Russia's seafood export revenue target for 2030 is $8.85 billion

Published 2024년 11월 22일

Tridge summary

The All-Russian Association of Fishery Enterprises (VARPE) has set a fishery export target for Russia at $8.85 billion, which is greater than the initial target of $8.5 billion and 1.5 times the target for 2021. The target products include frozen cod, haddock, crab, and caviar. The strategy to achieve these export goals includes targeting China, South Korea, Japan, and EU countries. The forecast also considers global market changes, such as sanctions and geopolitical factors. VARPE emphasizes the importance of removing export tariffs to reach these projections, especially with the increasing demand for fishmeal due to the expansion of aquaculture.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to SeafoodMedia, the All-Russian Association of Fishery Enterprises (VARPE) said that Russia's fishery export target is $8.85 billion, exceeding the initial target of $8.5 billion, which is 1.5 times the target for 2021. VARPE's analysis highlights the significant growth potential of key product categories, including frozen cod, haddock, crab and various caviar. To expand export gains, export expansion target markets include China, South Korea, Japan and EU countries. The forecast takes into account global market changes, including sanctions and geopolitical factors. VARPE also stressed that the ...

Source: Foodmate