Russian Federation - Frozen Whole Fish - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Whole Fish Price in Russia - 2022
Contents:
- Frozen Whole Fish Price in Russia (FOB) - 2022
- Frozen Whole Fish Price in Russia (CIF) - 2022
- Frozen Whole Fish Exports in Russia
- Frozen Whole Fish Imports in Russia
Frozen Whole Fish Price in Russia (FOB) - 2022
The average frozen whole fish export price stood at $1,661 per ton in January 2022, waning by -23.9% against the previous month. Overall, export price indicated measured growth from January 2021 to January 2022: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, frozen whole fish export price decreased by -32.6% against September 2021 indices. The most prominent rate of growth was recorded in September 2021 an increase of 52% m-o-m. As a result, the export price reached the peak level of $2,465 per ton. From October 2021 to January 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Japan ($6,117 per ton), while the average price for exports to Nigeria ($737 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Fish Price in Russia (CIF) - 2022
The average frozen whole fish import price stood at $2,813 per ton in January 2022, picking up by 6.6% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in February 2021 an increase of 19% against the previous month. The import price peaked at $3,394 per ton in June 2021; however, from July 2021 to January 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Chile ($6,940 per ton), while the price for Kazakhstan ($838 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Fish Exports in Russia
Frozen whole fish exports from Russia expanded significantly to 1.5M tons in 2022, with an increase of 9.8% on 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.
In value terms, frozen whole fish exports contracted to $2.4B in 2022. In general, exports, however, showed a mild slump. The growth pace was the most rapid in 2021 with an increase of 1.8% against the previous year.
| Export of Frozen Whole Fish in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,208 | 983 | 700 | 1,332 | 3.3% |
| Japan | 307 | 312 | 425 | 365 | 5.9% |
| Poland | 43.4 | 62.7 | 68.4 | 104 | 33.8% |
| South Africa | 5.2 | 0.7 | 15.6 | 16.9 | 48.1% |
| Nigeria | 67.1 | 134 | 135 | N/A | 41.8% |
| South Korea | 253 | 284 | 389 | N/A | 24.0% |
| Belarus | 28.4 | 29.9 | 31.8 | N/A | 5.8% |
| Others | 585 | 562 | 646 | 572 | -0.7% |
| Total | 2,498 | 2,369 | 2,411 | 2,390 | -1.5% |
Top Export Markets for Frozen Whole Fish from Russia in 2022:
- China (1123.5K tons)
- Japan (82.7K tons)
- Poland (36.5K tons)
- South Africa (25.4K tons)
Frozen Whole Fish Imports in Russia
In 2022, the amount of frozen whole fish imported into Russia fell to 303K tons, which is down by -4% compared with 2021 figures. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.6%.
In value terms, frozen whole fish imports contracted to $764M in 2022. In general, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of $824M, and then dropped in the following year.
| Import of Frozen Whole Fish in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 347 | 295 | 243 | 284 | -6.5% |
| Faroe Islands | 172 | 141 | 191 | 160 | -2.4% |
| Turkey | 40.2 | 64.1 | 145 | 123 | 45.2% |
| Argentina | 32.2 | 34.1 | 31.5 | 47.9 | 14.2% |
| China | 110 | 67.5 | 60.1 | 39.8 | -28.7% |
| South Korea | 7.0 | 2.7 | 5.6 | 17.3 | 35.2% |
| Belarus | 4.8 | 8.4 | 20.2 | 16.4 | 50.6% |
| Ecuador | 12.4 | 13.6 | 23.0 | 13.5 | 2.9% |
| Uruguay | 9.2 | 7.4 | 4.7 | 9.8 | 2.1% |
| Greenland | 14.9 | 12.6 | 31.7 | 8.7 | -16.4% |
| Morocco | 10.4 | 14.3 | 10.6 | 8.4 | -6.9% |
| Kazakhstan | 4.3 | 5.6 | 8.1 | 3.7 | -4.9% |
| Others | 49.6 | 37.7 | 49.9 | 31.5 | -14.0% |
| Total | 813 | 703 | 824 | 764 | -2.1% |
Top Suppliers of Frozen Whole Fish to Russia in 2022:
- Faroe Islands (127.9K tons)
- Chile (45.7K tons)
- Argentina (26.7K tons)
- Turkey (20.8K tons)
- South Korea (12.4K tons)
- China (11.9K tons)
- Ecuador (9.4K tons)
- Belarus (8.4K tons)
- Greenland (8.3K tons)
- Morocco (7.2K tons)
- Uruguay (5.8K tons)
- Kazakhstan (4.9K tons)
This report provides an in-depth analysis of the frozen whole fish 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 2030.
Product coverage:
- Prodcom 10201330 - Frozen whole salt water fish
- Prodcom 10201360 - Frozen whole fresh water fish
- Prodcom 10201600 - Frozen fish livers and roes
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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