Report Update Nov 1, 2024

Russian Federation - Anchovies (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in the Russian Federation

After two years of decline, the Russian preserved anchovies market increased by 6.2% to $X in 2021. Over the period under review, consumption continues to indicate a noticeable setback. Preserved anchovies consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Preserved Anchovies Production in the Russian Federation

In value terms, preserved anchovies production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 when the production volume increased by 18%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Preserved Anchovies Exports

Exports from the Russian Federation

In 2021, after two years of decline, there was significant growth in overseas shipments of anchovies (prepared or preserved), when their volume increased by 69% to X tons. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 356%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, preserved anchovies exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 282%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for preserved anchovies exports from Russia, with a 92% share of total exports. Moreover, preserved anchovies exports to Belarus exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Belarus totaled +38.4%.

In value terms, Belarus ($X) remains the key foreign market for anchovies (prepared or preserved) exports from Russia, comprising 97% of total exports. The second position in the ranking was held by China ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belarus totaled +30.4%.

Export Prices by Country

The average preserved anchovies export price stood at $X per ton in 2021, with a decrease of -12.7% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2014 an increase of 28% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+0.1%), while the prices for the other major destinations experienced a decline.

Preserved Anchovies Imports

Imports into the Russian Federation

In 2021, supplies from abroad of anchovies (prepared or preserved) increased by 50% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, recorded a mild slump. The pace of growth was the most pronounced in 2013 when imports increased by 140%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved anchovies imports soared to $X in 2021. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2013 when imports increased by 101%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main preserved anchovies supplier to Russia, with a 98% share of total imports. It was followed by Vietnam (X tons), with a 1.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +7.0%.

In value terms, Italy ($X) constituted the largest supplier of anchovies (prepared or preserved) to Russia, comprising 99% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 0.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +10.1%.

Import Prices by Country

The average preserved anchovies import price stood at $X per ton in 2021, growing by 4.2% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 88% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Vietnam amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies consumption in 2021 were China, the United States and India, with a combined 27% share of global consumption. These countries were followed by Japan, Pakistan, Germany, Brazil, Russia, Indonesia, Nigeria, Italy, the UK and Bangladesh, which together accounted for a further 26%.

What are the largest producers of anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies production in 2021 were China, the United States and India, with a combined 27% share of global production. These countries were followed by Japan, Pakistan, Brazil, Germany, Russia, Indonesia, Nigeria, Bangladesh, the UK and Mexico, which together accounted for a further 26%.

What are the leading suppliers of anchovies (prepared or preserved) to the Russian Federation?

In value terms, Italy constituted the largest supplier of preserved anchovies to Russia.

What are the leading importers of anchovies (prepared or preserved) from the Russian Federation?

In value terms, Belarus, Ukraine and Kazakhstan constituted the largest markets for preserved anchovies exported from Russia worldwide, together comprising 89% of total exports. These countries were followed by Kyrgyzstan and Armenia, which together accounted for a further 11%.

What is the average export price for anchovies (prepared or preserved) in the Russian Federation?

The average preserved anchovies export price stood at $7,980 per ton in 2021, surging by 5.2% against the previous year.

What is the average import price for anchovies (prepared or preserved) in the Russian Federation?

In 2021, the average preserved anchovies import price amounted to $10,117 per ton, picking up by 4.2% against the previous year.

This report provides an in-depth analysis of the preserved anchovies 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 2030.

Product coverage:

Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)

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
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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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023