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Russia's Pet Food Prices Soar Amid New Taxes

3/19/2025

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Summary

Story summary

Russia's new excise duty on dry pet food could raise prices, which have already surged nearly 50% in two years.
Premium pet food prices increased by 8-9% in early 2025, with an expected 20% rise by year-end.
Import restrictions and labeling reforms are escalating costs and complicating compliance for manufacturers.
A proposed tax intended to aid homeless animals may disproportionately impact low-income consumers.

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Story summary

Russia's new excise duty on dry pet food could raise prices, which have already surged nearly 50% in two years.
Premium pet food prices increased by 8-9% in early 2025, with an expected 20% rise by year-end.
Import restrictions and labeling reforms are escalating costs and complicating compliance for manufacturers.
A proposed tax intended to aid homeless animals may disproportionately impact low-income consumers.