Business in Russia
  • Space
  • Agribusiness
  • Car industry
  • New projects
  • Biggest enterprise
  • Infrastructure
  • Digital
  • Oil, gas
  • Real Estate
  • Small business
  • Stories
No Result
View All Result
SUBSCRIBE
Business in Russia
  • Space
  • Agribusiness
  • Car industry
  • New projects
  • Biggest enterprise
  • Infrastructure
  • Digital
  • Oil, gas
  • Real Estate
  • Small business
  • Stories
No Result
View All Result
Business in Russia
No Result
View All Result
Home Agribusiness

Analysts predict Russia to be the world leader in Atlantic cod production

admin by admin
in Agribusiness
Analysts predict Russia to be the world leader in Atlantic cod production
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Results of the 6th Agro-Industrial Forum “Saratov-Agro. 2023″

In the Ivanovo region, the production of vegetables in greenhouses is being developed

Agricultural organizations of Tatarstan increased daily milk yield to 4.5 thousand tons

Experts from the Food and Agriculture Organization of the United Nations (FAO) predict a drop in Atlantic cod production worldwide in 2023 to a record low of 1 million tons. The reduction in the volume of fishing by the world’s leading fish producers may lead to Russia becoming the leader in the production of this type of fish, according to the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE).

Thus, according to analysts, in 2023, cod production in Norway will decrease by 100 thousand tons and amount to only 278 thousand tons. A 10% reduction in cod production in Iceland is expected – up to 209 thousand tons.

The reduction in cod production in Russia is expected to be the same. In 2022, Russian fishermen caught 340 thousand tons of this type of fish. In 2023, the production level is expected to decrease to 306 thousand tons. Thus, by the end of 2023, the country may take the position of the largest producer of Atlantic cod in the world, commented German Zverev, President of the WARPE.

“However, one must take into account the fact that the cod market is an integral part of the global whitefish market. This segment includes both wild fish (cod, pollock, hake) and aquaculture (pangasius and tilapia). In addition to the physical volume of supply, the market position of each country is influenced by the methods of production of products from the corresponding fish species and channels for its promotion. Based on the combination of these factors, Norway still has the strongest market position,” German Zverev commented.

According to the head of the WARPE, Russia has good chances to strengthen its presence in the world market for white fish. “In general, supply fluctuations within the white fish segment simply increase market competition between substitute products for one food category – fish,” he explained.

Reducing the supply of cod on the world market will lead to an increase in prices for this type of fish. According to FAO forecasts, cod prices will rise throughout the year. This may lead to a reorientation of consumer demand for cheaper products from pollock, pangasius and tilapia. At the same time, salted cod importers will be willing to pay “any price” to ensure supplies to the market.

Full version on the website Analysts predict Russia to be the world leader in the production of Atlantic cod

Tags: Agribusinessapk-news.ru
Share30Tweet19

Recommended For You

Results of the 6th Agro-Industrial Forum “Saratov-Agro. 2023″

by admin
0
 Results of the 6th Agro-Industrial Forum “Saratov-Agro.  2023"

16 and 17 February in Saratov in the Historical Park "Russia - My History" was held the 6th Agro-Industrial Forum "SARATOV-AGRO. 2023". The organizer of the event is...

Read more

In the Ivanovo region, the production of vegetables in greenhouses is being developed

by Business in Russia
0
In the Ivanovo region, the production of vegetables in greenhouses is being developed

In 2022, an investment project to expand the complex for growing greenhouse crops in Ivanovo was implemented at the Rodina agricultural enterprise using state support measures. On Thursday,...

Read more

Agricultural organizations of Tatarstan increased daily milk yield to 4.5 thousand tons

by Business in Russia
0
Agricultural organizations of Tatarstan increased daily milk yield to 4.5 thousand tons

According to the operational information of the regional Ministry of Agriculture and Food, as of March 17, in the agricultural organizations of Tatarstan, the gross daily milk yield...

Read more

In the Kurgan region for the week, fresh cucumbers fell by 15.8%

by Business in Russia
0
In the Kurgan region for the week, fresh cucumbers fell by 15.8%

For the week from February 27 to March 6 in the Kurgan region, fresh cucumbers fell in price by 15.8% (to 211.3 rubles / kg), follows from the...

Read more

Putin said that Western countries will have to buy turnips in Russia

by Business in Russia
0
Putin said that Western countries will have to buy turnips in Russia

Westerners will have to travel to Russia even for turnips due to low harvest rates in the European Union (EU), Russian President Vladimir Putin said during a speech...

Read more
Please login to join discussion

Browse by Category

  • Agribusiness
  • Biggest enterprise
  • Car industry
  • Digital
  • Infrastructure
  • New projects
  • Oil, gas
  • Real Estate
  • Small business
  • Space
  • Stories

BROWSE BY TAG

Agribusiness apk-news.ru Biggest enterprise Car industry Digital gas Infrastructure New project New projects Oil Real Estate Small business Space Stories

CATEGORIES

  • Agribusiness
  • Biggest enterprise
  • Car industry
  • Digital
  • Infrastructure
  • New projects
  • Oil, gas
  • Real Estate
  • Small business
  • Space
  • Stories

RECENT POSTS

  • Interior Minister Kolokoltsev: Russia has extended the validity of some driver’s licenses for 3 years
  • Banks began to accept applications for “Family Mortgage” for secondary housing
  • Dentists explain why some people’s teeth exploded in the 1800s

© 2022 Business in Russia

No Result
View All Result
  • Home
  • Space
  • Agribusiness
  • Car industry
  • New projects
  • Biggest enterprise
  • Infrastructure
  • Digital
  • Oil, gas
  • Real Estate
  • Small business
  • Stories

© 2022 Business in Russia

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?