Russia: The expert named the top fish products for export to Mexico

Published 2024년 5월 3일

Tridge summary

Mexico has seen a rise in agricultural trade since 2024, offering potential opportunities for Russian exporters, particularly in fish products. The pandemic has shifted consumer preferences towards packaged and processed seafood, and baby food with fish ingredients has seen increased demand. Additionally, Mexico's plans to boost shrimp and tilapia production present possibilities for the export of fishmeal, fish oil, and brine shrimp as aquaculture feeds. However, Russian exporters face tough competition from Canada and the United States, who enjoy logistical advantages due to their closer proximity to Mexico.

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

Original content

Mexico has increased both exports and imports of agricultural products since the beginning of 2024, according to the Consulting Group for Agricultural Markets (GCMA). This could be a good time for Russian exporters to explore a new market. The President of the All-Russian Association of Fishery Producers (VARPE), German Zverev, in a commentary for the Federal State Budgetary Institution "Agroexport", spoke about the prospects for the export of Russian fish products to Mexico. Historically, the bulk of domestic sales volume was fresh seafood, and the share of frozen and prepared products was less than 30%, the expert notes. That changed during the pandemic as Mexicans increased the frequency of their purchases of packaged, processed fish and ready-to-eat seafood. Even after the pandemic, the demand for frozen products remained, which certainly opens up prospects for foreign suppliers. Another interesting trend in the Mexican market: in 2020-2021, the category of baby food with fish ...

Source: Fishretail