Russian Federation - Inedible Fish Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInedible Fish Products Price in Russia - 2022
Contents:
- Inedible Fish Products Price in Russia (FOB) - 2022
- Inedible Fish Products Price in Russia (CIF) - 2022
- Inedible Fish Products Exports in Russia
- Inedible Fish Products Imports in Russia
Inedible Fish Products Price in Russia (FOB) - 2022
The average inedible fish products export price stood at $3,603 per ton in 2022, with an increase of 4.7% against the previous year. Overall, the export price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $6,074 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($5,690 per ton), while the average price for exports to the Czech Republic ($2,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.9%), while the prices for the other major destinations experienced a decline.
Inedible Fish Products Price in Russia (CIF) - 2022
In January 2022, the average inedible fish products import price amounted to $3,492 per ton, surging by 73% against the previous month. Over the period under review, the import price showed prominent growth. The growth pace was the most rapid in March 2021 when the average import price increased by 137% against the previous month. As a result, import price reached the peak level of $3,740 per ton. From April 2021 to January 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Uzbekistan ($7,678 per ton), while the price for Belarus stood at $991 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+11.5%).
Inedible Fish Products Exports in Russia
In 2022, the amount of inedible fish products exported from Russia dropped dramatically to 5.4K tons, reducing by -20.1% on the previous year's figure. Overall, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of 6.7K tons, and then shrank remarkably in the following year.
In value terms, inedible fish products exports dropped notably to $19M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $23M, and then dropped remarkably in the following year.
| Export of Inedible Fish Products in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.2 | 1.6 | 7.9 | 7.2 | 19.7% |
| Ecuador | 2.9 | 2.1 | 2.4 | 5.5 | 23.8% |
| United States | 1.0 | 0.3 | 1.9 | 3.1 | 45.8% |
| Czech Republic | N/A | 0.3 | 0.5 | 2.2 | 170.8% |
| Belarus | 0.9 | 1.5 | 1.2 | 1.3 | 13.0% |
| Germany | 1.6 | 1.6 | 1.7 | N/A | 3.1% |
| China | 2.2 | 1.7 | 0.4 | N/A | -57.4% |
| Others | 3.5 | 6.6 | 7.2 | 0.1 | -69.4% |
| Total | 16.3 | 15.6 | 23.2 | 19.4 | 6.0% |
Top Export Markets for Inedible Fish Products from Russia in 2022:
- Thailand (1513.6 tons)
- Ecuador (1362.2 tons)
- United States (1157.9 tons)
- Czech Republic (1086.3 tons)
- Belarus (226.4 tons)
Inedible Fish Products Imports in Russia
In 2022, the amount of inedible fish products imported into Russia surged to 6.8K tons, picking up by 120% on the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 211%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, inedible fish products imports dropped slightly to $4.9M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year.
| Import of Inedible Fish Products in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 0.6 | 2.2 | 1.2 | 2.6 | 63.0% |
| Belarus | 1.2 | 1.1 | 1.9 | 1.1 | -2.9% |
| China | N/A | N/A | N/A | N/A | 0% |
| Others | 1.4 | 1.4 | 2.0 | 1.3 | -2.4% |
| Total | 3.3 | 4.7 | 5.1 | 4.9 | 14.1% |
Top Suppliers of Inedible Fish Products to Russia in 2022:
- Uzbekistan (6.7K tons)
- Belarus (0.1K tons)
This report provides an in-depth analysis of the inedible fish products 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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