News

Russian suppliers of red caviar want to raise prices for it

Caviar
Russia
Published Jan 15, 2022

Tridge summary

Suppliers of red caviar sent retailers applications for a significant increase in prices for their products, Vedomosti reported, citing employees of four large retailers. According to one of them, we are talking about an increase in the cost of 7-17%, the other spoke about a price increase of 10% for low-cost items and 20-30% for premium items. Suppliers explain their request by a shortage of caviar on the market due to an increase in exports against the backdrop of an unsuccessful salmon season in some Asian countries, as well as an increase in logistics costs, the newspaper writes. According to the Federal Agency for Fishery, in Russia, the salmon fishing season in 2021 was successful: 540 thousand tons of salmon were caught, which became one of the best production figures in the history of fishing. This made it possible to double the production of salmon caviar, up to 22.6 thousand tons. In 2020, its production amounted to 11.2 thousand tons. The All-Russian Association of Fishermen estimates the needs of the Russian market for red caviar at the level of 14-18 thousand. ..

Original content

Suppliers of red caviar sent retailers applications for a significant increase in prices for their products, Vedomosti reported, citing employees of four large retailers. According to one of them, we are talking about an increase in the cost of 7-17%, the other spoke about a price increase of 10% for low-cost items and 20-30% for premium items. Suppliers explain their request by a shortage of caviar on the market due to an increase in exports against the backdrop of an unsuccessful salmon season in some Asian countries, as well as an increase in logistics costs, the newspaper writes. According to the Federal Agency for Fishery, in Russia, the salmon fishing season in 2021 was successful: 540 thousand tons of salmon were caught, which became one of the best production figures in the history of fishing. This made it possible to double the production of salmon caviar, up to 22.6 thousand tons. In 2020, its production amounted to 11.2 thousand tons. RBC reported on a significant ...
Source: AgroInvestor
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