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    Home > Food News > Food Articles > The price of surimi fell sharply in the Japanese market

    The price of surimi fell sharply in the Japanese market

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    From SeafoodNews on December 23, due to the extremely high price of Alaskan cod surimi, more and more surimi product manufacturers began to choose southern surimi or Russian surimi to replace Alaskan cod surimi
    In particular, the cost performance of Russian surimi is better than expected, more and more manufacturers are showing interest in it, and Japanese importers are also increasing their purchases
    Industry insiders said that the market price peak is imminent, the surimi market is weakening, and may soon decline
    Expectations of a decline in the market were supported by a sharp increase in U.
    Alaskan cod production next year, a temporary halt to appreciation and stabilization of the yen, and an increase in surimi stocks
    Japan's Ministry of Finance recently announced that Japanese surimi imports in October 2022 were 15,431 tons, down 22.
    6% from the same period last year, of which imports from the United States were 6,755 tons, a sharp decrease of 39.
    1% from the previous year, imports from Thailand and China also decreased, but imports from Vietnam, India, Malaysia and other countries were relatively stable, and imports from Russia also remained at 1,097 tons
    From January to October this year, Japan imported 190643 tons of surimi, an increase of 13.
    2% over the same period last year, still maintaining double-digit growth, the three countries with a decline in cumulative imports were the United States, Thailand and Indonesia, on the contrary, Japan's imports of Russian surimi increased five-fold to 13,760 tons; China's surimi imports increased by 11.
    6% to 16,622 tonnes; Vietnam's surimi imports increased by 17.
    7% year-on-year to 16,859 tonnes; Indian surimi imports increased by 36.
    0% year-on-year to 41,314 tonnes
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