Price for Fish Meal; Fit for Human Consumption in Russia - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Russia (FOB) - 2022
2. Price for Fish Meal; Fit for Human Consumption in Russia (CIF) - 2022
3. Exports of Fish Meal; Fit for Human Consumption in Russia
4. Imports of Fish Meal; Fit for Human Consumption in Russia

Price for Fish Meal; Fit for Human Consumption in Russia (FOB) - 2022

In 2022, the average export price for fish meal; fit for human consumptia amounted to $764 per ton, which is down by -3.2% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $1,577 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +8.0% per year.

Price for Fish Meal; Fit for Human Consumption in Russia (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $531 per ton, with an increase of 3% against the previous year. Overall, the import price, however, recorded a precipitous contraction. The growth pace was the most rapid in 2014 when the average import price increased by 13%. The import price peaked at $15,324 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -6.9% per year.

Exports of Fish Meal; Fit for Human Consumption in Russia

Exports of fish meal; fit for human consumptia from Russia shrank notably to 104 tons in 2022, declining by -42.5% compared with the previous year. Overall, exports, however, continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2021 with an increase of 566% against the previous year. As a result, the exports reached the peak of 181 tons, and then dropped notably in the following year.

In value terms, exports of fish meal; fit for human consumptia plummeted to $80K in 2022. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 785% against the previous year. As a result, the exports attained the peak of $143K, and then dropped sharply in the following year.

Top Export Markets for Fish Meal; Fit for Human Consumption from Russia in 2022:

1. Kazakhstan (104.2 tons)

Imports of Fish Meal; Fit for Human Consumption in Russia

In 2022, after two years of decline, there was significant growth in overseas purchases of fish meal; fit for human consumptia, when their volume increased by 321% to 42 tons. Overall, imports, however, continue to indicate a sharp slump.

In value terms, imports of fish meal; fit for human consumptia soared to $22K in 2022. Over the period under review, imports, however, faced a sharp contraction.

Top Suppliers of Fish Meal; Fit for Human Consumption to Russia in 2022:

1. Kazakhstan (42.3 tons)

Source: IndexBox Market Intelligence Platform