Prices for red caviar in Russia continue to fall

Published 2024년 12월 24일

Tridge summary

The article discusses the pricing and market dynamics of caviar, with a focus on pink salmon caviar which makes up over half of the market. The current price range for 2024 is 8.5 to 13.5 thousand rubles per kilogram, but high prices are deterring buyers and the market situation is influenced by the catch volume. Prices are projected to decrease by 6-8% with a doubling of the catch in the next year, and there are expectations for reduced illegal products in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Usually, caviar prices are formed in late September - early November, and this year the price range was from 8.5 to 13.5 thousand rubles per kilogram. In 2024, there is no excitement about this product, which is due to high prices that scare away buyers. The situation on the market also depends on the catch volume, which varies depending on the level of pink salmon caviar production, which represents more than half of the market. Vitaly Kornev, President of the Association of Production and Trade Enterprises of the Fish Market, noted that the price adjustment will be insignificant, about 10%, and getting used to the new prices will take time. Next year, with an increase in the catch by one and a half times, prices may decrease by 6-8%. Also, a significant ...
Source: Fishretail

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