Russian sprat producers have completely replaced foreign companies in the domestic market

The output of these products by the end of the current year can reach 217 million cans Russian producers can fully satisfy the demand of domestic consumers in high-quality sprats, and the production of these products by the end of this year can reach 217 million cans, or 76,000 tons. Experts from the Rosselkhozbank Center for Industry Expertise came to this conclusion. “During the time of restrictions on the supply of sprats to Russia from the Baltic countries, domestic enterprises seized the chance: they increased their catch and production and, as a result, completely occupied this market niche,” the financial institution said in a statement. Analysts recalled that until 2006, Latvia was the leader in sales of sprats on the Russian market. But with the introduction in 2006 of restrictions on the supply of these products and the establishment in 2015 of a complete ban on imports, the Russian sprat market has changed. So, since 2015, Russia has been annually increasing quotas for ...