Database Update: Veterinary Drug and Feed Supplement Import to Russia (December 2016)
In 2016, Russia imported 22 bln RUB worth of veterinary drugs (free circulation prices) and 9.3 bln RUB worth of feed supplements and premixes. Over the year, the veterinary drug import has risen by 12.7% in monetary terms, while the feed supplement import has risen only by 4.4%.
In physical terms, Russia imported 23.9 mln units of veterinary drugs, which is 7.1% higher than that of 2015. Russia also imported around 2.6 mln units of feed supplements, which is 6.6% lower than that of 2015 due to the crisis and growing prices.
In December 2016, the imports did not follow the season’s trend, with average volumes both in physical and monetary terms. However, the long-term growth rates both in physical and monetary terms hit the minimum of the past 3 years.
MSD was the biggest importer of veterinary drugs to Russia in 2016, with a 20% rise in monetary terms and 35% in physical terms. Alltech was the biggest importer of feed supplements to Russia, with an 18% decline in monetary terms and 24% in physical terms.
Dynamics of import of veterinary drugs and feed supplements to Russia, free circulation prices including customs clearance, RUB (January 2015 – December 2016)