Russian pollock season ends, surimi production up 40%

Published 2024년 4월 15일

Tridge summary

The Russian Federal Fisheries Agency has reported a notable increase in pollock catch in the Far East, with a 6% rise year-on-year, reaching 1 million tons. This growth is echoed by the Russian Pollock Fishing Association, which observed a 3.2% increase in its members' catch. Overall, Russia's fishery catch has grown by 2% year-on-year as of April 10, totaling 1.6 million tons, with the Far East's contribution marking a 12% increase to 1.32 million tons. Despite these positive trends, local pollock prices have dropped due to the surge in production. In an effort to capitalize on market opportunities, Russia is aiming to increase its surimi production by 40% from the current 30,000 tons, with an anticipated rise to 41,000 tons in 2024, driven by growing interest from the Chinese market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Statistics from the Russian Federal Fisheries Agency (Rosrybolovstvo) show that the catch of pollock in the Far East (mainly the Sea of Okhotsk, but also the Bering Sea) reached 1 million tons, a year-on-year increase of 6%. Alexey Buglak of the Russian Pollock Fishing Association (PCA) said in a statement: "The catch in the A quarter (PCA member units) exceeded 830,000 tons, an increase of 3.2% over last year. In the peak fishing season, as many as 115 fishing vessels went out to sea, with a daily catch of more than 10,000 tons." In the Sea of Okhotsk, the utilization rate of pollock quotas is around 87%, and the remaining quota in the B quarter is 90,000-100,000 tons. If the annual quota completion rate is 98-99%, the total PCA output will be around 950,000 tons. Last year, Russia's pollock catch reached 1.96 million tons, setting a record high in nearly 25 years. This year's increase in pollock production has led to an increase in the overall catch of Russian fisheries. As of ...

Source: Foodmate