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News - COMPANY UPDATE - Free - Leading Faroese producer of salmon boosting shipments to Russia

Leading Faroese producer of salmon boosting shipments to Russia / January 28, 2019 14:28

Leading Faroese salmon producer Bakkafrost has increased its sales of frozen salmon and trout to Russia, according to the customs records of the country.

In terms of volume, in the first nine months of 2018 the export of frozen Atlantic salmon and chilled salmon trout went up by nearly 13% from 8,741.90 metric tons to 9,849.57 metric tons as compared to the same period of 2017.

In terms of value, the increase was some 33%: from 67.35 million USD to 89.69 million USD which brought the company to the top1 importer in the period under analysis.

More details on the structure of the company’s Russian sales are given in the tables below.

Table 1. Dynamics of seafood shipments of Bakkafrost Sales P/F to Russia in January-September 2017-2018 by volume

Product

January-September 2018, metric tons

January-September 2017, metric tons

Dynamics, +/- %

Atlantic salmon Salmo salar, chilled head-on gutted

9,163.92

7,635.89

20.01%

Atlantic salmon Salmo salar, frozen bellies

6.37

284.62

-97.76%

Atlantic salmon Salmo salar, frozen bones/backbones

351.07

702.81

-50.05%

Atlantic salmon Salmo salar, frozen fillets

28.23

0.00

100.00%

Atlantic salmon Salmo salar, frozen head-on gutted

88.25

0.00

100.00%

Atlantic salmon Salmo salar, frozen meat

0.00

56.11

-100.00%

Atlantic salmon Salmo salar, frozen trimmings

18.33

62.48

-70.66%

Atlantic salmon Salmo salar, frozen trimmings

94.67

0.00

100.00%

Trout Oncohynchus mykiss, chilled head-on gutted

98.74

0.00

100.00%

TOTAL

9,849.57

8,741.90

12.67%

Table 2. Dynamics of seafood shipments of Bakkafrost Sales P/F to Russia in January-September 2017-2018 by value

Product

January-September 2018, mln USD

January-September 2017, mln USD

Dynamics, +/- %

Atlantic salmon Salmo salar chilled head-on gutted

87.25

65.02

34.18%

Atlantic salmon Salmo salar frozen bellies

0.02

1.19

-98.08%

Atlantic salmon Salmo salar frozen bones/backbones

0.65

0.93

-30.31%

Atlantic salmon Salmo salar frozen fillets

0.44

0.00

100.00%

Atlantic salmon Salmo salar frozen head-on gutted

0.56

0.00

100.00%

Atlantic salmon Salmo salar frozen meat

0.00

0.10

-100.00%

Atlantic salmon Salmo salar frozen trimmings

0.06

0.11

-48.10%

Atlantic salmon Salmo salar frozen trimmings

0.23

0.00

100.00%

Trout Oncohynchus mykiss chilled head-on gutted

0.48

0.00

100.00%

TOTAL

89.69

67.35

33.17%

Bakkafrost is the leading producer of top quality salmon from the Faroe Islands. It offers a wide range of salmon products from own facilities, according to the company.

Bakkafrost is one of the world's most vertically integrated salmon farming companies. Bakkafrost controls all aspects of production - from feed to finished value added products. This ensures traceability and consistent high quality.


Published by FISHNET.RU

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