Trout sales in the Russian Federation increased by almost a third last year

Fresh Trout

Seafood

Market & Price Trends

Published Mar 29, 2024

Tridge summary

In Russia, the demand for trout is surging, with sales showing significant increases in both monetary terms and weight, making it a popular and more affordable alternative to salmon. This trend is part of a larger shift towards chilled and defrosted fish, moving away from frozen trout, and an increased interest in ready-to-cook fish products. Despite market fluctuations, the prices for salmon and trout have remained stable in 2023, with no expected sharp increases in 2024, thanks to the growth in domestic aquaculture and the recovery of imports. The production of domestic aquaculture salmon and trout, especially in regions like Murmansk and Karelia, along with imports from countries such as Turkey and Armenia, have significantly contributed to this trend, making trout a favored choice due to its affordability and quality similar to salmon.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Russians prefer chilled red fish Trout is increasingly competing with salmon on Russian tables. Last year, its sales increased by 30% in monetary terms and by 25% in weight compared to 2022, the Fish Union said. Russians prefer chilled red fish. Trout is grown in the European part of the country; it can be delivered to the consumer quickly. In addition, trout is cheaper than salmon, but is not inferior in quality to it. Trout sales in 2023 increased by 60% in monetary terms and by 55% in weight compared to the 2021 level, the Union Analytical Center calculated based on data from eight federal retail chains. First of all, the share of chilled and defrosted fish is growing, sales of which in monetary terms increased by 80% compared to the 2022 level and 120% compared to the 2021 level. Even conservative buyers are gradually abandoning their consumer habits, as evidenced by a decline in sales of frozen trout in monetary terms by 10% by 2022 and by 20% by 2021. At the same time, ...

Source: Specagro