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Market News

Yield of Fish and Seafood Was Increasing in Russia

According to BusinesStat estimates, during the period from 2006 to 2009 the yield of fish and seafood was increasing in Russia annually. The situation in 2008 was the only exception when the yield decreased by 2.5%, i.e. 85 thousand tons, compared to 2007. In 2009, the yield of fish and seafood amounted to 3.7 million tons, which is 12% more than in 2008. The considerable growth was provided by the record fish catch of salmonids, i.e. 550 thousand tons,which is 271 thousand tons more than in 2008.

The biggest share of the fish yield belongs to the gadidae family, in particular to Alaska pollock. In 2009, was caught 1271 thousand tons of Alaska pollock which is 35.4% of the whole fish catch. 15.3% of the yield fell on the salmonids. The catch of herring amounted to 391 thousand tons or 10.9% of the total volume of yield.

From 2006 to 2008 the sales of fish and seafood go up by 7.5% in Russia. In 2009, the market volume declined by 7% in comparison with 2008 but in 2010 the sales shrank by 11%  further and totaled 3.2 million tons. From 2011 the sales volume of fish and seafood will be increasing and it will have amounted to 3.7 million tons by 2015. The wholesale and retail trade turnover is directly connected with the customer demand, which in its turn, is increasing against the backdrop of the growth of yield and switch from the consumption of expensive meat to less expensive and more healthful fish. The growth of demand is explained by the popularization of healthy eating. In the nearest future the sales of chilled fish will increase considerably in the regions where the restaurants of Japanese food are developing dynamically.

Each resident of Russia consumes about 22 kilograms of fish and seafood on average. However an average European eats more than 30 kilograms per year and a Japanese more than 60 kilograms.

The Sales Volume of Fish and Seafood in the World is Steadily Growing

According to BusinesStat estimates, the sales volume of fish and seafood in the world is steadily growing. The situation in 2007 was the only exception, when the market shrank by 2.3%.  On the whole, in 2006-2010, the sales volume went up by 1.7%: from 145.7 to 148.2 million tons. The highest growth in sales, compared to the previous year, was registered in 2009, and it amounted to 2.6%. In 2011-2015, the sales volume of fish and seafood is expected to increase on the average by 1.5% annually. In 2015, the sales volume of fish and seafood in the world will reach 160.4 million tons.

In 2010, almost 79% (116.5 million tons) of the fish produce was used as foodstuff, and the other part (31.8 million tons) was produced for non-food consumption: in the manufacture of fish meal, cold-liver oil, glue, in the pharmaceutics, as raw material in the preparation of feeding-stuffs for fish farms, and also for fur farming.

On the average, 17 kilograms of the fish products per capita are consumed in the world. In 2006-2010, the per capita consumption of fish and seafood in the world increased insignificantly: from 16.9 kilograms per annum to 17.1 kilograms per annum. The consumption growth is primarily connected with the development of the fishing industry, that is with the fish and sea food rearing. In the long term the volume of fish, captured in the fish breeding sector may exceed the fishing volume. In 2010, the leading consumers of fish and seafood per capita were Iceland (90.6 kilograms per annum), Korea (60.5 kilograms per annum), and Malaysia (59.2 kilograms per annum).

In 2011-2015, the world consumption volume of fish and seafood per capita will continue to increase. In 2015, it will amount to 17.3 kilograms per annum.

In 2010, the production volume of fish and seafood equaled around 148 million tons, 68% of which were fished out in the sea waters and 32% in the inland waters.  The leading domestic producers were China, India, Peru and Indonesia. China is still one of the largest manufacturers of fish and sea products in the world. In 2010, the production volume of fish and seafood in China amounted to 50 million tons.

The most popular species in the fishing are: dark anchovy, walleye pollack, Atlantic herring, skipjack tuna, chub mackerel, scabbard fish, Argentine short-fin squid, Chilean mackerel, Pacific anchovy, and pilchard. In 2006-2010, the total share of ten main species of the world’s production volume changed insignificantly, it was fluctuating between 24% and 26%.