Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia - 2022
Contents:
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (FOB) - 2022
- Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (CIF) - 2022
- Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia
- Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (FOB) - 2022
In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $3,991 per ton, reducing by -43% against the previous year. In general, the export price continues to indicate a slight slump. The growth pace was the most rapid in 2018 an increase of 12%. Over the period under review, the average export prices hit record highs at $7,060 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,655 per ton), while the average price for exports to Spain ($2,568 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 Norway (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (CIF) - 2022
In April 2021, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $7,976 per ton, almost unchanged from the previous month. Over the period under review, the import price saw a sharp downturn. As a result, import price reached the peak level of $15,000 per ton. From March 2021 to April 2021, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Norway.
From February 2021 to April 2021, the rate of growth in terms of prices for Norway amounted to 0.0% per month.
Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia
After three years of growth, overseas shipments of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s decreased by -48.8% to 18K tons in 2022. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, the exports attained the peak of 34K tons, and then declined sharply in the following year.
In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s contracted sharply to $70M in 2022. In general, exports faced a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of $239M, and then plummeted in the following year.
| Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 101 | 128 | 167 | 31.0 | -32.5% |
| United Kingdom | 24.4 | 21.9 | 32.9 | 15.7 | -13.7% |
| Lithuania | 13.8 | 12.4 | 13.3 | 14.6 | 1.9% |
| Germany | 1.8 | 3.0 | 2.7 | 6.1 | 50.2% |
| France | 2.2 | 1.8 | 2.1 | 1.2 | -18.3% |
| Spain | N/A | 0.2 | 0.2 | 1.1 | 134.5% |
| United States | 6.5 | 5.2 | 9.9 | N/A | 23.4% |
| Others | 6.3 | 3.5 | 10.8 | 0.1 | -74.9% |
| Total | 157 | 176 | 239 | 69.9 | -23.6% |
Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from Russia in 2022:
- Netherlands (8.2K tons)
- Lithuania (3.6K tons)
- United Kingdom (3.4K tons)
- Germany (1.6K tons)
- Spain (0.4K tons)
- France (0.3K tons)
Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia
In 2022, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into Russia shrank notably to 7.1 tons, reducing by -49.4% compared with the previous year. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 8,769% against the previous year. As a result, imports attained the peak of 14 tons, and then dropped sharply in the following year.
In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s dropped remarkably to $57K in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 4,617% against the previous year. As a result, imports attained the peak of $113K, and then reduced dramatically in the following year.
| Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.4 | 2.4 | 0.1 | 57.4 | 66.7% |
| Norway | N/A | N/A | 112 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.4 | 2.4 | 113 | 57.4 | 66.7% |
Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to Russia in 2022:
- Japan (7.1 tons)
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