Global pollock prices will continue to decline due to increased catch

In a new FAO report, experts predict a further decline in prices for pollock products due to an increase in the volume of catch of this fish. At the same time, demand for pollock will stimulate a decrease in cod supplies. According to experts, in 2024 the global catch of pollock will increase by 12%, to 3.7 million tons. Russia will remain the main producer. Last year, Russian fisheries producers produced 1.9 million tons of this type of fish; this year the industry expects the catch to increase to 2 million tons. High levels of pollock production will impact the global market. According to FAO analysts, in 2023 the average price of pollock products on the world market ...