Report Update Nov 1, 2024

CIS - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in CIS

The CIS frozen norway lobster market shrank to $X in 2022, with a decrease of -7% against the previous year. Overall, consumption showed a sharp decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Frozen Norway Lobster Production in CIS

In value terms, frozen norway lobster production dropped sharply to $X in 2022 estimated in export price. Overall, production recorded a precipitous slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15,600% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Frozen Norway Lobster Exports

Exports in CIS

In 2019, after two years of decline, there was decline in overseas shipments of frozen norway lobsters, when their volume decreased by 0% to X kg. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 900% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, frozen norway lobster exports totaled $X in 2019. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2016 with an increase of 7,975% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2019, rising by 21% against the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2016 when the export price increased by 707%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2019, the rate of growth in terms of prices for Russia amounted to -2.3% per year.

Frozen Norway Lobster Imports

Imports in CIS

In 2022, overseas purchases of frozen norway lobsters decreased by -41.1% to X kg, falling for the third year in a row after two years of growth. Overall, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2016 with an increase of 4,384%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen norway lobster imports declined rapidly to $X in 2022. In general, imports saw a dramatic decrease. The growth pace was the most rapid in 2016 with an increase of 5,114%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X kg) represented the main importer of frozen norway lobsters, committing 73% of total imports. Azerbaijan (X kg) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Armenia (9.8%). Kazakhstan (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen norway lobster imports into Russia stood at -24.5%. At the same time, Azerbaijan (+53.6%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +53.6% from 2012-2022. By contrast, Armenia (-7.2%) and Kazakhstan (-27.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Azerbaijan and Armenia increased by +15 and +9.8 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported frozen norway lobsters in the CIS, comprising 82% of total imports. The second position in the ranking was held by Azerbaijan ($X), with an 11% share of total imports. It was followed by Armenia, with a 4.3% share.

In Russia, frozen norway lobster imports decreased by an average annual rate of -23.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Azerbaijan (+42.6% per year) and Armenia (-7.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, growing by 30% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 56%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for norway lobstersi, even smoked, frozen in the CIS?

Russia constituted the country with the largest volume of norway lobstersi, even smoked, frozen consumption, comprising approx. 79% of total volume. Moreover, norway lobstersi, even smoked, frozen consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, eightfold. Uzbekistan ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of norway lobstersi, even smoked, frozen in the CIS?

Russia constituted the country with the largest volume of norway lobstersi, even smoked, frozen production, accounting for 79% of total volume. Moreover, norway lobstersi, even smoked, frozen production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, eightfold. The third position in this ranking was occupied by Uzbekistan, with a 5.2% share.

What are the leading suppliers of norway lobstersi, even smoked, frozen in the CIS?

In value terms, Russia $806) remains the largest norway lobstersi, even smoked, frozen supplier in the CIS.

What are the leading importers of norway lobstersi, even smoked, frozen in the CIS?

In value terms, Russia constitutes the largest market for imported norway lobstersi, even smoked, frozen in the CIS, comprising 71% of total imports. The second position in the ranking was occupied by Moldova, with a 20% share of total imports. It was followed by Uzbekistan, with a 3.3% share.

What is the average export price for norway lobstersi, even smoked, frozen in the CIS?

In 2020, the export price for norway lobstersi, even smoked, frozen in the CIS amounted to $3,224 per ton, shrinking by -91.7% against the previous year.

What is the average import price for norway lobstersi, even smoked, frozen in the CIS?

In 2020, the import price for norway lobstersi, even smoked, frozen in the CIS amounted to $12,932 per ton, which is down by -32.3% against the previous year.

This report provides an in-depth analysis of the frozen norway lobster market in CIS. 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:

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023