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Iranian company plans to sell caviar at $820 per kilo

Iran Materials 25 June 2012 16:06 (UTC +04:00)

Azerbaijan, Baku, Jun.25/ Trend F.Milad/

The managing director of the Jahad Nasr Hamzeh Company of Iran has said that the company will sell caviar at 10 million rials (some $820) per kilogramme by the next 18 months.

Majid Rabizadeh told the Mehr News Agency that each kilogramme of caviar is currently sold at 40 million rials ($3300).

Iran plans to increase annual caviar output 10 fold to one ton in the current calendar year which began on March 20, said the head of the Fishery Organisation on Saturday.

Gholamreza Razeqi told the IRNA News Agency that some 100 kilogrammes of caviar has been produced since the beginning of the current year and that a portion of the output has been exported.

On June 5, Razeqi said that Iran produced some 8000 tons of shrimp in the past calendar year.

Iran plans to export as much as $250 million fish and shrimp in the current calendar year, he noted.

"The fishery organisation's budget has increased by 20 per cent compared to the year before," he added.

Some 4000 tons of shrimp, valued at around $17 million, was exported last year to the UAE, Kuwait, Lebanon, Australia and Spain, he said, adding that infrastructures have been provided to export 500 kilogrammes of caviar in the current year.

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