Key Market Indicators
Russia's salmon import is forecast to drop by 7.1% year on year to reach $95.7 million in 2026 from $143.9 million in 2021. Since 2001, the market has grown by 0.8% year on year. Production of fish in Russia is estimated to reach 237,140 metric tons by 2026, up 2% annually from 207,500 metric tons in 2021. Since 1993, the country's supply has increased by 3.6% year on year. In 2021, Mexico overtook Russia with a production of 207,500 metric tons, while Indonesia, India, and Vietnam ranked 2nd, 3rd, and 4th, respectively. Consumption of fish in Russia is expected to decrease 1.7% year on year to 626,570 metric tons in 2026 from 682,560 metric tons in 2021. Since 2017, the demand has dropped by 3.5% year on year.
Russia Fish Farming Market Data and Forecasts
How much will Russia Fish Farming Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
An analysis of seasonal comprehensive and standard reports highlights several important trends in Vietnam's fishery industry. Predominantly, the industry continues to grow remarkably in its contribution to the national GDP. Notably, aquaculture - farming of fish, crustaceans, and aquatic plants, sees the fastest pace of growth. Also, the reports indicate...Read more
Over the years, there has been significant expansion in aquatic agriculture, driven by increasing global demand for seafood and the decline in capture fisheries. The industry has witnessed steady growth rates estimated to outpace the growth of land-based agriculture. Technological advancement and innovation within the sector, emphasizing sustainability, efficiency, and...Read more
The international exchange of fish and seafood goods is displaying an upward trajectory propelled by robust consumer demand. The significant role of globalization and technology advancements in transportation and preservation techniques have galvanized cross-border trade. Aquaculture, or fish farming, is emerging as a prosperous segment supplying a substantial portion of...Read more
At present, the global market of fish processing is underpinned by an escalating demand for processed fish products, largely due to enhancing health consciousness and a growing preference for ready-to-eat meals. It also benefits from consistent technological advancements which are largely focused on enhancing the efficiency and sustainability of fish...Read more