Level of Consolidation in Russian Crab Sector is Growing
The level of consolidation in the Russian crab sector is growing as the number of crab catchers of small and medium size is declining. Many of them are withdrawn from the market by larger players.
Recently a number of Russian small crab producers have reported about the reduction of their production volumes to “microscopic levels.” That became mainly due to the loss of “historic” production volumes after the bulk of crab quotas were distributed at auctions in 2019–2023.
In January 2024, the companies sent requests to the...
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