# Aiming for aquafeed self-sufficiency – World Fishing

> Russia plans to expand aquafeed output nearly tenfold to 525,000 tonnes by 2030 to reduce fish farmers' dependence on imports. Pandemic-related quarantine measures and a weaker ruble have raised the cost of imported feed.

- Date: 2020-07-19 · published 2020-07-19T12:00:00.000Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/52209-aiming-for-aquafeed-self-sufficiency-world-fishing
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Import substitution in Russia could reduce demand for imported aquafeed ingredients over time, though the impact on global feed commodity prices is small at current volumes.

## Sources

- worldfishing.net: https://www.worldfishing.net/news/insight/aiming-for-aquafeed-self-sufficiency/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.