Price for Crustacean Preparations; Lobster, Prepared or Preserved in Russia - 2022

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Russia (CIF) - 2022
  2. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Russia (FOB) - 2022
  3. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Russia
  4. Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Russia

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Russia (CIF) - 2022

In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $61,949 per ton, rising by 52% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +52.4% per year.

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Russia (FOB) - 2022

In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $694 per ton, reducing by -77.5% against the previous year. Over the period under review, the export price showed a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 97%. The export price peaked at $3,819 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Mongolia amounted to +124.4% per year.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Russia

In 2022, imports of crustacean preparations; lobster, prepared or preserveds into Russia soared to 589 kg, rising by 102% against 2021 figures. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $36K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Russia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Arab Emirates11.836.5209.3%
OthersN/AN/A0%
Total11.836.5209.3%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Russia in 2022:

  1. United Arab Emirates (589.0 kg)

Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Russia

In 2022, exports of crustacean preparations; lobster, prepared or preserveds from Russia skyrocketed to 5.8 tons, with an increase of 22,369% against the previous year's figure. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds skyrocketed to $4.1K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.1N/AN/A4.1244.8%
Armenia0.3N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total0.4N/A0.14.1117.2%

Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Russia in 2022:

  1. Kazakhstan (5.8 tons)

Source: IndexBox Market Intelligence Platform

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