Igor Korneev from the fishery industry explained why fish in Russia…
Igor Korneev from the fishery industry explained why fish in Russia remains expensive: prices depend on exports, taxes, sanctions, intermediaries, and weak catch forecasts. An expert explained the reasons for high fish prices in Russia.
Consensus
- High fish prices in Russia are due to multiple factors rather than supply shortages.
- The domestic fish market is influenced by export pricing: higher international prices lead to higher domestic prices.
- Exporters receive a refund of VAT (10%) when selling abroad, while domestic buyers pay the full VAT, creating a tax imbalance favoring exports.
- Sanctions have increased production costs for fishing companies by 2-2.5 times due to rising prices for spare parts, fuel, and equipment.
- Fish is sold through intermediaries (traders) who add approximately 10% to the price.
- There is insufficient state support for scientific research in fisheries, leading to inaccurate catch forecasts that hinder planning.
Points of divergence
- Logistics costs account for about 14% of the price of Far Eastern salmon, with delivery from Komsomolsk-on-Amur to Moscow costing an additional 35-40 rubles per kilogram. — riamo
- The wholesale price of fish in Moscow is 460 rubles per kilogram, and the cost of transporting one kilogram from the Far East to Komsomolsk-on-Amur is 25 rubles. — riamo
Coverage (2 sources)
- Fish industry expert names five reasons for high fish prices in Russia — РИАМО
- Expert Explains Reasons for High Fish Prices in Russia — Вести