The Russian Seafood Industry: Navigating a new landscape

Russia’s seafood sector is complex, but as with any seafood producing nation, two key factors frequently come into play in shaping the production landscape: politics and finance.

In 2015 Russia’s seafood sector was heavily influenced by its ban on imports of fish and seafood from the EU, United States, Canada, Norway and Australia, imposed in August 2014, and from Iceland, imposed in August 2015, as well as the low rate of the Russian ruble against the Euro and US dollar.

These sanctions led to a sharp decrease in Russian seafood imports which fell almost 39 percent from January through October 2015, with import value plummeting by almost half to $981 million, according to Russia’s federal statistics service Rosstat.

Today the structure of Russia’s seafood importers is markedly different, and the knock-on for key species and the country’s producers has seen a notable shift in the landscape.

Includes:

• Trends affecting the market: economy, politics, sales channels.

• Key statistics: seafood production by volume, value and species; imports by volume, value and species; exports by volume, value and species; top importers by volume and value; top export markets by volume and value.

• Twenty of the biggest seafood companies in Russia, listing company name, contact details, species, quotas, sales channels and background information.

IntraFish’s Russian Seafood report drills down on the politics, economics, trends, trade, species and companies shaping the sector and is a must-read for anyone selling to, buying from, competing with or looking to invest in the Russian seafood industry.

Written by a Russian journalist based in Moscow exclusively for IntraFish this report gives inside information, statistics and company insight you won’t find anywhere else.

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