Russia has enough red caviar to meet demand – expert

Published 2024년 10월 8일

Tridge summary

Russia has an ample supply of frozen caviar, particularly red caviar, due to large stocks carried over from the previous year's production, including 25 thousand tons of pink salmon caviar. The current production is projected to reach 11.5 thousand tons from Pacific salmon, which is expected to meet domestic demand of 15 thousand tons, leading to stable prices and a possible price drop after the New Year holidays.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There are still significant carryover stocks of frozen caviar on the market The volume of red caviar production in Russia is sufficient to meet domestic demand, Alexander Panin, Chairman of the Fish Union, told TASS. “There is more than enough red caviar on the Russian market, enough until the new fishing season. Based on the catch of Pacific salmon, production this year could amount to 11.5 thousand tons. But taking into account the large volumes of pink salmon catch and caviar production last year (25 thousand tons of caviar), there are still significant carryover stocks of frozen caviar on the market. That is, the existing volumes are sufficient to meet demand,” Panin said. According to him, the level of consumption of red caviar in Russia is estimated at 15 thousand tons per year. "In this regard, there are no prerequisites for a sharp rise in prices, including before the New Year holidays," the chairman of the Fish Union emphasized. "After the New ...
Source: Specagro

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