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Over five years, supplies of Russian pollock products to the domestic market have increased 1.5 times - ADM

Sage
Meat
Market & Price Trends
Published Feb 22, 2024

Tridge summary

The Association of Pollock Harvesters (ADM) reports a 52% increase in the supply of Russian pollock products to the domestic market over the past five years, reaching 193 thousand tons by 2023. The domestic market's share in the catch has also risen from 15% in 2019 to 21%. The ADM predicts this could further increase to 35%, or up to 300-350 thousand tons of products. To boost consumption, the ADM has initiated the country’s first collective fish brand promotion program, 'Far Eastern Pollock'.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

At the end of 2023, they reached 193 thousand tons Over five years, the volume of supplies of Russian pollock products (including frozen pollock, fillet, minced meat and pollock surimi) to the domestic market increased by 52%, reaching 193 thousand tons by the end of 2023, or 12.2% of the total consumption of fish products in the Russian Federation . At the same time, the share of the domestic market in the catch reached 21% versus 15% in 2019. Such data is contained in the annual survey of the Association of Pollock Harvesters (ADM). “Today, Russian fishermen have completely satisfied the domestic market’s need for pollock: imports of pollock fillets in 2023 amounted to only 400 kg. By the way, this is 40.5 times less than ten years ago,” said ADM President Alexey Buglak. At the same time, the association believes that the share of pollock supplies to the domestic market in the catch may increase to 35% of the catch, or up to 300-350 thousand tons of products. “We know that there ...
Source: Specagro
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