Global pink salmon production is expected to plummet by 50% in 2024, which is expected to have an impact on market prices

Published 2024년 4월 28일

Tridge summary

Russia and Alaska are expected to experience a significant decrease in wild salmon catches in the upcoming seasons, with Russia's catch predicted to be 47.4% less than the previous year, totaling 320,000 tons, and Alaska's catch expected to be 41% less than last year, totaling 135.7 million fish. The decline is attributed to the normal cycle of pink salmon, with Russia's catch primarily from the Kamchatka region and Alaska's catch forecasting a 23% decrease in sockeye salmon. This decrease is anticipated to have a notable impact on market supply and prices globally.

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

Original content

Russia expects wild salmon catches in the country's Far East to drop by nearly half in the upcoming season, which begins on June 1, bringing pink salmon's traditional two-year cycle back to normal levels. The Federal Fisheries Agency Rosrybolovstvo predicts that Russia's wild salmon catch will reach 320,000 tons in the upcoming season, which would be 47.4% less than the previous year. Last year, Russia's Pacific wild salmon catch was 609,000 tons, the second-largest catch on record. Wild salmon is traditionally Russia's second-largest fishery, after cod. Nearly half of the country's wild salmon comes from the Kamchatka region, a volcanic peninsula between the Sea of Okhotsk and the Pacific Ocean. Rosrybolovstvo predicts that pink salmon catches will reach 193,000 tons in the upcoming season. Coho salmon catches are expected to be 88,000 tons, and sockeye salmon 27,600 tons. Rosrybolovstvo Director Ilya Shestakov said that these forecasts may be adjusted based on the analysis of ...

Source: Foodmate