AnewZ Morning Brief - 15th August, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of August, covering the latest developments you need to k...
Iran has developed an investment plan aimed at attracting funding to expand its caviar production to more than 140 metric tons in the near future, - stated Nasser Karami-Rad, a senior official of the Iran Fisheries Organization.
Considering fish farming a highly profitable sector, Iran’s caviar production rose by 17% in the past Iranian year (March 21, 2024, to March 20, 2025), increasing from 21.6 to 25.1 metric tons (mt). The provinces of Gilan, Mazandaran, and Fars emerged as the leading regions in caviar production.
Caviar, which is made from the roe (eggs) of sturgeon fish, is now more widely available to consumers due to the growing supply of farmed sturgeon.
According to IRNA, approximately 7.5 metric tons of caviar were exported through Iranian customs, with additional quantities taken abroad by travellers. Iranian farmed caviar was exported to 28 countries, with key destinations including the United Arab Emirates (UAE), Qatar, and Belgium, noted Nasser Karamirad, a senior official at the Iran Fisheries Organization.
In the previous Iranian calendar year, ended on 20 March, 2024, Iran exported 4.784 tons of farmed caviar. The latest figures represent a substantial year-on-year improvement in export performance.
With 3,704,500 kg of caviar, valued at $127.86 million, China became the world's largest exporter of caviar and its equivalents.
With exports of $90.68 million, the European Union came in second, and Japan came in third with $64.52 million.
Italy and Germany contributed substantially to the world caviar trade, exporting $27.15 million and $46.56 million, respectively.
In terms of imports, the United States was the largest buyer of caviar, bringing in $48.3 million in 2023, a significant 17.25% increase from the previous year. Although their imports decreased over the year, France and Germany were the two other major importers, bringing in $15.1 million and $14.5 million worth of caviar, respectively. In contrast, caviar imports in the United Kingdom and the United Arab Emirates increased by 27.48% and 28.22%, respectively, year over year.
IRAN'S FISHERY SECTOR
Iran’s fishery sector demonstrated robust growth, with exports reaching 196,000 metric tons valued at $372 million, according to a report from the Islamic Republic of Iran Customs Administration (IRICA), as reported by local media.
Arezou Ghanion, Deputy Director of IRICA's Statistics and Data Processing Office, noted a significant year-on-year increase, with fishery exports rising by 29% in volume and 17% in value compared to the previous year.
The primary drivers of this export success were shrimp, tuna, and carp, which together constituted a substantial 64 percent of the total export volume and 65 percent of the overall export value within the fishery category.
Notably, China, Iraq, and the United Arab Emirates (UAE) emerged as the top three destinations for Iranian fishery products during the reported year, underscoring the strong international demand for Iran's seafood.
Shrimp exports, in particular, accounted for a substantial portion of the total export value, with the aforementioned trio of nations serving as key markets.
Looking ahead, Iran has set ambitious targets to further boost its fishery exports, aiming to achieve $1.0 billion in annual revenue by the Iranian year 1404 (March 2025–March 2026).
This goal is underpinned by strategic plans to increase total fishery production to 2.6 million metric tons—a significant rise from the 1.5 million metric tons recorded in the previous year.
The expansion of fish farming activities, including the development of additional cage aquaculture systems and the adoption of advanced breeding techniques, is expected to play a key role in reaching these targets.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
The Trump administration is expected to shed roughly 300,000 federal workers in 2025, Office of Personnel Management (OPM) Director Scott Kupor said Thursday.
The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favouring crypto investment, boosting investor confidence in the sector.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
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