Canned fish prices will increase by 25% for the New Year

According to the newspaper, the Baltic Coast will increase sales prices on 16 items, from 3% to 25%. For example, herring fillets will become more expensive by 10%, and beer fish sets, mussels in oil and brine, chopped squid and seafood pasta by 20%. The other companies did not respond to Kommersant’s request.

According to the State Unitary Enterprise “Natsrybresurs”, the pace of growth of consumer prices for frozen whole fish on average across the country is accelerating, having increased by 14.4% since the beginning of this year and by 1.1% during the week. At the same time, the average price of red caviar in the period from December 1 to December 13 reached almost 10 thousand rubles per 1 kg, having increased by 36% year-on-year due to the depletion of last year’s stocks and limited catches of salmon from this year. year.

In 2024, catches of pink salmon, mackerel, Pacific and Atlantic raw materials, cod and herring also decreased. The executive director of the Rusbrand Association, Alexey Popovichev, noted that even with an increase in prices for canned fish, its supply will not decrease due to the sustainability of a regular audience for this type of products.

As Fisheries Union analysts found out at the end of October, the volume of fish production in Russia in the period January-September 2024 amounted to 3.26 million tons, which is 5% less than in the same period last year. The biggest drop at that time was shown by the frozen fish production segment, whose catches fell to 2.1 million tons, 12% less than in the same period last year.

According to the president of the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE), German Zverev, although the Russian market is fully supplied with all types of fish products, the national fishing industry “is on the verge of a full-scale crisis.” due to increasing tax burden, business costs from rising wage rates, key rate growth, accounts payable and servicing existing loans.

It should be noted that the increase in the official interest rate by the Central Bank will lead to additional costs in 2025 in the amount of up to 85 billion rubles.