Price for Insects; Live, Other than Bees in Russia - 2022

Contents:

  1. Price for Insects; Live, Other than Bees in Russia (CIF) - 2022
  2. Price for Insects; Live, Other than Bees in Russia (FOB) - 2022
  3. Imports of Insects; Live, Other than Bees in Russia
  4. Exports of Insects; Live, Other than Bees in Russia

Price for Insects; Live, Other than Bees in Russia (CIF) - 2022

The average import price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, jumping by 23% against the previous year. Overall, the import price, however, recorded a abrupt setback. The import price peaked at $0.1 per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Lithuania ($0.1 per thousand units), while the price for Ukraine (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+11.6%), while the prices for the other major suppliers experienced a decline.

Price for Insects; Live, Other than Bees in Russia (FOB) - 2022

In 2022, the average export price for insects; live, other than beeses amounted to less than $0.1 per thousand units, jumping by 33% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 578% against the previous year. As a result, the export price reached the peak level of $0.7 per thousand units. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan (less than $0.1 per thousand units), while the average price for exports to Armenia (less than $0.1 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+42.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Insects; Live, Other than Bees in Russia

In 2022, the amount of insects; live, other than beeses imported into Russia shrank remarkably to 203B units, with a decrease of -45.2% against 2021 figures. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 10% against the previous year. Over the period under review, imports attained the peak figure at 376B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, insects; live, other than bees imports contracted sharply to $4.4M in 2022. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked at $7.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Insects; Live, Other than Bees in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A6060%
Israel22610935.052432.4%
Ukraine2,6082,4862,596523-41.5%
Netherlands56529279.5504-3.7%
Lithuania40415.2N/A254-14.3%
Spain1281241,00266.4-19.6%
Belgium1,10494852856.6-62.9%
Others2,2861,4982,2971,882-6.3%
Total7,3215,4726,5374,416-15.5%

Top Suppliers of Insects; Live, Other than Bees to Russia in 2022:

  1. Ukraine (56.2B units)
  2. Kazakhstan (35.1B units)
  3. Israel (31.4B units)
  4. Netherlands (24.7B units)
  5. Lithuania (4.3B units)
  6. Belgium (1.9B units)
  7. Spain (1.8B units)

Exports of Insects; Live, Other than Bees in Russia

In 2022, overseas shipments of insects; live, other than beeses decreased by -83.7% to 2.5B units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, the exports attained the peak of 39B units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, insects; live, other than bees exports declined sharply to $103K in 2022. In general, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports reached the peak of $806K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Insects; Live, Other than Bees in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan52948735195.4-43.5%
AzerbaijanN/AN/A0.36.52066.7%
Armenia1.012823.91.13.2%
Belarus76.5184101N/A14.9%
Others4.86.80.10.1-72.5%
Total611806477103-44.8%

Top Export Markets for Insects; Live, Other than Bees from Russia in 2022:

  1. Kazakhstan (2116.2M units)
  2. Azerbaijan (299.7M units)
  3. Armenia (62.2M units)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Nothing found. Please try again.


Nothing found. Please try again.


Free Data: Insects; live, other than bees - Russia