Russia's seafood market gearing up to make another big leap: OUTPUT FOR HUMAN CONSUMPTION
According to ROSSTAT, during the period from 1991-2005 the Russian fish industry saw a reduction of the output for human consumption by 23 % from 3 675 000 metric tons to 2 989 000 tons. Some 30-35% was exported with the rest going to the domestic market. However, since 2003 there has been a steady increase and it is projected that in 2009 the output recorded in 1991 would be exceeded.
In 2005 the specific weight of fish products for human consumption (without canned fish) was equal to 93.14%. At the same time the share of fish fillets and prepared fish (smoked, dried, marinated and salted) in the general structure of seafood production in Russia in 2005 was equal to no more than 6 %.
Name | Volume | 2003 fact | 2004 fact | 2005 fact | 2006 estimate | 2007 forecast | 2008 forecast | 2009 forecast |
Market output of fish products for human consumption, including canned fish | Thousand metric tons | 2 384 | 2 786 | 2 989 | 3289 | 3 387 | 3 557 | 3 770 |
Meanwhile the canned fish output has somewhat declined in the last few years while the industrial production has displayed a degree of an upward trend with the both items more positive in the outlook.
Name | Unit | 2005 fact | 2006 estimate | 2007 forecast | 2008 forecast | 2009 forecast |
Market output of fish products for human consumption, including canned fish | Thousand tonnes | 2 989 | 3 289 | 3 387 | 3 557 | 3 770 |
Seafood production other than canned | Thousand tonnes | 2 784 | 2 722 | 2 834 | 2 948 | 3 101 |
Canned fish | Million nominal cans | 580 | 567 | 553 | 609 | 669 |
Total output of industrial fish products, of which: | Thousand tonnes | 85 | 110 | 140 | 165 | 185 |
Fishmeal | Thousand tonnes | 59 | 60 | 75 | 90 | 105 |
Fish and feed farce | Thousand tonnes | 21 | 45 | 59 | 68 | 72 |
Other production, non-food | Million nominal cans | 5 | 5 | 6 | 7 | 8 |
Volume of commercial output | million RUR | 86 207 | 105 250 | 121 995 | 145 559 | 170 031 |
Investments into the main capital | million RUR | 3 743 | 5 880 | 13 569 | 18 029 | 23 402 |
Financial result | million RUR | 3 470 | 4 868 | 7 975 | 12 258 | 17 439 |
In 2005 the main role in the production output was played by live, fresh-frozen fish and herring, their share in general volume in 2005 amounting to 2 484 000 tons, or 87 % in the total. Fresh-frozen fish accounted for 1 817 000 tons or 62%; herring for 402 000 tons or 14%; Live fish for 265 000 tons or 9%.
In 2005 average annual growth rate for these groups of fish products was equal to 7.43 %, the most significant growth was shown by fresh-frozen fish (without herring) - 12.1% or by 218 000 tons.
As regards the structure of Russian fishery output for human consumption (without canned fish), 64 % are contributed by Russian Far East Basin (Vladivostok, etc), 23 % by North Basin (Murmansk, etc.), 11 % by Kaliningrad Region and 2 % by Saint Petersburg and the surrounding Leningrad region.
In terms of canned fish products, 48 % come from Kaliningrad Region, 25 % from the Russian Far East, 16 % from North Basin and 11 % from Saint Petersburg and Leningrad region.
Meanwhile, according to Norge-Fish analysts, the growth of incomes is expected to boost the demand for convenient products with the growth of production of smoked fish, dry-cured fish, smoked loins, cookery, spicy and marinated fish in 2010 being projected to hit at least 2.5 times in comparison with 2006. Besides, non-finfish production volume should increase by 220% due to projected advance in squid and seaweed harvesting.
In fact, currently the Russian fish industry has overcome the decline in production and now the sector is urging the government to create conditions for modernization of the fish-processing facilities, complex implementation of innovative production technologies and enlargement of the range of high quality fish products meeting international standards.