Demand for seafood has risen sharply in Russia

Published 2024년 8월 9일

Tridge summary

In Q1 of 2024, Russia experienced a significant surge in the sales of frozen crab and snails, with increases of 414.29% and 40% respectively compared to the same period in 2023. Despite holding a minimal share of the total fish and seafood sales, this surge indicates a growing consumer interest in these products. The availability of crab meat products from Kamchatka and Murmansk has improved, with more varieties now available in local stores. This increase in consumer interest is attributed to factors such as the trend towards dietary diversity, increased production, and a revival in demand. Direct contracts between crab harvesters and retail networks have also played a role in making these products more widely available.

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

Original content

Frozen crab sales in the first quarter of 2024 increased more than 4 times In Russia, frozen crab sales in the first quarter of 2024 increased by 414.29% compared to the same period in 2023, the research company NTech told RG. This is not the only product from the conditional category of "exotic" that showed growth - snail sales also increased by 40%. Both crabs and snails still occupy a small share of total fish and seafood sales - no more than 1%. But there is an increase in interest in them from buyers. According to NTech analysts, this may be associated with both the trend towards an increasingly diverse diet among buyers and with the expansion of the presence of such products on store shelves. Supplies of Kamchatka and Murmansk crab meat products to retail chains have grown significantly this year against the backdrop of increased supplies to the domestic market, notes Igor Karavaev, Chairman of the Presidium of the Association of Retail Companies (AKORT). In addition to ...

Source: Specagro