Russian Federation - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in Russia - 2022
Contents:
- Price for Fish Fillets and Other Fish Meat in Russia (FOB) - 2022
- Price for Fish Fillets and Other Fish Meat in Russia (CIF) - 2022
- Exports of Fish Fillets and Other Fish Meat in Russia
- Imports of Fish Fillets and Other Fish Meat in Russia
Price for Fish Fillets and Other Fish Meat in Russia (FOB) - 2022
The average export price for fish fillets and other fish meat stood at $4,113 per ton in 2022, dropping by -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. Over the period under review, the average export prices hit record highs at $4,986 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,324 per ton), while the average price for exports to South Korea ($3,267 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 the UK (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets and Other Fish Meat in Russia (CIF) - 2022
The average import price for fish fillets and other fish meat stood at $3,215 per ton in 2022, shrinking by -3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 an increase of 33%. The import price peaked at $3,344 per ton in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($9,224 per ton), while the price for India ($1,870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Fillets and Other Fish Meat in Russia
In 2022, the amount of fish fillets and other fish meat exported from Russia dropped to 126K tons, with a decrease of -13.5% compared with the year before. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year.
In value terms, exports of fish fillets and other fish meat dropped rapidly to $518M in 2022. Over the period under review, exports showed a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year.
| Export of Fish Fillets and Other Fish Meat in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 305 | 113 | 153 | 250 | -6.4% |
| Netherlands | 389 | 159 | 210 | 125 | -31.5% |
| United Kingdom | 108 | 39.5 | 47.5 | 28.5 | -35.9% |
| Lithuania | 81.4 | 20.4 | 21.5 | 27.2 | -30.6% |
| Germany | 121 | 37.4 | 68.9 | 22.1 | -43.3% |
| France | 28.4 | 12.1 | 22.1 | 21.2 | -9.3% |
| Belarus | 19.5 | 7.4 | 9.8 | 16.4 | -5.6% |
| Others | 108 | 35.0 | 81.1 | 27.9 | -36.3% |
| Total | 1,161 | 424 | 613 | 518 | -23.6% |
Top Export Markets for Fish Fillets and Other Fish Meat from Russia in 2022:
- South Korea (76.6K tons)
- Netherlands (22.5K tons)
- Germany (6.2K tons)
- France (5.2K tons)
- Belarus (3.4K tons)
- Lithuania (3.4K tons)
- United Kingdom (3.4K tons)
Imports of Fish Fillets and Other Fish Meat in Russia
Imports of fish fillets and other fish meat into Russia shrank to 71K tons in 2022, reducing by -9.9% compared with 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of 79K tons, and then contracted in the following year.
In value terms, imports of fish fillets and other fish meat declined to $228M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of $263M, and then shrank in the following year.
| Import of Fish Fillets and Other Fish Meat in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | 18.2 | 32.0 | 47.6 | 55.3 | 44.8% |
| Vietnam | 49.2 | 42.7 | 74.4 | 54.0 | 3.2% |
| China | 65.0 | 40.6 | 58.3 | 48.3 | -9.4% |
| Chile | 40.7 | 36.2 | 31.7 | 25.4 | -14.5% |
| Thailand | 6.4 | 8.7 | 10.5 | 14.8 | 32.2% |
| Argentina | 10.9 | 10.1 | 10.1 | 14.7 | 10.5% |
| India | 16.3 | 7.5 | 13.3 | 4.8 | -33.5% |
| Others | 18.3 | 15.1 | 17.3 | 10.7 | -16.4% |
| Total | 225 | 193 | 263 | 228 | 0.4% |
Top Suppliers of Fish Fillets and Other Fish Meat to Russia in 2022:
- Vietnam (22.0K tons)
- Faroe Islands (20.2K tons)
- China (10.5K tons)
- Argentina (5.4K tons)
- Thailand (4.4K tons)
- Chile (2.8K tons)
- India (2.6K tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
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
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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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