Japan is critically dependent on Russian crabs

Published 2023년 12월 4일

Tridge summary

Japanese consumers are heavily reliant on crab imports from Russia, with the share of purchases increasing to 68.8% this year due to American sanctions on Russia. Tokyo is trying to decrease this dependence, but it is difficult because of the lower cost and limited alternative production areas. Other Russian seafood products that Japan depends on include sea urchins and cod caviar.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Japanese consumers are heavily dependent on crab imports from Russia. The local newspaper Nihon Keizai writes about this with reference to local businessmen. According to her data, the share of purchases of these products has increased to 68.8 percent this year. The publication cites American sanctions imposed due to the Russian military special operation (SVO) in Ukraine as the reason. Because of it, Russian suppliers switched their attention to the Asian market. And among the Asian countries, Japan is the closest and most convenient for sales from Russia. Tokyo is taking measures to get rid of such dependence. However, the author of the material believes that this will be difficult for two reasons. The first is the lower cost of this type of mariculture from our country. Today, its wholesale cost on average, depending on the type, has decreased by 30-50 percent from last year. In particular, snow crab fell in price by almost a third year-on-year to almost two thousand yen or ...
Source: Rosng

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