they noted that more accurate estimates are still premature, “since the unprecedentedly high demand for poultry and pork in the Russian market in 2023 significantly restrains exports.” “A sharp change in the exchange rate will certainly affect the growth of export revenues in rubles,” the company said.
Cherkizovo is one of the largest Russian producers of pork, poultry, turkey and meat processing products. The group includes 16 poultry complexes, 20 pig farms, 14 meat processing plants, as well as 12 feed mills and about 300 thousand hectares of agricultural land.