Red Caviar Prices Skyrocket in Russia Due to Decreased Production
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The production of red caviar in Russia has plummeted by nearly 70% in the first eight months of 2026 compared to the same period last year, leading to a significant increase in prices. The average retail price of chum salmon caviar has surged by 108% to 21,600 rubles per kg, while sockeye salmon caviar has increased by 101% to 17,900 rubles. Experts predict prices could reach 30,000-40,000 rubles per kg by the New Year, due to a weak salmon fishing season and increased demand during the holidays.
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