Russia (Russian Federation)

The domestic market of IT products is at the stage of active development, especially after the departure of foreign vendors from Russia in 2022. The past year has shown that the key trend and development strategy is not only import substitution, but also integration with developers

According to the results of 9 months of 2023, the profitability of the floriculture industry in Russia was up to 40.27%, which is the highest indicator for the same period over the past 6 years

The growth rate of Russia's GDP in January amounted to 4.6% YoY against 4.4% YoY in December 2023, according to data from the Ministry of Economic Development of Russia.

Warehouses are a stable and promising segment in the commercial real estate market. They are always in demand by manufacturers, retailers and companies working in other fields, and the available free space today does not cover the growing demand.

Since 2017, Russia has recorded an annual increase in raw milk production. According to Rosstat, over the past six years, the country has increased the production of milk by 9.3%, to 33 million tons.

China is the leader in the global consumption of lumber, which is facing serious problems. These problems relate primarily to the real estate market, which is the main driver of demand for lumber in any country

Despite the significant narrowing of sales channels for Russian timber products over the past year, Russia remains part of the global wood product market, and, accordingly, is subject to trends in the global economy.

In general, there is a recovery in the wood-based panel market. The markets of chipboard (including OSB) and fiberboard are close to recovering to values before the introduction of Western sanctions

The fight against inflation (or deflation in rare cases) is one of the main topics of last year for the whole world. Research shows that the phrase “price increase” in business media was most often found after the "key rate"

According to the Russian Grain Union, from July to December, the Russian Federation achieved nearly 60% of its annual grain export potential and may approach February 15 with a volume below the established export quota, which remains valid from February 15 to June 30, 2024