Price for Fish; Live, Ornamental, Other than Freshwater in Azerbaijan - 2023

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in Azerbaijan (CIF) - 2022
  2. Imports of Fish; Live, Ornamental, Other than Freshwater in Azerbaijan

Price for Fish; Live, Ornamental, Other than Freshwater in Azerbaijan (CIF) - 2022

In 2022, the average import price for fish; live, ornamental, other than freshwater amounted to $8,373 per ton, which is down by -31.5% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 358%. As a result, import price attained the peak level of $65,500 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Russia ($56,727 per ton), while the price for Iran ($5,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish; Live, Ornamental, Other than Freshwater in Azerbaijan

In 2022, imports of fish; live, ornamental, other than freshwater into Azerbaijan rose rapidly to 2 tons, picking up by 14% compared with 2021 figures. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 216% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fish; live, ornamental, other than freshwater reduced remarkably to $17K in 2022. Overall, imports, however, continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year.

Import of Fish; Live, Ornamental, Other than Freshwater in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/A5.110.18.126.0%
Sri LankaN/AN/AN/A5.30%
Russia4.83.63.82.5-19.5%
IndonesiaN/AN/AN/A1.00%
Thailand10.6N/AN/AN/A0%
Singapore31.91.57.7N/A-50.9%
Others3.0N/AN/AN/A0%
Total50.310.221.616.8-30.6%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to Azerbaijan in 2022:

  1. Iran (1400.0 kg)
  2. Sri Lanka (486.0 kg)
  3. Indonesia (80.0 kg)
  4. Russia (44.0 kg)

Source: IndexBox Market Intelligence Platform

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