Live Fish Price in Belarus - 2022
Contents:
- Live Fish Price in Belarus (FOB) - 2022
- Live Fish Price in Belarus (CIF) - 2022
- Live Fish Exports in Belarus
- Live Fish Imports in Belarus
Live Fish Price in Belarus (FOB) - 2022
The average live fish export price stood at $1,855 per ton in March 2022, declining by -23.5% against the previous month. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 64% month-to-month. The export price peaked at $9,918 per ton in March 2021; however, from April 2021 to March 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Russia ($3,027 per ton), while the average price for exports to Latvia stood at $1,771 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.3%), while the prices for the other major destinations experienced a decline.
Live Fish Price in Belarus (CIF) - 2022
The average live fish import price stood at $21,640 per ton in 2022, which is down by -5.4% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, live fish import price increased by +43.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 27% against the previous year. The import price peaked at $23,501 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Poland ($67,248 per ton), while the price for Lithuania ($18,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+48.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Exports in Belarus
In 2022, the amount of live fish exported from Belarus reduced notably to 533 tons, waning by -45.2% against the previous year's figure. Overall, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 206% against the previous year. As a result, the exports reached the peak of 973 tons, and then dropped notably in the following year.
In value terms, live fish exports shrank notably to $1.7M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 235%. As a result, the exports attained the peak of $2.6M, and then shrank notably in the following year.
Export of Live Fish in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 531 | 527 | 1,439 | 1,037 | 25.0% |
Lithuania | 85.1 | 224 | 534 | 385 | 65.4% |
Latvia | 8.7 | 18.0 | 57.7 | 49.6 | 78.6% |
Others | 28.8 | N/A | 546 | 202 | 91.4% |
Total | 653 | 769 | 2,577 | 1,673 | 36.8% |
Top Export Markets for Live Fish from Belarus in 2022:
- Russia (229.8 tons)
- Lithuania (179.7 tons)
- Latvia (24.4 tons)
Live Fish Imports in Belarus
In 2022, approx. 4.3 tons of live fish were imported into Belarus; falling by -28.8% against 2021 figures. In general, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 134%.
In value terms, live fish imports plummeted to $94K in 2022. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 187%.
Import of Live Fish in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 327 | 32.7 | 54.8 | 63.7 | -42.0% |
Armenia | N/A | N/A | 6.4 | 17.4 | 171.9% |
Poland | 42.2 | 6.1 | 20.1 | 10.7 | -36.7% |
Russia | 8.0 | 0.9 | 1.6 | 0.9 | -51.7% |
Spain | 27.1 | 6.0 | N/A | N/A | -77.9% |
Kazakhstan | 2.3 | N/A | N/A | N/A | 0% |
Others | 3.9 | 2.7 | 55.9 | 0.8 | -41.0% |
Total | 410 | 48.3 | 139 | 93.5 | -38.9% |
Top Suppliers of Live Fish to Belarus in 2022:
- Lithuania (3515.0 kg)
- Armenia (591.0 kg)
- Poland (159.0 kg)
- Russia (39.0 kg)
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