Live Fish Price in Russia - 2022
Contents:
- Live Fish Price in Russia (CIF) - 2022
- Live Fish Price in Russia (FOB) - 2022
- Live Fish Imports in Russia
- Live Fish Exports in Russia
Live Fish Price in Russia (CIF) - 2022
The average live fish import price stood at $105,816 per ton in 2022, surging by 485% against the previous year. Overall, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($132,110 per ton), while the price for China ($11,980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Live Fish Price in Russia (FOB) - 2022
The average live fish export price stood at $1,371 per ton in 2022, increasing by 3% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices attained the maximum at $6,542 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,882 per ton), while the average price for exports to Ukraine totaled $1,241 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-3.5%), while the prices for the other major destinations experienced a decline.
Live Fish Imports in Russia
After three years of growth, purchases abroad of live fish decreased by -84.5% to 303 tons in 2022. In general, imports showed a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year.
In value terms, live fish imports contracted to $32M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 33%.
| Import of Live Fish in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 0.1 | 0.3 | 0.8 | 13.0 | 406.6% |
| Belarus | 0.5 | 0.6 | 0.9 | 7.9 | 150.9% |
| Thailand | 0.2 | 0.2 | 0.2 | 2.9 | 143.8% |
| Indonesia | 0.2 | 0.1 | 0.2 | 2.5 | 132.1% |
| Sri Lanka | 0.1 | 0.1 | 0.1 | 2.2 | 180.2% |
| Singapore | 0.1 | 0.1 | 0.1 | 1.7 | 157.1% |
| China | 0.5 | 0.3 | N/A | 0.7 | 11.9% |
| Norway | 17.8 | 23.7 | 31.0 | N/A | 32.0% |
| Finland | 1.2 | 1.7 | 2.0 | N/A | 29.1% |
| Denmark | 0.3 | 1.5 | N/A | N/A | 400.0% |
| Others | 0.4 | 0.1 | 0.1 | 1.2 | 44.2% |
| Total | 21.6 | 28.7 | 35.4 | 32.1 | 14.1% |
Top Suppliers of Live Fish to Russia in 2022:
- Armenia (100.7 tons)
- Belarus (61.4 tons)
- China (60.4 tons)
- Thailand (21.7 tons)
- Indonesia (18.8 tons)
- Sri Lanka (17.0 tons)
- Singapore (13.7 tons)
Live Fish Exports in Russia
In 2022, after two years of decline, there was significant growth in overseas shipments of live fish, when their volume increased by 9.2% to 795 tons. Over the period under review, exports, however, recorded a perceptible reduction.
In value terms, live fish exports rose notably to $1.1M in 2022. In general, exports, however, showed a deep downturn.
| Export of Live Fish in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 686 | 1,000 | 736 | 785 | 4.6% |
| Kazakhstan | 59.0 | 80.3 | 221 | 305 | 72.9% |
| Azerbaijan | 30.9 | 1.4 | 11.7 | N/A | -38.5% |
| Belarus | 785 | 127 | 0.5 | N/A | -97.5% |
| Others | 16.2 | 1.6 | N/A | N/A | -90.1% |
| Total | 1,577 | 1,211 | 969 | 1,090 | -11.6% |
Top Export Markets for Live Fish from Russia in 2022:
- Ukraine (632.7 tons)
- Kazakhstan (162.1 tons)
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