Russian Federation - Smoked Herrings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Herring Price in Russia - 2022
Contents:
- Smoked Herring Price in Russia (CIF) - 2022
- Smoked Herring Price in Russia (FOB) - 2022
- Smoked Herring Imports in Russia
- Smoked Herring Exports in Russia
Smoked Herring Price in Russia (CIF) - 2022
In January 2022, the average smoked herring import price amounted to $2,393 per ton, dropping by -2.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 when the average import price increased by 7.1% m-o-m. The import price peaked at $2,489 per ton in June 2021; however, from July 2021 to January 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belarus.
From January 2021 to January 2022, the rate of growth in terms of prices for Belarus amounted to -0.1% per month.
Smoked Herring Price in Russia (FOB) - 2022
In 2022, the average smoked herring export price amounted to $2,406 per ton, remaining relatively unchanged against the previous year. Overall, the export price showed a slight curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 67% against the previous year. As a result, the export price attained the peak level of $4,022 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($5,242 per ton), while the average price for exports to Kazakhstan ($2,236 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 Ukraine (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Smoked Herring Imports in Russia
In 2022, purchases abroad of smoked herrings decreased by -5% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 35%.
In value terms, smoked herring imports fell modestly to $2.7M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.
| Import of Smoked Herring in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2.2 | 2.6 | 2.8 | 2.7 | 7.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 2.6 | 2.8 | 2.7 | 7.1% |
Top Suppliers of Smoked Herring to Russia in 2022:
- Belarus (1.1K tons)
Smoked Herring Exports in Russia
In 2022, the amount of smoked herrings exported from Russia surged to 85 tons, increasing by 52% against 2021 figures. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 115% against the previous year. As a result, the exports reached the peak of 114 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, smoked herring exports soared to $204K in 2022. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year. As a result, the exports attained the peak of $273K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Smoked Herring in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 98.3 | 263 | 128 | 178 | 21.9% |
| Uzbekistan | N/A | N/A | 0.5 | 11.1 | 2120.0% |
| Ukraine | 4.7 | N/A | 0.1 | 10.4 | 30.3% |
| Belarus | 39.5 | 1.8 | 0.8 | 1.1 | -69.7% |
| Others | 3.5 | 8.4 | 6.3 | 3.1 | -4.0% |
| Total | 146 | 273 | 135 | 204 | 11.8% |
Top Export Markets for Smoked Herring from Russia in 2022:
- Kazakhstan (79.7 tons)
- Uzbekistan (2.1 tons)
- Ukraine (2.0 tons)
- Belarus (0.3 tons)
This report provides an in-depth analysis of the smoked herring market 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 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)
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
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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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