Russian Federation: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in the Russian Federation

In 2020, the Russian frozen salmonoids market increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Frozen Salmonoids Production in the Russian Federation

In value terms, frozen salmonoids production declined significantly to $X in 2020 estimated in export prices. In general, the total production indicated moderate growth from 2007 to 2020: its value 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, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Frozen salmonoids production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Frozen Salmonoids Exports

Exports from the Russian Federation

In 2020, after two years of growth, there was significant decline in shipments abroad of frozen salmonoids, when their volume decreased by -X% to X tons. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked at X tons in 2019, and then dropped remarkably in the following year.

In value terms, frozen salmonoids exports reduced sharply to $X in 2020. In general, exports recorded a noticeable slump. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then contracted remarkably in the following year.

Exports by Country

Ukraine (X tons), Belarus (X tons) and Kazakhstan (X tons) were the main destinations of frozen salmonoids exports from Russia, together accounting for X% of total exports. These countries were followed by Kyrgyzstan and China, which together accounted for a further X 2007 to 2020, the biggest increases were in Kyrgyzstan, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Belarus ($X) and Kazakhstan ($X) constituted the largest markets for frozen salmonoids exported from Russia worldwide, with a combined X% share of total exports. These countries were followed by Kyrgyzstan and China, which together accounted for a further X the main countries of destination, Kyrgyzstan recorded the highest growth rate of 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 salmonoids export price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price, however, saw a notable expansion. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Ukraine ($X per ton), while the average price for exports to China ($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 Kyrgyzstan, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into the Russian Federation

In 2020, approx. X tons of frozen salmonoids were imported into Russia; with a decrease of -X% against the previous year's figure. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, frozen salmonoids imports reduced rapidly to $X in 2020. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main frozen salmonoids supplier to Russia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of frozen salmonoids to Russia.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

In 2020, the average frozen salmonoids import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

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