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

Contents:

  1. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus
  4. Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus

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

In March 2022, the average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s amounted to $4,023 per ton, growing by 17% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in September 2021 an increase of 19% month-to-month. The import price peaked in March 2022.

Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Argentina ($4,092 per ton), while the price for Russia amounted to $2,956 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $2,502 per ton in 2022, picking up by 3.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 77%. As a result, the export price reached the peak level of $4,204 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.5% per year.

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

In 2022, overseas purchases of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -24% to 847 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 3.8% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s reduced to $3.2M in 2022. Over the period under review, imports recorded a abrupt curtailment. The smallest decline of -2.3% was in 2020.

Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2,7682,8072,4991,485-18.7%
Russia2806547961,08557.1%
China725313222563-8.1%
United States72.069.367.890.17.8%
Others87.6N/AN/AN/A0%
Total3,9323,8433,5843,223-6.4%

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

  1. Argentina (399.5 tons)
  2. Russia (237.3 tons)
  3. China (184.9 tons)
  4. United States (25.0 tons)

Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus

In 2022, approx. 13 tons of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s were exported from Belarus; shrinking by -44.5% compared with the previous year's figure. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 804% against the previous year. As a result, the exports reached the peak of 23 tons, and then dropped dramatically in the following year.

In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s fell rapidly to $32K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 591%. As a result, the exports reached the peak of $55K, and then shrank significantly in the following year.

Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.68.055.331.654.3%
OthersN/AN/AN/AN/A0%
Total8.68.055.331.654.3%

Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from Belarus in 2022:

  1. Russia (12.6 tons)

Source: IndexBox Market Intelligence Platform

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