Salmon consumption in Russia will grow

Published 2022년 1월 6일

Tridge summary

The Russian market for salmon is on the verge of growth, with consumption expected to reach 100 thousand tons per year within the next five years, according to Dmitry Perman, a partner at Russian Friends Capital. Currently, Russia consumes about 90 thousand tons of salmon per year, 80% of which is imported, mainly from Chile and the Faroe Islands. The only Russian producer, Russian Aquaculture, produces 15-20 thousand tons, accounting for 20% of the market. The use of Recirculating Aquaculture Systems (RAS) is expected to meet the growing demand and reduce reliance on imports. Rosrybolovstvo and other organizations have signed memorandums to increase domestic production of salmon, with plans to expand production capacity to 10 thousand tons by 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Russian salmon market, although not actively, is growing, says Dmitry Perman, partner of the investment fund Russian Friends Capital. During the December conference of Agroinvestor, Agroholdings of Russia - 2021, he said that on the horizon of the next five years, the consumption of this fish will grow to 100 thousand tons per year. Now in Russia they consume about 90 thousand tons of salmon per year, and with such a volume our country is one of the leaders in Europe. However, out of these 90 thousand tons, about 80% is accounted for by imports. After the supply of salmon from Norway was closed, most of this fish went to Russia from Belarus, but the country "could not stand the laurels of the Russian salmon market leader", and now the lion's share of imports comes from Chile (frozen products) and the Faroe Islands ( usually fresh fish). The only Russian producer - "Russian Aquaculture" produces 15-20 thousand tons and occupies about 20% of the market. Growing salmon fish is ...
Source: AgroInvestor

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