Fishmeal exports increase
Industry Economic
May 6th, 2024
Fishmeal showed an increase in export prices compared to 2022 against the backdrop of a general decline in export prices for fish products. If the average estimated price of a ton of fish products as a whole decreased by 11.7%, then a ton of fishmeal increased in price by 1.1%. Over the year, fishmeal exports in monetary terms increased by 13.9% with a volume increase of 12.6%.
Over the five years since 2018, fishmeal production in Russia has increased one and a half times (from 116.5 to 174.1 thousand tons) with an average annual growth rate of 8.4%. The increase by 2022 was 7.9%.
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