Price for Smoked Fish, Incl. Fillets in Azerbaijan - 2023
Contents:
- Price for Smoked Fish, Incl. Fillets in Azerbaijan (CIF) - 2022
- Imports of Smoked Fish, Incl. Fillets in Azerbaijan
Price for Smoked Fish, Incl. Fillets in Azerbaijan (CIF) - 2022
The average smoked fish, incl. fillets import price stood at $16,010 per ton in 2022, with an increase of 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the maximum at $25,684 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($24,319 per ton), while the price for Russia ($6,646 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Smoked Fish, Incl. Fillets in Azerbaijan
In 2022, approx. 14 tons of smoked fish, incl. fillets were imported into Azerbaijan; with an increase of 32% against the year before. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, smoked fish, incl. fillets imports soared to $230K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Smoked Fish, Incl. Fillets in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 75.7 | 75.1 | 79.6 | 110 | 13.3% |
| Ukraine | 7.9 | N/A | 51.6 | 96.1 | 130.0% |
| Norway | N/A | N/A | N/A | 11.1 | 0% |
| Lithuania | N/A | 4.2 | 10.8 | 6.6 | 25.4% |
| Russia | 13.2 | 19.0 | 8.7 | 2.9 | -39.7% |
| Others | 9.8 | 18.1 | 8.1 | 3.4 | -29.7% |
| Total | 107 | 116 | 159 | 230 | 29.1% |
Top Suppliers of Smoked Fish, Incl. Fillets to Azerbaijan in 2022:
- Belarus (7.1 tons)
- Ukraine (5.7 tons)
- Norway (0.7 tons)
- Russia (0.4 tons)
- Lithuania (0.3 tons)
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