Fishmeal production has become the fastest growing fish processing segment in Russia

Published 2023년 5월 16일

Tridge summary

In the first quarter of 2023, Russia saw a 9% increase in fish processing volume, reaching 1.2 million tons, as per the All-Russian Association of Fish Industry (VARPE). The association highlighted five industries that experienced the most growth, with fishmeal and edible pellets leading the pack, seeing a 430.45% increase. Other significant growth areas include the processing of fish liver and milk, shellfish and crustacean dishes, and salmon caviar. The production of live marine fish also more than doubled. While the production of frozen and minced meat did not make the top five, it saw a notable increase of 39%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The volume of fish processing products in the first quarter of 2023 in Russia amounted to 1.2 million tons, which is 9% more than processed in the same period a year earlier, according to the All-Russian Association of Fish Industry (VARPE) with reference to Rosstat data. The WARPE report lists the five fastest growing fish processing industries for 2023. Thus, the first place was taken by the production of fishmeal and edible pellets - their production increased by 430.45% from 15.5 tons to 82.22 tons. In second place is the processing of the liver and milk of fish: drying, smoking, salting. The production of this product increased by 270.77% from 13.17 tons to 48.83 tons. The production of shellfish and crustacean dishes increased by 91.7% and exceeded the threshold of 1,000 tons. Salmon caviar production is 70.5% and has reached a volume of 536.5 tons. Finally, the production of live marine fish more than ...
Source: Fishretail

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.