Developments in key markets for fish products from Russian and American Pacific fisheries as per mid-January 2012
American pollock fishery has not started yet, while more than 50,000 MT taken in Russia in difficult fishing conditions. Possibly, the whole season will run fast in Russia because of favourable market situation, reports http://www.megafishnet.com/ with reference to Russian, American and Japanese sources.
Surimi
Chinese export statistics for November make experts think that both inventory and capacity of Chinese processors are insufficient. In this situation a new Pacific Andes project of surimi production looks very interesting. Possibly there is no direct relation, but the market specialists discuss raw material shortage for quite a long time.
As for export surimi to Russia it's worth mentioning low pricing and high volume. Average November price was $3.15 / kg, i.e. 15% lower than a year before, though YTD average reached $5.50 (13% growth). At the same time, November surimi export to Russia from China only was 580 MT (5% more than 2010), while YTD volume reached 6,150 MT (37% more). Total value of the product exported to Russia was $M33.9 - 54% growth.
It's interesting that Chinese surimi export to Ukraine developed even faster. Jan-Nov sales made 1,550 MT - more than $M9.00, 135% growth in volume, 89% growth in price ($5.85 / kg), 4.5 times growth of value. Russia and Ukraine were the fastest developed export directions in 2011.
Crabs
While prospects of frozen crab market are discussed at Alaska, supply of Russian live opilio to China has decreased. Jan-Nov 2011 import was just 7,200 MT, 37% less than 2010. I.e. supply was cut 4,200 MT
|
Chinese import of frozen crab in 2010-2011 |
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|
- |
Russia |
Japan |
USA |
Canada |
||||
|
MT |
US$/kg |
MT |
US$/kg |
MT |
US$/kg |
MT |
US$/kg |
|
|
2010 |
||||||||
|
September |
101 |
2.34 |
124 |
2.50 |
51 |
2.02 |
1158 |
3.44 |
|
October |
294 |
2.23 |
141 |
3.82 |
39 |
2.03 |
202 |
2.80 |
|
November |
161 |
2.31 |
14 |
13.94 |
105 |
1.71 |
170 |
3.41 |
|
Total |
2493 |
2.31 |
711 |
3.23 |
3873 |
3.20 |
12489 |
4.24 |
|
Great Total |
2543 |
2.32 |
711 |
3.23 |
3894 |
3.21 |
12643 |
4.22 |
|
2011 |
||||||||
|
September |
87 |
5.50 |
14 |
5.06 |
30 |
3.67 |
1113 |
6.81 |
|
October |
586 |
5.20 |
34 |
1.28 |
5 |
40.31 |
302 |
6.01 |
|
November |
254 |
3.46 |
8 |
14.04 |
40 |
16.01 |
174 |
10.38 |
|
Total |
2203 |
5.65 |
318 |
3.22 |
3552 |
8.28 |
11550 |
6.82 |
|
Average price CIF |
||||||||
Salmon
Chinese salmon import developed very quickly last autumn. Both Russian and American supply was very active. It overcame shortage of Japanese chum, and this could make Japanese producers' life difficult in 2012.
|
Frozen Pacific salmon import to China in 2010-2011 |
||||||||
|
- |
Russia |
USA |
Japan |
total |
||||
|
MT |
US$/kg |
MT |
US$/kg |
MT |
US$/kg |
MT |
US$/kg |
|
|
2010 |
||||||||
|
September |
11595 |
2.58 |
27296 |
2.95 |
79 |
7.28 |
39475 |
2.86 |
|
October |
9870 |
2.74 |
13834 |
3.03 |
8057 |
3.48 |
32189 |
3.06 |
|
November |
6140 |
2.64 |
3326 |
3.28 |
15694 |
3.64 |
25828 |
3.38 |
|
Total |
29521 |
2.67 |
56926 |
2.97 |
43490 |
3.03 |
137871 |
2.97 |
|
Grand Total |
37805 |
2.69 |
59112 |
2.99 |
50144 |
3.10 |
156064 |
3.00 |
|
2011 |
||||||||
|
September |
33529 |
2.70 |
37133 |
3.02 |
25 |
4.62 |
71116 |
2.87 |
|
October |
21288 |
2.83 |
21203 |
3.20 |
440 |
3.81 |
44922 |
3.00 |
|
November |
15059 |
2.89 |
2401 |
3.50 |
3475 |
3.77 |
23056 |
3.03 |
|
Total |
88896 |
2.77 |
77154 |
3.13 |
10312 |
3.20 |
188627 |
3.00 |
|
1 - average import price CIF; 2 - "Total" includes Canada, Chile, and other sources. |
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In fact, total Chinese import of salmon increased 37% (50.8 th MT) and reached 188.6 th MT. It happened because of record high import of Russian frozen pink.
Russian deliveries continued in November and later on though fishing season was closed in September. It is related not only with planned supply, but with heavy bargaining. Total volume of Russian salmon export to China Jul-Nov comprised 82.5 th MT (184% growth). The volume increased even comparing with record high 2009 by 9.5 th MT. There is opinion that it was related to good demand in Europe where buyers believe that value for money is very good in the case.