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Russia is expecting a sharp rise in the price of caviar by the New Year

Russia is expecting a sharp rise in the price of caviar by the New Year
Photo: pixabay.com

Wholesale prices for red caviar increased by almost a third in the fall, followed by retail prices. Affected by the unsuccessful salmon fishing season in the Far East. Now experts predict a rise in price of the product up to 40% by the New Year.

According to RIA News, now red caviar in retail costs an average of five thousand per kilogram - much more than last year. Even frozen caviar has risen in price by 70%.

As noted by industry workers, auctions for the sale of part of the catch to Japan and China played a role in the rise in prices, in addition to the unsuccessful fishing season. The decline in prices for red caviar in the tenths also had an impact, when “gaskets” firms appeared on the market, which worked with enterprises using a special fiscal regime - the unified agricultural tax.

Industry representatives assure that, despite the low catch, there is no need to wait for a shortage of red caviar. The Fish Association estimates the need for the domestic market at about 15 thousand tons of caviar per year, so the produced product will be enough to meet the demand. At the same time, caviar does not belong to essential products.

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