Russia increased octopus imports from China by 1.4 times in January-July

Published 2024년 10월 29일

Tridge summary

Between January and July, Russia's octopus imports from China rose by 1.4 times to 245 tons, despite a 29% drop in price per kilogram to 690 rubles. However, overall octopus imports to Russia fell by 3% to 674 tons. While global demand for cephalopods remains high, increased catches in Latin America and higher quotas in Morocco have driven down world prices. In Russia, octopus fishing is limited due to natural conditions, with only 154 tons caught in the Far East last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Moscow. October 29. INTERFAX.RU - Russia imported 245 tons of octopuses from China in January-July of this year, which is 1.4 times more than in the same period last year, the analytical center of the Fish Union reports. The price of imported octopuses by the end of summer fell by 29% compared to the same period last year and amounted to 690 rubles per kg. However, the total import of this seafood product to Russia in January-July fell by 3% to 674 tons. "Although the global demand for cephalopods is high, the market is cooled by good catches, for example, in Latin America. World prices for octopuses are also falling due to growing receipts from Morocco, where the quota for their catch was recently increased by 19%, to 17.2 thousand ...
Source: Interfax

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.