News - market
Herring is one of Russia’s most popular fish species enjoying steady and strong demand. Experts of the Russian Agricultural Bank studied herring production and consumption in Russia, as well as its export potential on the world market.
It is possible to single out several events or trends that have a significant impact on the Russian pollock industry, according to Alexey Buglak, president of Pollock Catchers Association, interviewed by Fishnews.
A significant part of Russian crab exports has been redistributed to Asian markets after the US market closed, an analysis of the Fishery Shipowners Association of (FSA) showed. According to the data of national government statistics, for the three quarters of 2022, China, South Korea and Japan increased crab imports from Russia by 7.6 thousand tons (+28%), which compensates for the drop in volumes by 2/3.
Fish from the Murmansk region may be delivered to the Middle East. This possibility is being discussed by experts of the Chamber of Commerce and Industry of the region. Additionally, they plan to change the logistics of supplies for the exporting enterprises, according to Izvestia.
For the nine months of 2022 total imports decreased in relation to the nine months of 2021, both in value and in absolute terms by 23% and 40%, respectively. The volume of imports decreased by 157 thousand tons and amounted to 237 thousand tons. The decrease is observed in all groups with the exception of finished fish products. The maximum reduction in value is recorded by surimi, according to Defa Group.
Russia’s fish exports in physical terms have increased by 7.4% since 2016, while in value terms – by 77%, to $ 6.6 billion, according to Russia’s Federal Fisheries Agency.
Russian Crab Group, the largest crab harvesting company in the Far East, participated in the 39th Saudi Agriculture-2022 International Agro-Industrial Exhibition, which was held in Riyadh from October 17th to 20th, according to the company.
With a total production of almost 98.000 tonnes in 2020, the EU-27 was the world’s fifth largest producer (2% of total volumes), according to EUMOFA.
For 4 months of 2022, the export of Russian fish products, according to preliminary data from Rosstat, increased in monetary terms by 30.8% and reached $ 1.9 billion.
Almost 24 thousand metric tons of seaweed and 17.7 thousand tonnes of scallops were grown by companies based in Primorsky Krai (capital Vladivostok) in 2021. Due to the unfavorable pandemic situation, seafood exports are reoriented to South Korea, reports Megafishnet.com.
Russian veterinary watchdog Rosselkhoznadzor is actively involved in the process of opening new markets for the supply of Russian products of animal origin. In 2021, 36 types of controlled goods from Russia, including meat and dairy products, feed, non-food products, and live animals, were granted the right to be exported to the markets of 17 foreign countries, reports Megafishnet.com.
In 2021 fish exports to China are estimated to amount ca.259.56 thousand tons, almost 73% down year-on-year (971.46 thousand tons), reports Megafishnet.com.
Headed Alaska pollock, large herring 300+ and herring fillets remained in short supply as per mid-November 2021, reports Megafishnet.com.
After a long period when China refused to import Russian fish and seafood due to the coronavirus, supplies to this country have finally almost recovered to pandemic levels, reports Megafishnet.com.
Through the first nine months of 2021 fish and seafood exports from Kamchatka jumped three times year-on-year and approximated 105 thousand metric tons, reports Megafishnet.com.
The Eurasian Economic Commission has amended its legislation towards the Union’s switch to electronic veterinary certificates, reports Megafishnet.com.
The government of Russia is going to form an integral system of wholesale food markets, rendering the entire range of services for acceptance, packaging and sale of products. The concept of this sector’s development was approved by Prime Minister Mikhail Mishustin by the order No.2689-r dated September 27, reports Megafishnet.com.
In the second half of September 2021 the Russian producers dramatically increased their prices for frozen pink salmon roe from the new season. Quite expectedly, the sellers again commanded very tight prices, showing no willingness to lower prices for the Japanese and other buyers, reports Megafishnet.com.
According to Rosstat, in August 2021 Russia produced 378 thousand metric tons of frozen fish, 17.3% more year-on-year, but 6.4% less than in July 2021. During the first eight months of 2021, the nation’s total frozen fish output amounted to 2.1 million tonnes, 1.7% less YOY, reports MegaFishnet.com.
On the eve of September, the preseason trends of the wholesale market for salmon and trout in Moscow are still in the making as chilled and frozen products are competing for shares, reports Megafishnet.com.