Overview of freshfrozen fish market of Saint Petersburg and other regions as per mid-January 2008

January 16, 2008 12:52
Summing up for the year 2007 it is worth noting that in the seafood industry as in the whole country the consolidation is being observed, with small processors and companies failing to compete with global operators forced to withdraw from the market.

The Government has been increasingly strengthening its control of fishing, checking the quantity and quality of caught fish and other aquatic products. As a result, fish trade is becoming more or less civilized, trading sources in Saint-Petersburg (Russia's main entry port for seafood imports) told http://www.fishnet-russia.com/ (https://www.fishnet.ru/).

Growing world prices on the fuel market have led not only to the rise of prices for imported fish products (what is natural) but also to the rise of prices for seafood of Russian origin as the fish being left on the domestic market could be potentially exported at the higher prices, so the companies had to push them up. The outlook for future is thus for all fish products to go up in price as in line with all food stuffs.

As for the current situation on the fish market on the threshold of the New Year celebrations the sales were good, but in January they are traditionally slow as new import permits haven't been granted yet and though Russian fleets have left for the grounds the first catches haven't been landed yet. As per mid-January 2008 the prices for new catches haven't been formed and prices ex-coldstore are practically the same.

Freshfrozen herring

As per mid-January 2008 the Norwegian traders generally offer herring from RUB24.00 per kilo for the size 200-300 and from RUB26.00 for the size 300+.

Norwegian freshfrozen herring of the size 350+ from the October harvest is offered from RUB34.00 to RUB35.00 per kilo, freshfrozen herring of the size 400+ is marketed from RUB43.00 per kilo.

Baltic herring, Baltic sprat

The market supply of high quality Baltic sprat remains low with the Baltic fish prices being from RUB19.00 per kilo. The Finnish herring for the size 12-15 cm is offered from RUB20.00 per kilo and for the size 15-17 cm - from RUB22.00 per kilo.

Mackerel

Freshfrozen mackerel head-on is sold from RUB63.00 per kilo of the size 400-600 and the same product from Scotland is offered from RUB59.00.

Hake

Freshfrozen Canadian hake 300-500 has gone up in price to RUB65.00 per kilo as per 15 January 2008.

Atlantic Cod

Freshfrozen headed cod 1.5-2 is sold from RUB80.00 per kilo.

Squid

Russian Far East squid is offered at RUB90.00-100.00 per kilo, while Argentinean squid of approximately the same quality is priced up to RUB60.00-65.00 per kilo. Chilean squid has appreciated from RUB40.00 to 50.00-55.00 per kilo.

Salmon

Before the New Year celebrations the prices for salmon/trout increased slightly.

Freshfrozen Norwegian Atlantic salmon 8-9 SUPER is offered from RUB185.00 per kilo.

Freshfrozen Norwegian Atlantic salmon 7-8 gutted SUPER is traded from RUB178.00 per kilo.

Freshfrozen Norwegian trout headed 1.7-2.7 is marketed from RUB150.00 per kilo.

Wholesale prices ex-coldstore in Saint Petersburg, dateline 15 January 2008

Product

Price ex-coldstore/vessel, RUB per kilo

Herring 350+

35.00

Herring 400+

43.00

Freshfrozen Pink salmon, head-on gutted, 22 kilo box

54.00

Freshfrozen Spotted sea cat, headed, Murmansk

89.00

Freshfrozen Blue sea cat, Murmansk

58.50

Freshfrozen Squid tubes, Nakhodka

99.00

Freshfrozen Chum salmon head-on gutted

71.00

Freshfrozen Alaska pollock headed 30+, 22 kilo box

48.50

Freshfrozen Capelin 40-50, Iceland

from 28.00

Freshfrozen Pangasius, HGT, Vietnam

68.00

Freshfrozen Haddock headed, 1-, Murmansk

64.00

Freshfrozen Blue whiting, n4, Murmansk

33.50

Wholesale prices ex-coldstore in Vladivostok, dateline 15 January 2008

Product

Price ex-coldstore, RUB per kilo

Freshfrozen Pink salmon (silverside) head-on gutted

38.00

Freshfrozen Chum salmon (silverside) head-on gutted

45.00

Whitebelly sole

23.00

Cod headed S, M, L

69.00

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