CIS: Frozen Freshwater Fish Market 2024

Frozen Freshwater Fish Market Size in CIS

The CIS frozen freshwater fish market dropped to $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Freshwater Fish Production in CIS

In value terms, frozen freshwater fish production declined to $X in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Frozen Freshwater Fish Exports

Exports in CIS

In 2022, the amount of frozen freshwater fish exported in the CIS fell sharply to X tons, dropping by X% against the previous year's figure. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen freshwater fish exports shrank markedly to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Kazakhstan (X tons) represented the key exporter of frozen freshwater fish, comprising X% of total exports. It was distantly followed by Russia (X tons), making up a X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the frozen freshwater fish exports, with a CAGR of X% from 2012 to 2022. Belarus experienced a relatively flat trend pattern. Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Russia ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a mild slump. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the export price figures.

Frozen Freshwater Fish Imports

Imports in CIS

After two years of growth, overseas purchases of frozen freshwater fish decreased by X% to X tons in 2022. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, frozen freshwater fish imports shrank notably to $X in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the largest importer of frozen freshwater fish, creating X% of total imports. Azerbaijan (X tons) ranks second in terms of the total imports with an X% share, followed by Uzbekistan (X%) and Kazakhstan (X%). Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to frozen freshwater fish imports into Russia stood at X%. At the same time, Moldova (X%), Uzbekistan (X%), Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Azerbaijan (X p.p.), Uzbekistan (X p.p.), Moldova (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported frozen freshwater fish in the CIS, comprising X% of total imports. The second position in the ranking was taken by Azerbaijan ($X), with an X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Azerbaijan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, surging by X% against the previous year. Import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen freshwater fish import price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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