According to experts, global fish consumption is growing annually, so Russia, as an exporting country, may be interested in increasing production rates.
Analysts note that global fish consumption is growing by approximately 3% annually, a relatively high rate.
This means that by 2030, global consumption of this product could increase by approximately 40 million tons compared to current levels, a significant increase.
Experts believe that the increased demand for fish among populations around the world is driven by several factors, including rising living standards and the popularity of healthy eating.
This increased consumption, in turn, poses a serious challenge for the fishing industry, as it presents it with the difficult task of increasing production without causing environmental damage.
Fish resources are finite, so a sharp increase in catch carries the risk of undermining the population base, experts note.
In pursuing this path, they believe it’s crucial to combat illegal fishing. The people and companies involved not only undermine the fisheries base but also fail to report their actions. This makes it more difficult for analysts to understand which resources are being overexploited and which, conversely, underexploited.
Creating a unified, publicly accessible system that captures all fish catch data would greatly assist in monitoring fish populations and preventing local, and especially global, overfishing.
As for Russia, a country surrounded by sea on virtually all sides, it has ample opportunity to increase fish production, experts say.
However, to achieve this, experts believe, fishing efficiency, as well as processing efficiency, must be improved.
Increasing the profitability of fishing enterprises is not an easy task and requires significant investment. Following this path, Russia could significantly strengthen its position in the global fish market, while also increasing its self-sufficiency and improving the quality of products on store shelves.
At the same time, some regions of Russia, such as the Arkhangelsk Region, have traditionally been leaders in fish production, and this industry is systemically important for them.
Experts believe that Russia’s northern ports play a key role in ensuring the active and uninterrupted supply of this product throughout Russia.