Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan

Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $2,802 per ton, rising by 44% against the previous year. In general, the import price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 62%. As a result, import price reached the peak level of $6,083 per ton. From 2019 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 Argentina ($8,953 per ton), while the price for Ukraine totaled $2,620 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+8.7%).

Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan

In 2022, approx. 2.2 tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were imported into Azerbaijan; waning by -44.2% against 2021 figures. Overall, imports, however, saw pronounced growth. The growth pace was the most rapid in 2021 when imports increased by 1,381%. As a result, imports reached the peak of 4 tons, and then contracted sharply in the following year.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s contracted significantly to $6.2K in 2022. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 478%.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A5.70%
Argentina6.30.81.40.6-54.3%
Russia1.70.11.4N/A-9.3%
CanadaN/AN/A4.9N/A0%
Others0.60.5N/AN/A-16.7%
Total8.61.37.76.2-10.3%

Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to Azerbaijan in 2022:

  1. Ukraine (2.2 tons)
  2. Argentina (0.1 tons)

Source: IndexBox Market Intelligence Platform

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