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Stagnant Years in Russia: Maximum Red Caviar Production Observed Since 2010

Russia's salmon caviar production skyrocketed in the first ten months of 2023, nearly doubling from the previous year's figures, reaching an impressive 22,288 thousand tons.

Red caviar production in Russia has hit its peak level since the year 2010.
Red caviar production in Russia has hit its peak level since the year 2010.

Stagnant Years in Russia: Maximum Red Caviar Production Observed Since 2010

In an exciting turn of events, the global fishing industry is witnessing a significant surge in red caviar production this year. According to German Zverev, the president of VARPE (Vladivostok Association of Redfish Processing Enterprises), the production volume of red caviar is expected to exceed the annual consumption volume over the past five years.

This year, a staggering 609 thousand tons of Pacific salmon have been caught by fishermen, contributing to the good dynamics of red caviar production. The successful salmon run on the Far East has played a crucial role in this year's impressive yield.

VARPE, the organisation responsible for red caviar production, has reported that this year's production is more than the 2021 record, with a 3% increase. The record for red caviar production was set in 2021, with 21,569 thousand tons produced from January to October. By the end of the year, the production volume may exceed 25 thousand tons.

However, no specific information about the causes of the successful salmon run on the Far East or the methods and processes used in the production of red caviar has been provided. The annual consumption volume of red caviar over the past five years has ranged from 15 to 20 thousand tons, but no specific information about the current year's consumption volume has been disclosed.

The successful redfish spawning production this year is taking place in Iceland, but no details about the factors contributing to the successful spawning have been shared. Despite the lack of detailed information, the news of record-breaking red caviar production has sparked excitement and anticipation within the industry.

President Zverev stated that the production volume may exceed the annual consumption volume of 15-20 thousand tons over the past five years. This prediction, if realised, would mark a significant shift in the red caviar market and potentially lead to a surplus in supply.

As the year progresses, the fishing industry and consumers alike will be eagerly awaiting updates on the production and consumption volumes of red caviar. The news of this record-breaking production serves as a promising sign for the future of the industry.

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