Investor Presentaiton
Domestic Fish Market
The monthly dynamics of imports and sales of Atlantic salmon in 2021 is in line with long-
term market observations: significant part of imports and sales at the beginning
of the year were followed by a subsequent decline from May to August and a peak
by the New Year holidays.
Harvesting (catch) of aquatic bioresources | thous. t
Source: Rosrybolovstvo (Federal Agency for Fishery)
Imports of fish products | thous. t
In 2021, the salmon market in Russia saw
an unprecedented increase of 29% against 2020.
Given there are barriers for the purchase of chilled
products from Norwegian producers, fisheries
of the Faroe Islands remain exclusive on the Russian
market and sell their products at a premium over
the global average price.
1.5%
2021
2020
2019
2018
2017
Source: Rosrybolovstvo, Eurasian Economic Commission
16.4%
5,050
2021
4,975
2020
4,998
2019
5,054
2018
4,890
2017
575
494
534
492
515
152
thous. t
29%
salmon fish market in the Russian
Federation in 2021
According to the Federal Agency for Fishery, the volume
of harvesting (catching) of aquatic biological resources
in Russia totalled 5,050 thousand t in 2021.
According to Rosrybolovstvo, imports of fish, fish
products and seafood grew in 2021 year compares
to the previous year and amounted to 575 thousand t.
Salmon fish sales in the Russian Federation | thous. t
Source: the Company
Exports of fish products | thous. t
Source: Rosrybolovstvo, Eurasian Economic Commission
7.3%
2021
2020
2019
2018
2017
Imports of fish products | USD mln
Source: Rosrybolovstvo, Eurasian Economic Commission
25.6%
2,042
2021
2,202
2020
2,078
2019
2,217
2018
2,122
2017
17.6
15.2
14.2
13.3
12.7 12.3
11.4
13.1
11.7
10.5
11.2
10.4
10.3
10.0 8.8
9.1
8.7
8.0
7.9
6.6
6.0
5.0
19.8
15.2
2,113
Jan
Feb Mar Apr May June July Aug Sep
Oct
Nov Dec Jan Feb Mar Apr May June July Aug
Sep Oct Nov Dec
1,682
2020
2021
1,797
1,802
1,626
PJSC Russian Aquaculture
Import and other Russian producers (chilled)
Import and other Russian producers (fresh-frozen)
According to Rosrybolovstvo, exports of fish, fish
products and seafood decreased by 160 thousand
t (down by 7.3%) in 2021 year compared to 2020
and amounted to 2,042 thousand t.
In monetary terms, the 2021 imports amounted
to USD 2,113 million, an increase of 26% compared
to 2020.
Salmon fish market in the Russian Federation | thous. t
Source: the Company
2021
27
2020
14
25
2019
16
20
2018
5
24
2017
9
22
PJSC Russian Aquaculture
Import and other Russian producers (chilled)
Import and other Russian producers (fresh-frozen)
16
PJSC Russian Aquaculture | Annual Report 2021
38
Average prices | RUB/kg (VAT excl.)
Source: the Company
800
700
598 586
569
583
524
600
486
489
500
472
87
152
400
79 117
300
77 112
200
78 108
Jan Feb Mar Apr May June July
54 85
2020
601 600
546
513 518
506
500
488
639
603 597
595 601 610 618
677
Aug Sep Oct Nov
Dec Jan Feb Mar Apr
May June July Aug Sep Oct Nov Dec
PJSC Russian Aquaculture
Import and other Russian producers (chilled)
Import and other Russian producers (fresh-frozen)
FishPool
www.russaquaculture.ru/en/
2021
17
About the CompanyView entire presentation