Estonian fishermen forecast to have a tough year 2015
Estonia's annual of Baltic herring and sprats catch is over 50,000 tonnes, 75% of which was exported to Russia before sanctions were enforced.
Last year, the export price of the herring was over 450 euros per tonne, currently the price is less than 300 euros per tonne. Although in small quantities, markets have been found for Estonian fish in Africa and the Balkans.
Estonian Fisheries Association estimates that this year will, however, be difficult for fishermen.
"The sector as a whole is not in crisis. Those whose main industrial raw material is sprat and herring are in crisis. But that is our local raw material, which, unfortunately, is the most abundant here," said the head of the Association Valdur Noormägi.
"Just suspensions can come, when no fishing takes place and people are sent on a forced leave," he added. ■