Displaying items by tag: economy

Friday, 09 August 2019 08:55

Turkish aquaculture exports increase

EM4 19 News Int DSC9330 1 copy copyTurkeys aquaculture exports during this season reached $582.2 million, a 9 percent increase compared to the same period last year according to the Eastern Black Sea Exports Association. Some 118,954 tonnes of aquaculture products were exported between September 1 and April 15, 2019.The Netherlands, Japan and Italy were the leading export destinations for frozen fish fillets from Turkey

Published in Latest News

Estonia’s economy has grown 4.5% in the first quarter of 2019 with a new GDP totaling €6.7 billion. The country’s economic growth has been broad based with expansion of the fishing sector among the contributors to the improving economy.  The exports of goods, which grew by 9.6% in the first quarter, the fastest pace recoded in the past two years, is one of the biggest contributors to the country’s healthy economy.

Fish processing continues to be a notable industry in Estonia. In 2017 Estonia processed 51876 tones of fish, mainly frozen saltwater fish but also fish fillets in batter, and canned sardines, sardinella, brisling and sprats. Exports totaled €146 million with the largest markets in Ukraine, Belarus, Denmark and Finland.  In 2017 approximately 5% of Estonia’s aquaculture production was exported. The species responsible for this exportation were mainly European eel, rainbow trout and European crayfish.

Published in Latest News

CEM3 19 TM Russia consumption DSC 9060onsumer survey yields vital insights in consumer habits

The second Global Fishery Forum, which was held on 13-15 September 2018 in St. Petersburg, Russia, offered an extensive programme covering various emerging topics from global fishing activities and projections for 2050, development of aquaculture, global consumer markets, technologies, and popularisation of Russian fish products.

During the second day of the Global Fishery Forum, the conference “Russian fish: a strategy for promoting Russian fish on the Russian market”, gathered experts for discussion on how to increase fish consumption. The main questions looked at understanding what Russian consumers eat and what producers are offering them, consumer awareness and the role of mass-media in this process, what can be done to stimulate consumer demand on the market, and opportunities for retail chains to increase consumption of fisheries products in the country.   

Herring is the most-consumed fish in Russia

In 2016, consumption of fish and seafood products in Russia was at 21.1 kg per capita (live weight equivalent), according to the research carried out by the All-Russian Association of Fish Breeders, Entrepreneurs and Exporters (VARPE). The market size was estimated at more than 3 million tonnes of fisheries products. Herring was the leading species with 2.81 kg per capita consumption, followed by salmon species (2.73 kg per capita), Alaska pollock (2.59 kg per capita), cod (2 kg per capita) and mackerel (1.9 kg per capita). These 5 top species make up 12 kg per capita or more than 56% of all fish and seafood products in the country. Consumption of squid, shrimp and crab was about 0.6, 0.25 and 0.14 kg per capita respectively, representing about 5% of the total fish and seafood consumption in the country. 

Published in Trade and Markets