Market News

The Sales Volume of Mill Cake and Extraction Cake is Increasing.

The sales volume of mill cake and extraction cake in Russia increased from 2.87 million tons in 2006 to 3.48 million tons in 2010. During the period of five years the sales growth reached 21.4%. Mill cake and extraction cake are the by-products in the oil production, therefore the dynamics of these two markets is interdependent. One more important market factor is the increase in demand for high-quality feed stuff, which contains mill cake and extraction cake.

Besides, as mill cake and extraction cake of oil-plants are mostly used for feeding, the dynamics of sales is closely connected with the development trends in animal farming. This way, from 2006 to 2010 the poultry population increased from 375 to 442 million head. The pig population during the same period increased from 16.2 to 17.9 million head.

It should be noted that, as the world poultry population tends to grow, the necessity in protein source for poultry feeding is increasing. According to BusinesStat estimates, in 2011-2015, the sales volume of   mill cake and extraction cake will continue to go up by 3.3-7% annually, and by 2015 it will have reached 4.46 million tons.

From 2006 to 2010 the market turnover increased by 73%: from 25.36 billion rubles to 43.85 billion rubles.

The increase in the sales value is connected with the escalation of the wholesale prices for mill cake and extraction cake. This way, from 2006 to 2010 the wholesale price for mill cake and extraction cake increased by 42%: from 8.8 rubles per kg to 12.6 rubles per kg.