Russia can increase supplies of fish products to Ecuador

Published Jun 27, 2024

Tridge summary

Ecuador is set to increase its fish product supplies, particularly brine shrimp, due to increased production and inspection of Russian enterprises by Ecuadorian representatives. Currently, Ecuador accounts for about 13% of Russia's total artemia supplies. The Ecuadorian market's total capacity is approximately 350 tons of Artemia cysts per year, with the United States providing the majority of supplies. However, Russia's share is expected to grow due to Ecuador's plans to dominate the global shrimp sector by 2030 and Russia's increasing production of fishmeal and fish oil.

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Original content

Supplies of fish products to Ecuador may increase, in particular due to increased supplies of brine shrimp from Russia, which is used as feed for growing crustaceans. The All-Russian Association of Fishing Industry (VARPE) told TASS about this. "In mid-June, representatives of the Secretariat for Quality and Safety of the Ministry of Industry, Foreign Trade, Investment and Fisheries of Ecuador completed a working visit to Russia. Its main purpose was to inspect enterprises producing artemia, eggs of branchial crustaceans, used as feed primarily for growing crustaceans. They will be able to continue supplying the Ecuadorian market,” the statement said. According to the association, Ecuador now accounts for about 13% (132.2 tons) of the total volume of external supplies of Russian artemia. “The total capacity of the Ecuadorian market is about 350 tons of Artemia cysts per year, the main volume of supplies is provided by the United States, Russia’s share is about a third,” the VARPE ...

Source: Kvedomosti