Russian Federation: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in the Russian Federation

The Russian frozen freshwater fish market declined slightly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Frozen Freshwater Fish Production in the Russian Federation

In value terms, frozen freshwater fish production declined to $X in 2022 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Frozen Freshwater Fish Exports

Exports from the Russian Federation

Frozen freshwater fish exports from Russia shrank significantly to X tons in 2022, which is down by X% on 2021. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen freshwater fish exports fell notably to $X in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons), Kazakhstan (X tons) and Azerbaijan (X tons) were the main destinations of frozen freshwater fish exports from Russia, with a combined X% share of total exports. Belarus, South Korea, Moldova and Uzbekistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen freshwater fish exported from Russia were Ukraine ($X), Belarus ($X) and Azerbaijan ($X), with a combined X% share of total exports. Kazakhstan, South Korea, Moldova and Uzbekistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen freshwater fish export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Uzbekistan ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Freshwater Fish Imports

Imports into the Russian Federation

In 2022, overseas purchases of frozen freshwater fish decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen freshwater fish imports dropped sharply to $X in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Kazakhstan (X tons) and Ecuador (X tons) were the main suppliers of frozen freshwater fish imports to Russia, together comprising X% of total imports. New Zealand, Turkey, Mauritania and Azerbaijan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of frozen freshwater fish to Russia, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the average frozen freshwater fish import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen freshwater fish import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Azerbaijan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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