Russia Steadily Increasing Shrimp Imports as Domestic Stocks Dip
Russia is steadily increasing imports of shrimp, mostly farm-raised product, as domestic stocks have substantially declined in recent years.
Currently, most wild shrimp in Russia are caught in the Far East. While aquaculture shrimp are much cheaper, they are not grown in the Russian Federation and are imported from abroad. In recent years, the market has faced a massive influx of such shrimp.
In general, prices for Russian shrimps (a significant part of which accounts for Far Eastern humpback shrimps) are 2.5 to 3 times higher than those of imported...
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