Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan

Price for Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s amounted to $1,909 per ton, with a decrease of -4.4% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 11%. Over the period under review, average import prices reached the maximum at $2,592 per ton in 2016; however, from 2017 to 2022, 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 Norway.

From 2016 to 2022, the rate of growth in terms of prices for Norway amounted to -5.0% per year.

Imports of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan

After two years of growth, purchases abroad of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s decreased by -9.9% to 5.6 tons in 2022. The total import volume increased at an average annual rate of +6.0% over the period from 2020 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of 6.2 tons, and then fell in the following year.

In value terms, imports of fish fillets; frozen, herrings (clupea harengus, clupea pallasii)s declined to $11K in 2022. The total import value increased at an average annual rate of +9.2% from 2020 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports reached the peak of $12K, and then reduced in the following year.

Import of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) in Azerbaijan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Norway9.05.910.79.0%
IcelandN/A6.5N/A0%
OthersN/AN/AN/A0%
Total9.012.510.79.0%

Top Suppliers of Fish Fillets; Frozen, Herrings (Clupea Harengus, Clupea Pallasii) to Azerbaijan in 2022:

  1. Norway (5.6 tons)

Source: IndexBox Market Intelligence Platform

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