Price for Fish fillets; frozen, flat fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia - 2022

Contents:

1. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia (CIF) - 2022
2. Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia (FOB) - 2022
3. Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia
4. Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s amounted to $2,348 per ton, with an increase of 8.3% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 30% against the previous year. The import price peaked at $3,918 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +1.6% per year.

Price for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia (FOB) - 2022

The average export price for fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s stood at $4,146 per ton in 2022, with a decrease of -9.6% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 9.8%. Over the period under review, the average export prices reached the maximum at $10,233 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,398 per ton), while the average price for exports to South Korea ($2,802 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 South Korea (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia

After three years of growth, purchases abroad of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s decreased by -19% to 1.2K tons in 2022. Over the period under review, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 61%. As a result, imports attained the peak of 1.5K tons, and then dropped remarkably in the following year.

In value terms, imports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s fell to $2.8M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +33.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $3.2M, and then contracted in the following year.

Top Suppliers of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) to Russia in 2022:

1. China (1211.2 tons)

Exports of Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) in Russia

Exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s from Russia declined to 59 tons in 2022, falling by -14.8% on the previous year. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 156% against the previous year.

In value terms, exports of fish fillets; frozen, flat fish (pleuronectidae, bothidae, cynoglossidae, soleidae, scophthalmidae and citharidae)s declined dramatically to $246K in 2022. Over the period under review, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 85% against the previous year.

Top Export Markets for Fish Fillets; Frozen, Flat Fish (Pleuronectidae, Bothidae, Cynoglossidae, Soleidae, Scophthalmidae and Citharidae) from Russia in 2022:

1. Japan (41.7 tons)
2. South Korea (11.9 tons)
3. United States (3.3 tons)

Source: IndexBox Market Intelligence Platform