Fish industry news
On October 14, the All-Russian Research Institute of Fisheries and Oceanography (VNIRO) and its Atlantic branch held a video conference between experts from VNIRO and the Institute of Oceanography of Mozambique (OIM) in order to agree on a preliminary program of joint research in the Mozambique zone during the Great African Expedition 2024-2026.
Russia’s Pacific salmon catch 2024 is forecasted at ca.250-260 thousand metric tons, according to Ilya Shestakov, head of the Federal Agency for Fisheries (Rosrybolovstvo).
Mid-June trend on tilapia market in China
On June 1, salmon fishery took off in the Kamchatka Territory, a leading salmon production region in Russia.
PJSC INARСTIСA, the largest Russian company in the commercial aquaculture, announced audited financial results for the year 2023.
Laplandia Market, a Finnish hypermarket chain, is considering options for launching its own retail store in St. Petersburg for trading imported products and household goods.
Russia on holiday until 9 January 2024.
From January 1 to December 15, 2023, exports of fish and seafood from Russia amounted to 2.08 million metric tons, according to the customs statistics and the Rosselkhoznadzor's Argus information system.
The Russian Fishery Company team successfully competed in the nationwide final of the Professionals Championship, held from November 24 to 28 in St. Petersburg. RFC sailors participated in the Operation of Water Transport Vessels category among young specialists and secured bronze medals at the Championship.
For 10 months of 2023, the import of fish products to the Russian market reached 465 thousand tons worth $ 1.9 billion. In weight, imports are 26% higher year-on-year, and in money — by 15%, according to the Analytical Center of the Fish Union. This dynamic is mainly due to the effect of the low base last spring.
The Chinese authorities have allowed the supply of wild fish from Russia.
In January-September 2023 Russian finfish and other seafood imports jumped by 36% in value and 48% in volume year-on-year, according to the recent market analysis of Defa group – a fish and seafood supplier based in Saint Petersburg.
China’s General Customs Administration has expanded the list of Russian seafood entities approved for export to the country.
By October 3, 2023, the volume of Pacific salmon production in the Russian Far East exceeded 600 thousand metric tons — the catch has already surpassed the results of several recent years.
Rosselkhoznadzor and the Main Customs Administration of the People's Republic of China signed a protocol to expand the list of fish products that can be supplied from Russia to China.
Russia has noticeably increased supplies of surimi (raw material for crab sticks) to China and South Korea as a result of consumer saving trend. The USA is the leading supplier of surimi to Asia, but lower prices let Russia win some of its competitor’s market share.
By August 22, 2023, the Pacific salmon catch in Russia reached 545 thousand tons - 16.4% up on last odd year 2021 and 2.7 times fold on 2022. Last year by August 22 the Russian fishermen harvested 202.6 thousand tonnes of salmon.
In January-June 2023 Russian finfish and other seafood imports jumped by 54% year-on-year, both in value and in volume, according to the recent market analysis of Defa group – a fish and seafood supplier based in Saint Petersburg.
All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE) has completed the analysis of export supplies of Russian fish products in key markets in the first quarter of 2023.
By June 21, 2023, the total catch of Pacific salmons in the Far East exceeded 3.6 thousand metric tons, plus 43% on the corresponding result of the odd year 2021.