Belarus - Frozen Atlantic Halibut - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Atlantic Halibut Price in Belarus - 2022
Contents:
- Frozen Atlantic Halibut Price in Belarus (CIF) - 2022
- Frozen Atlantic Halibut Price in Belarus (FOB) - 2022
- Frozen Atlantic Halibut Imports in Belarus
- Frozen Atlantic Halibut Exports in Belarus
Frozen Atlantic Halibut Price in Belarus (CIF) - 2022
The average frozen atlantic halibut import price stood at $7,400 per ton in 2022, surging by 3.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 54% against the previous year. Over the period under review, average import prices attained the maximum at $9,075 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iceland ($15,247 per ton), while the price for Lithuania ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+45.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Atlantic Halibut Price in Belarus (FOB) - 2022
In 2022, the average frozen atlantic halibut export price amounted to $16,294 per ton, reducing by -6.2% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 73%. Over the period under review, the average export prices hit record highs at $17,379 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +21.8% per year.
Frozen Atlantic Halibut Imports in Belarus
In 2022, overseas purchases of frozen atlantic halibut decreased by -74.2% to 32 tons, falling for the second year in a row after two years of growth. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of 132 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen atlantic halibut imports reduced sharply to $240K in 2022. Over the period under review, imports recorded a precipitous shrinkage. The smallest decline of -2.1% was in 2021.
| Import of Frozen Atlantic Halibut in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 274 | 282 | 265 | 121 | -23.8% |
| Iceland | 570 | 482 | 511 | 62.6 | -52.1% |
| Norway | 117 | 100 | 113 | 51.4 | -24.0% |
| Lithuania | 13.0 | 13.8 | 11.3 | 4.8 | -28.3% |
| Others | N/A | 41.7 | N/A | N/A | 0% |
| Total | 974 | 920 | 900 | 240 | -37.3% |
Top Suppliers of Frozen Atlantic Halibut to Belarus in 2022:
- Lithuania (14.1 tons)
- Russia (10.5 tons)
- Iceland (4.1 tons)
- Norway (3.7 tons)
Frozen Atlantic Halibut Exports in Belarus
In 2022, shipments abroad of frozen atlantic halibut was finally on the rise to reach 16 tons after two years of decline. Over the period under review, exports, however, saw a perceptible setback.
In value terms, frozen atlantic halibut exports fell to $265K in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 9.5% against the previous year.
| Export of Frozen Atlantic Halibut in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 231 | 253 | 277 | 265 | 4.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 231 | 253 | 277 | 265 | 4.7% |
Top Export Markets for Frozen Atlantic Halibut from Belarus in 2022:
- Russia (16.3 tons)
This report provides an in-depth analysis of the frozen atlantic halibut market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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