Sprats and other canned food may rise in price by 20 percent in Russia

The impetus for rising prices will partly be a ban on the import of these goods into Russia from the unfriendly United States, Norway and EU countries. But there is also a reverse movement here: market niches for Russian companies will be freed up, which will activate their enterprises. The second impetus to rise in prices may come from a decrease in the production of frozen fillets, canned food and salted fish in Russia. But our manufacturers are quite capable of relieving this tension, too. The most popular in Russia were Latvian sprats. But Russian fishermen and fish processors can easily fill this niche. Moreover, significant funds are being invested in the fishing industry of the regions - the Murmansk region, for example. And this will calm prices, says Ekaterina Novikova. It is clear that it will take time for our manufacturers to occupy the niches that have been vacated on the market. All the experts interviewed by RG are unanimous in approving the ban on the import of ...