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Russian Federation - Flours, Meals and Pellets of Fish or of Crustaceans and Molluscs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024
Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in the Russian Federation
In 2023, the Russian seafood meals and pellets market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt curtailment. Seafood meals and pellets consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.
Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in the Russian Federation
In value terms, seafood meals and pellets production stood at $X in 2023 estimated in export price. Overall, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Seafood meals and pellets production peaked in 2023 and is likely to see steady growth in years to come.
Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Exports from the Russian Federation
In 2023, the amount of flours, meals and pellets of fish or of crustaceans and molluscs exported from Russia expanded notably to X tons, with an increase of X% against the year before. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
In value terms, seafood meals and pellets exports soared to $X in 2023. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2023 and are likely to continue growth in the immediate term.
Exports by Country
China (X tons) was the main destination for seafood meals and pellets exports from Russia, with a X% share of total exports. It was followed by Japan (X tons), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Turkey (X% per year).
In value terms, China ($X) remains the key foreign market for flours, meals and pellets of fish or of crustaceans and molluscs exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Turkey (X% per year).
Export Prices by Country
The average seafood meals and pellets export price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs
Imports into the Russian Federation
In 2023, seafood meals and pellets imports into Russia totaled X tons, growing by X% against the year before. In general, imports, however, saw a sharp downturn. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, seafood meals and pellets imports surged to $X in 2023. Over the period under review, imports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Armenia (X tons) was the main supplier of seafood meals and pellets to Russia, with a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from Armenia stood at X%.
In value terms, Armenia ($X) constituted the largest supplier of flours, meals and pellets of fish or of crustaceans and molluscs to Russia.
From 2012 to 2023, the average annual growth rate of value from Armenia stood at X%.
Import Prices by Country
In 2023, the average seafood meals and pellets import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, seafood meals and pellets import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Armenia.
From 2012 to 2023, the rate of growth in terms of prices for the UK amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
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
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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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