Experts predict record sardine catch this year in Russia

Published 2024년 11월 21일

Tridge summary

Ivasi has become the second most widely caught fish species in Russia, following pollock, accounting for about 30% of the total catch and meeting domestic demand for various products. There is also a high demand for ivasi in international markets for the production of fishmeal and fat, particularly for aquaculture feed. Despite increased production costs, the price for frozen ivasi sardines on the Russian market remains stable. The All-Russian Association of Fishery Industrialists (VARPE) anticipates a significant increase in ivasi supplies by 2030. Additionally, herring, which was previously replaced by ivasi in Soviet times due to shortages, is now more abundant in Russian waters and is prioritized for the domestic market.

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

Original content

According to the results of last year, ivasi became the second most widely caught fish species in Russia after pollock, says German Zverev, President of the All-Russian Association of Fishery Industrialists (VARPE). Large-sized fish are used to produce canned, preserved, salted, smoked and other products. This is about 30% of the total catch, and this entire volume goes to cover the needs of the domestic market. In addition, our fishermen produce a useful omega-3 supplement from ivasi. Despite a significant increase in enterprise costs and an increase in the cost of production, fishermen's prices for frozen ivasi sardines on the Russian market are stable: 86 rubles per kg (both in November 2023 and 2024), says Zverev. And small-sized ivasi is used all over the world to produce fishmeal and fat, primarily for the production of feed for aquaculture. Given the growing demand for feed, the demand for ivasi in foreign markets is high. According to VARPE estimates, given the continued ...

Source: RG