Russia's fishing industry has experienced consistent growth since 2004, reaching a record catch of 5 million tons in 2021, thanks to successful salmon fishing and high yields in the Iwasi sardine and pollock fisheries. The investment quota program has resulted in the construction of 105 vessels and 25 fish processing plants. Aquaculture production has more than doubled from 188.5 thousand tons in 2013 to 402 thousand tons in 2024, with salmon production increasing fourfold, reducing the need for trout and salmon imports. The production of valuable seafood by domestic marifarmers has also increased fivefold since 2018, reaching 84 thousand tons.
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“The record was facilitated by good salmon fishing and high performance in the Iwasi sardine and pollock fisheries,” he explained. Shestakov recalled that after the collapse of the Soviet Union, starting in 1993, the industry began to rapidly collapse. But since 2004, measures began to be taken that made it possible to stabilize the situation in the industry, and since then there has been steady growth. In particular, thanks to the investment quota program, 105 vessels (64 fishing vessels and 41 crabbers) are now being built in the country and 25 fish processing plants are operating. As part of the second stage of the investment quota program, in addition to ships and factories (46 ships and 11 factories), it is planned to create logistics complexes. Aquaculture production has also increased significantly in Russia. After the adoption of the law on aquaculture (in 2013), by 2024 the volume of its production more than doubled: from 188.5 thousand tons to 402 thousand tons of ...
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