State of agricultural production and food security in Russia in 2022
Natalya Shagaida and
Dmitry Ternovsky
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Natalya Shagaida: Gaidar Institute for Economic Policy
Dmitry Ternovsky: RANEPA
Published Papers from Gaidar Institute for Economic Policy
Abstract:
In 2022, index of physical volume of agricultural output in agricultural organizations, peasant (private) farms and household farms grew by 10.2% as compared to the previous year. In monetary terms growth was 14.8% due to rising prices on agricultural products (+4.2%, i.e. much lower as compared to general inflation). Such high growth in physical volume is determined among other things by a lower comparison base — in 2021 index was 99.6% against 2020. In 2022, output of livestock went up, however here an impact on overall dynamics of agricultural production is much less significant than in crop production (+1.1 p.p., vs. 9.6 p.p.). Largest increase was observed in pork (+5.0%) which led to a 0.5 p.p. increase in the index. Beef is the only livestock product with negative dynamic (drop in the production of cattle meat in slaughter weight came to 3.6%). Increase in grain production in 2022 was mainly on the back of a sharp increase in yields (126.9% vs. 2021), which resulted in a record-high gross harvest in country’s history. Crop area expansion was negligible at 101.1% relative to 2021 which is within five-year range of crop area fluctuations.
Keywords: Russian economy; agricultural production; food security (search for similar items in EconPapers)
JEL-codes: I18 I19 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2023, Revised 2023
New Economics Papers: this item is included in nep-agr and nep-cis
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2023-1280.pdf Revised Version, 2023 (application/pdf)
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