Russian Federation - Frozen Catfish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Catfish Fillet Price in Russia - 2022
Contents:
- Frozen Catfish Fillet Price in Russia (CIF) - 2022
- Frozen Catfish Fillet Price in Russia (FOB) - 2022
- Frozen Catfish Fillet Imports in Russia
- Frozen Catfish Fillet Exports in Russia
Frozen Catfish Fillet Price in Russia (CIF) - 2022
In January 2022, the average frozen catfish fillet import price amounted to $2,179 per ton, growing by 8.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in November 2021 an increase of 10% month-to-month. The import price peaked in January 2022.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From January 2021 to January 2022, the rate of growth in terms of prices for Vietnam amounted to +1.8% per month.
Frozen Catfish Fillet Price in Russia (FOB) - 2022
In January 2022, the average frozen catfish fillet export price amounted to $2,634 per ton, shrinking by -7.4% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in October 2021 when the average export price increased by 28% m-o-m. The export price peaked at $2,845 per ton in December 2021, and then reduced in the following month.
Average prices varied noticeably for the major external markets. In January 2022, the countries with the highest prices were Kazakhstan ($2,691 per ton) and Belarus ($2,670 per ton), while the average price for exports to Uzbekistan ($2,527 per ton) and Ukraine ($2,642 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Catfish Fillet Imports in Russia
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen catfish fillets, when their volume decreased by -20.6% to 12K tons. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of 15K tons, and then dropped markedly in the following year.
In value terms, frozen catfish fillet imports declined markedly to $21M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of $26M, and then reduced sharply in the following year.
| Import of Frozen Catfish Fillet in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 16.7 | 15.6 | 26.0 | 20.9 | 7.8% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 16.8 | 15.7 | 26.2 | 20.9 | 7.6% |
Top Suppliers of Frozen Catfish Fillet to Russia in 2022:
- Vietnam (12.0K tons)
Frozen Catfish Fillet Exports in Russia
After three years of growth, overseas shipments of frozen catfish fillets decreased by -34.5% to 529 tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 246%. As a result, the exports attained the peak of 808 tons, and then dropped rapidly in the following year.
In value terms, frozen catfish fillet exports declined rapidly to $1.2M in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 306%. As a result, the exports reached the peak of $1.9M, and then declined sharply in the following year.
| Export of Frozen Catfish Fillet in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 58.9 | 23.9 | 417 | 298 | 71.7% |
| Slovakia | 122 | 48.3 | 416 | 243 | 25.8% |
| Poland | 142 | 99.5 | 70.5 | 161 | 4.3% |
| Kyrgyzstan | 12.4 | N/A | 2.8 | 26.3 | 28.5% |
| Kazakhstan | 120 | 59.5 | N/A | N/A | -50.4% |
| Germany | 192 | 70.5 | N/A | N/A | -63.3% |
| Belarus | 119 | 163 | 521 | N/A | 109.2% |
| Others | 6.9 | 8.8 | 498 | 470 | 308.4% |
| Total | 774 | 474 | 1,925 | 1,199 | 15.7% |
Top Export Markets for Frozen Catfish Fillet from Russia in 2022:
- Slovakia (182.9 tons)
- Czech Republic (96.4 tons)
- Poland (66.8 tons)
- Kyrgyzstan (17.5 tons)
This report provides an in-depth analysis of the frozen catfish fillets market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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