North Atlantic pelagic trade was marked by two key factors: Russia adding Iceland to its list of nations banned for food imports and the ongoing Nigeria import quotas policy Continue reading
Tag Archives: Russian food ban impact
Russian mackerel exports to halve on domestic consumption
Russian ban and limited quantities available are keeping Atlantic mackerel prices high in the domestic market, which is also encouraging domestic fleet to land volumes in Russia Continue reading
Russian pelagic imports to drop by 159,000t compared to pre-ban levels
Russian pelagic imports are expected to be almost half when compared to volumes brought in 2013, before western countries were sanctioned Continue reading
Low hake catches boost prices as Canadian sellers struggle to diversify from Russia
A year after the Russian ban rocked the hake market, US companies seem to be faring better than Canadian counterparts, but catches have been slow on both sides of border Continue reading
Russian importers think hike in Pacific catches will cover Atlantic herring shortage
Lower prices of Pacific herring also means demand for the product is increasing, Russian industry players tell Undercurrent News Continue reading
Russia salmon, trout, herring and mackerel imports plummet in first half of 2015
Even with Chile, the Faroe Islands and Turkey stepping in to fill the void, import volumes for key seafood species are down by up to three-quarters for the first seven months of 2015 Continue reading
Russian ban shuts Iceland out of market it’s geared to serve
Iceland's pelagic sector sees the closure of a market it has invested millions, and years, into servicing, as companies question why the country took sides between Russia and the EU Continue reading
Russia destroys piles of food following decree to burn banned imports
Consignments of pork, cheese and peaches bulldozed or incinerated as Russia pledges to destroy all food imported in violiation on renewed ban Continue reading
Russian import ban renewal a risk to trade relationships
One Norwegian organization is concerned that trade links will be broken as Russian importers go under; sources agree the strength of the ruble remains vital for salmon sales Continue reading
Turkish bass, bream exports to Russia soar on fresh fish shortage after ban
Despite higher prices, Turkey saw Russian exports up 46% in 2014, year-on-year Continue reading
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