Russia: New vessels will be able to supply fishmeal to China

“The inclusion of vessels built under investment quotas in the list of fishmeal suppliers to China has eliminated the non-tariff barrier for the supply of this product from new capacities to the key market. This is the result of the systematic work of the Ministry of Agriculture and Rosselkhoznadzor in developing fish product exports,” said ASRF President Alexey Osintsev. Recall that Russian fishermen are actively increasing their production of fishmeal. ASRF analysis showed that over the five years from 2018 to 2023, its production in Russia increased by one and a half times (from 116.5 to 174.1 thousand tons) with an average annual growth rate of 8.4%. According to expert forecasts, by the end of 2024, compared to 2023, production will grow by another 11% - to 193 ...