Imports of fish products in Russia in 2022 decreased by 31.3 percent

Published Feb 27, 2023

Tridge summary

In 2022, Russia's imports of fish products decreased by 31.3% compared to 2021, amounting to 387,000 tons with a value of over $1.819 billion. This decrease was due to a suspension of imports from 'unfriendly' countries, which was compensated by import substitution and new trade partnerships. The total import of salmon decreased due to a stoppage of supplies from the Faroe Islands, but domestic production of salmon and trout increased. There was an increase in deliveries of white fish fillets and hake, while imports of pelagic and seafood, including mackerel, capelin, herring, and shrimp, experienced a decline.

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Original content

Imports of fish products to Russia in 2022 decreased by 31.3% compared to 2021 and amounted to 387 thousand tons. This is stated in the message of the All-Russian Association of Fishermen (VARPE) with reference to the data of the Defa group. "In 2022, Russian imports of fish and seafood amounted to 387,000 tons worth over $1.819 billion. Thus, the volume of supplies decreased by 31.3% in physical terms and by 13.4% in monetary terms compared to the record levels of 2021. Such the data is contained in the Defa group review," the report said. "Despite the general decline in supplies, as we expected, there was no collapse in the Russian fish market due to the suspension of imports from unfriendly countries. First of all, this was achieved through import substitution, as well as establishing new and maintaining existing contacts with foreign trade partners" , - German Zverev, president of VARPE, commented on the data of analysts. He noted that the rate of decline in imports in ...

Source: Kvedomosti