Eggs recorded a marginal decline in total volume sales due to the negative impact of the COVID-19 pandemic on both foodservice and institutional volumes. However, the main drivers impacting the very mature category were relatively unchanged as Russian consumers continued to rely on eggs as a traditional and affordable source of protein with a high level of versatility in terms of usage and consumption occasions.
Egg prices remained largely stable in 2020 following unit price growth in 2019. Increased demand in retail was well catered for by a large supply, which reflects the category’s maturity and increasing overproduction.
Eggs is projected to see further modest total volume sales growth over the forecast period, driven by the return of sales through foodservice and institutional channels. Overall egg consumption is expected to remain stable, driven by the product’s essential status and widespread affordability.
Egg processing is likely to become increasingly appealing as an option for producers seeking to diversify their business in Russia’s highly saturated eggs category. As such, while still at a low level in Russia, egg processing is expected to grow considerably over the medium term.
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Understand the latest market trends and future growth opportunities for the Eggs industry in Russia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This report originates from Passport, our Eggs research and analysis database.
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