Dynamics of Russian import of trout from Turkey in January-August 2019-2024

Published 2024년 10월 14일

Tridge summary

The article reports a significant increase in the import of Turkish trout to Russia, with frozen trout up by 20% to 25,000 tons and chilled trout by 50% to 13,000 tons, resulting in a 20% increase in import value to $205 million. The average price of these trout has also decreased by 9% for frozen and 5% for chilled compared to the previous year. This surge is attributed to a 16% increase in Turkey's aquaculture trout production, now over 220,000 tons, and the competitive pricing of chilled trout in Istanbul compared to Murmansk. The influx of Turkish trout is welcomed by Russia as it broadens the fish product range and increases fish availability for consumers.

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

Original content

1️. The supply of both frozen trout increased by 20%, to 25 thousand tons, and chilled trout by 50%, to 13 thousand tons. 2️. In monetary terms, the import of Turkish trout to Russia increased by 20%, to $205 million. In particular, frozen fish was imported for $132 million, which is 8% more than a year earlier. The import of chilled fish increased by 45%, to $73 million. 3️. The average price of frozen trout from Turkey was 9% lower than the level of the same period last year - $5.2 per kg, and for chilled trout it decreased by 5%, to $5.8 per kg. 4️. The expansion of import supplies of Turkish trout to Russia is due to two key factors. Firstly, according to the Turkish Ministry of Agriculture and Forestry, the production of aquaculture trout in the republic increased by 16% in 2023 compared to the previous year and exceeded 220 thousand tons. Of these, 70% were freshwater trout and 30% were sea trout. And Turkish trout farmers exceeded the 2018 figures by almost 2 times. ...

Source: Fishretail