Tridge summary
The cost structure of fish products in recirculating aquaculture systems is heavily influenced by feed costs, which constitute nearly 50% of expenses, compared to 26% in pond farms, as reported by the State Fisheries Agency. Of the fish feed, 42% is imported, 20% is domestically produced in Ukraine, and the rest is derived from grain waste and grain for carp species. In 2023, imported feed was predominantly used for carp (31%) and salmon (30%), with sturgeon and catfish species using 21% and 19% respectively. On a global scale, fish feed production surpasses 1.2 billion tons, with the top 10 producing countries, led by China, accounting for 64% of this output.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In the structure of the cost of fish products grown in recirculating aquaculture systems, feed occupies almost 50%, in pond farms - 26%. This was reported by the State Fisheries Agency, ProAgro Group reports with reference to AgroTimes. At the same time, 42% of compound feed for fish is imported, about 20% is produced in Ukraine, and the rest is feeding carp species of fish with grain waste and grain. During 2023, imported feed in domestic aquaculture was mostly used for carp (31%) and salmon species (30%). Another 21% was spent on sturgeon, 19% on catfish species. In general, the world production of fish feed reaches more than 1.2 billion. tons So, last year, ...
Source: Agravery
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.