Russia to be the world leader in Atlantic cod production

Published 2023년 3월 15일

Tridge summary

In 2023, Russian fishermen are projected to emerge as the world leaders in Atlantic cod catch, with an expected total of 306 thousand tons, largely due to a predicted decline in production from leading fish producers like Norway and Iceland. Russia's presence in the global white fish market is expected to strengthen, though Norway remains the market leader. Meanwhile, Russian fishermen have seen increases in the catch of pollock, flounder, and herring, with herring being the most popular fish product among Russians. Crab sticks and sprat are also highly favored.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is expected that in 2023 Russian fishermen will catch about 306 thousand tons of this fish Russia can become the world leader in the catch of Atlantic cod against the backdrop of a reduction in the volume of its fishing by the world's leading fish producers, the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE) reported. Experts from the Food and Agriculture Organization of the United Nations (FAO) predict a drop in Atlantic cod production worldwide in 2023 to a record low of 1 million tons. Thus, according to analysts’ forecasts, in 2023, cod production in Norway will decrease by 100,000 tons and amount to only 278,000 tons. A 10% decrease in cod production in Iceland is expected to reach 209,000 tons. Russian fishermen caught 340 thousand tons of this species in 2022, in 2023 the catch is expected to reach 306 thousand tons. Thus, by the end of 2023 the country can take the position of the largest catcher of Atlantic cod in the world, says ...

Source: Specagro