Russian Crab Exports to China Up 15% YTD; Competition Expected to Tighten
Russia expects a significant tightening of competition in the Chinese crab market in the coming years as demand rises with China’s expanding middle class, Alexander Dyplyakov, head of the Russian Far East Crab Association, said.
Dyplyakov noted that growing Chinese affluence is attracting interest from multiple producing countries, intensifying competition for market share. Despite the expected pressure, Russia posted solid results in the Chinese crab market this year.
Based on an analysis of Chinese customs data, the Russian Fish Union reports that Russia exported 32,000 tons...
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