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Russian Federation - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried or Salted Fish in Russia - 2022
Contents:
- Price for Dried or Salted Fish in Russia (CIF) - 2022
- Price for Dried or Salted Fish in Russia (FOB) - 2022
- Imports of Dried or Salted Fish in Russia
- Exports of Dried or Salted Fish in Russia
Price for Dried or Salted Fish in Russia (CIF) - 2022
In January 2022, the average dried or salted fish import price amounted to $5,700 per ton, rising by 37% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 44% m-o-m. The import price peaked in January 2022.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Thailand ($8,181 per ton), while the price for Belarus ($2,029 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dried or Salted Fish in Russia (FOB) - 2022
In January 2022, the average dried or salted fish export price amounted to $6,666 per ton, increasing by 4.2% against the previous month. Over the period under review, export price indicated noticeable growth from January 2021 to January 2022: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, dried or salted fish export price increased by +31.9% against October 2021 indices. The pace of growth appeared the most rapid in February 2021 an increase of 32% against the previous month. Over the period under review, the average export prices reached the maximum in January 2022.
There were significant differences in the average prices for the major overseas markets. In January 2022, the country with the highest price was Belarus ($8,980 per ton), while the average price for exports to Ukraine ($1,376 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dried or Salted Fish in Russia
For the fourth consecutive year, Russia recorded growth in overseas purchases of dried or salted fish, which increased by 94% to 19K tons in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dried or salted fish imports soared to $45M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dried or Salted Fish in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 22.4 | 19.9 | 19.8 | 32.4 | 13.1% |
China | 3.2 | 6.0 | 4.0 | 4.2 | 9.5% |
Thailand | 1.2 | 0.8 | 2.4 | 3.6 | 44.2% |
Belarus | 1.9 | 1.4 | 3.8 | 3.2 | 19.0% |
Kazakhstan | 2.5 | 2.5 | 2.9 | 2.1 | -5.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 31.1 | 30.6 | 32.8 | 45.5 | 13.5% |
Top Suppliers of Dried or Salted Fish to Russia in 2022:
- Vietnam (10.1K tons)
- Belarus (3.7K tons)
- Kazakhstan (2.1K tons)
- China (1.7K tons)
- Thailand (1.0K tons)
Exports of Dried or Salted Fish in Russia
In 2022, the amount of dried or salted fish exported from Russia skyrocketed to 5.5K tons, surging by 28% on 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, dried or salted fish exports surged to $25M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Dried or Salted Fish in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 2.0 | 2.0 | 8.8 | 20.1 | 115.8% |
Belarus | 8.1 | 8.4 | 7.2 | 3.7 | -23.0% |
United States | 0.8 | 0.8 | 1.1 | 0.4 | -20.6% |
Ukraine | 0.9 | 0.8 | 1.3 | 0.3 | -30.7% |
Turkmenistan | N/A | N/A | N/A | 0.2 | 0% |
Kazakhstan | 0.7 | 0.9 | 1.0 | 0.1 | -47.7% |
China | 1.0 | 0.5 | 0.2 | N/A | -55.3% |
Georgia | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Others | 0.6 | 0.6 | 1.1 | 0.2 | -30.7% |
Total | 14.3 | 14.1 | 20.8 | 25.1 | 20.6% |
Top Export Markets for Dried or Salted Fish from Russia in 2022:
- Portugal (4421.7 tons)
- Belarus (630.8 tons)
- Turkmenistan (175.8 tons)
- Ukraine (117.2 tons)
- United States (50.3 tons)
- Kazakhstan (21.5 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, 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
-
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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