In the first 10 months of this year, Japan's imports of Russian frozen cod increased by 79% year-on-year

There has been a notable shift in the agricultural market, with a significant increase in imports from Russia by 79% year-on-year, reaching a volume of 3,141 tons, despite a decrease in the import price by 3% to 593 yen (about 3.95 U.S. dollars) per kilogram. Conversely, imports from the United States experienced a double hit, with a 10% rise in price to 708 yen (about 4.71 U.S. dollars) per kilogram and a 17% drop in volume to 929 tons. This change is largely due to a slowdown in domestic demand for cod and a preference for imported products that can be frozen on board. This shift has resulted in a renewed interest in Russian products, highlighting a dynamic in market trends and consumer preferences.