Experts predict an increase in fish production and consumption in the country and the world

Published 2024년 6월 13일

Tridge summary

In 2022, Russia emerged as the fourth largest fish producing country globally, with a market share of 5.4%, as per FAO estimates. The country's fishermen caught a record 5.36 million tons in 2023, contributing to Russia's status as one of the leading fish product exporters, despite a slight drop in exports to $5.8 billion. Russia is a major supplier of pollock, herring, Pacific salmon, cod, and premium crab. Despite challenges, including anti-Russian sanctions, the country is expected to maintain its leading position in the fish market. Consumption of fish in Russia has surged by 22% in 2023, while pork and poultry consumption has declined, with the growth driven by new production technologies and a wider range of Ready-to-Eat and Ready-to-Cook products. The government's support could further boost the domestic fish market by improving logistics and creating modern warehouses for fish storage.

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

Original content

Russia in 2022 became the fourth largest country in terms of catch volume with a market share of 5.4%, according to FAO estimates. Ahead are China (14.3%), Indonesia (8%), India (6%), Peru (5.8%). At the same time, according to the All-Russian Association of Fisheries (VARPE), at the end of 2023, Russian fishermen caught a record 5.36 million tons over the past 30 years, which even allowed Russia to rise to fourth place. At the end of 2023, Russia retained its position as one of the largest exporters of fish products (seventh place), despite a decrease in export volumes in monetary terms by 5%, to $5.8 billion. Our country is the largest producer and supplier to the world market of such types of resources as pollock, herring, Pacific salmon, cod, and premium types of crab, reminds VARPE President German Zverev. At the same time, it will be possible to maintain its leading position despite anti-Russian sanctions, he emphasizes. We have consistently high reserves of pollock - one of ...

Source: Fishretail