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Restaurants are switching to Russian salmon

Published Apr 3, 2024

Tridge summary

The Russian restaurant and salmon production sectors have undergone significant changes, with a notable shift towards domestic sourcing and vertical integration. The cessation of salmon shipments from the Faroe Islands prompted Russian Japanese restaurant chains like TanukiFamily to source salmon locally from Inarctica in Murmansk, leading to a decrease in import dependency from over 90% in 2018 to 55% in 2023. This move has not only ensured a steady supply of fresh salmon but also fostered a preference among Russian consumers for locally sourced fish. Additionally, Russian salmon producers are now investing in related sectors such as feed and smolt production, aiming for a vertically integrated production system that is expected to maintain or slightly increase salmon and trout production volumes in 2024. This strategic shift reflects a broader trend towards self-sufficiency and quality control in the Russian salmon market, despite the continued need for imports to meet demand and foster competition.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Interruptions in the supply of salmon are one of the key problems for the Russian restaurant business, and for Japanese restaurants it is especially acute, because salmon is one of the main ingredients in their menu. TanukiFamily (restaurants Tanuki, Kaspiyka, Ruff and Your Pizza) previously purchased salmon from producers from the Faroe Islands, who suspended shipments of their products to Russia. As a result, the company found a replacement in Murmansk: the manufacturer Inarctica grows salmon and sea trout in conditions as close as possible to natural ones - in the clean waters of the Barents Sea, TanukiFamily told Agroinvestor. The transition to supplies from Murmansk solved several problems at once: restaurants receive fresh product, since delivery takes only three days, it is possible to control the quality and volume of supplies. “In general, the quality of domestic fish is at the highest level and benefits from speed of delivery and freshness,” noted TanukiFamily General ...
Source: AgroInvestor
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