Russian Federation: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in the Russian Federation

The Russian market for frozen atlantic salmon and danube salmon fell to $X in 2021, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from the Russian Federation

In 2021, approx. X tons of frozen atlantic salmon and danube salmon were exported from Russia; with an increase of X% against the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of frozen atlantic salmon and danube salmon skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Ukraine (X tons) and Kazakhstan (X tons) were the main destinations of exports of frozen atlantic salmon and danube salmon from Russia, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Kazakhstan (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Ukraine ($X) and Kazakhstan ($X) constituted the largest markets for frozen atlantic salmon and danube salmon exported from Russia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +X%, recorded 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

The average export price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for frozen atlantic salmon and danube salmon increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into the Russian Federation

In 2021, the amount of frozen atlantic salmon and danube salmon imported into Russia shrank to X tons, reducing by -X% compared with 2020. Overall, total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of frozen atlantic salmon and danube salmon contracted to $X in 2021. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Chile (X tons) was the main supplier of frozen atlantic salmon and danube salmon to Russia, accounting for a X% share of total imports. Moreover, imports of frozen atlantic salmon and danube salmon from Chile exceeded the figures recorded by the second-largest supplier, Faroe Islands (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile amounted to +X%.

In value terms, Chile ($X) constituted the largest supplier of frozen atlantic salmon and danube salmon to Russia, comprising X% of total imports. The second position in the ranking was taken by Faroe Islands ($X), with a X% share of total imports.

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

Import Prices by Country

In 2021, the average import price for frozen atlantic salmon and danube salmon amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Faroe Islands ($X per ton), while the price for Chile totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%).

Source: IndexBox Platform

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