on March 11, 2015

Russian petfood market may drop amid rising prices

Companies reacting, reconsidering production strategies in wake of current market

The Russian petfood market in 2015 may face a significant reduction of sales—20–25% in volume and roughly 50% in monetary terms—on the backdrop of the fall of the exchange rate of the Russian ruble against the US dollar and Euro at the end of 2014, market participants forecast.

Various experts’…

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