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Russian Federation - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRussian Federation: Frozen Atlantic Halibut Market 2022
Frozen Atlantic Halibut Market Size in the Russian Federation
The Russian frozen atlantic halibut market reduced notably to $X in 2020, shrinking by -X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then declined markedly in the following year.
Frozen Atlantic Halibut Production in the Russian Federation
In value terms, frozen atlantic halibut production dropped to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Frozen atlantic halibut production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.
Frozen Atlantic Halibut Exports
Exports from the Russian Federation
In 2020, approx. X tons of frozen atlantic halibut were exported from Russia; with an increase of X% against 2019. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.
In value terms, frozen atlantic halibut exports amounted to $X in 2020. In general, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.
Exports by Country
China (X tons), South Korea (X tons) and Japan (X tons) were the main destinations of frozen atlantic halibut exports from Russia, with a combined X% share of total exports.
From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan, while exports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), South Korea ($X) and Japan ($X) were the largest markets for frozen atlantic halibut exported from Russia worldwide, with a combined X% share of total exports.
Among the main countries of destination, China saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2020, the average frozen atlantic halibut export price amounted to $X per ton, waning by -X% against the previous year. Overall, export price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen atlantic halibut export price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.
Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.
Frozen Atlantic Halibut Imports
Imports into the Russian Federation
In 2020, overseas purchases of frozen atlantic halibut decreased by -X% to X kg, falling for the seventh year in a row after two years of growth. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. from 2014 to 2020, the growth imports failed to regain the momentum.
In value terms, frozen atlantic halibut imports shrank remarkably to $X in 2020. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.
Imports by Country
Norway (X tons), Canada (X tons) and Iceland (X tons) were the main suppliers of frozen atlantic halibut imports to Russia, together accounting for X% of total imports. These countries were followed by Greenland, Belarus, Denmark and Estonia, which together accounted for a further X 2007 to 2019, the biggest increases were in Belarus, while purchases for the other leaders experienced more modest paces of growth.
In value terms, Norway ($X) constituted the largest supplier of frozen atlantic halibut to Russia, comprising X% of total imports. The second position in the ranking was occupied by Iceland ($X), with a X% share of total imports. It was followed by Greenland, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from Norway stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (+X% per year) and Greenland (-X% per year).
Import Prices by Country
The average frozen atlantic halibut import price stood at $X per ton in 2019, picking up by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2019 and is likely to see steady growth in the immediate term.
Prices varied noticeably by the country of origin; the country with the highest price was Iceland ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Iceland, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen atlantic halibut market 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 2025.
Product coverage:
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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