Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (CIF) - 2022
  2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (FOB) - 2022
  3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia
  4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (CIF) - 2022

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $2,525 per ton in 2022, which is down by -31.3% against the previous year. In general, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2013 an increase of 11% against the previous year. As a result, import price reached the peak level of $5,014 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($5,454 per ton), while the price for Chile ($1,672 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (FOB) - 2022

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $13,436 per ton in 2022, increasing by 60% against the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 72%. As a result, the export price attained the peak level of $13,560 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($72,966 per ton), while the average price for exports to Ukraine ($5,928 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 Japan (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia

For the fourth consecutive year, Russia recorded growth in supplies from abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds, which increased by 22% to 40K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds contracted markedly to $101M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $120M, and then declined notably in the following year.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile27.536.046.921.9-7.3%
Belarus29.425.928.521.1-10.5%
Vietnam0.514.115.319.1236.8%
Peru14.26.97.218.28.6%
China16.510.413.511.0-12.6%
Indonesia0.40.71.75.5139.6%
Others9.16.57.04.0-24.0%
Total97.41001201011.2%

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Russia in 2022:

  1. Chile (13.1K tons)
  2. Peru (9.2K tons)
  3. Belarus (7.5K tons)
  4. Vietnam (4.4K tons)
  5. China (3.9K tons)
  6. Indonesia (1.0K tons)

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia

In 2022, shipments abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -51% to 781 tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, the exports attained the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds reduced sharply to $10M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.23.14.45.737.3%
Belarus1.93.32.61.6-5.6%
Ukraine0.91.21.61.210.1%
Kazakhstan0.71.21.40.70.0%
Moldova0.30.30.40.518.6%
Georgia0.10.10.10.226.0%
Azerbaijan0.20.30.40.20.0%
Uzbekistan0.10.10.30.226.0%
Others3.22.02.20.2-60.3%
Total9.611.613.410.53.0%

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Russia in 2022:

  1. Belarus (251.5 tons)
  2. Ukraine (206.4 tons)
  3. China (78.2 tons)
  4. Kazakhstan (67.6 tons)
  5. Moldova (62.0 tons)
  6. Uzbekistan (29.2 tons)
  7. Azerbaijan (29.1 tons)
  8. Georgia (25.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustaceans, molluscs and other aquatic invertebrates, prepared or preserved - Russia