Report Update: May 1, 2024

Ukraine - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights

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Price for Dried or Salted Fish in Ukraine - 2023

Price for Dried or Salted Fish in Ukraine (CIF) - 2023

The average dried or salted fish import price stood at $2,043 per ton in August 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 24% month-to-month. As a result, import price reached the peak level of $2,625 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Kazakhstan ($4,350 per ton), while the price for the UK ($1,892 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dried or Salted Fish in Ukraine (FOB) - 2023

In August 2023, the average dried or salted fish export price amounted to $7,730 per ton, shrinking by -5% against the previous month. Overall, export price indicated perceptible growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, dried or salted fish export price decreased by -12.5% against May 2023 indices. The pace of growth was the most pronounced in March 2023 when the average export price increased by 77% m-o-m. Over the period under review, the average export prices attained the maximum at $8,838 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($10,501 per ton), while the average price for exports to the Czech Republic ($6,284 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried or Salted Fish in Ukraine

In 2022, after three years of growth, there was significant decline in supplies from abroad of dried or salted fish, when their volume decreased by -34.8% to 6.3K tons. In general, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 9.6K tons, and then declined notably in the following year.

In value terms, dried or salted fish imports shrank notably to $11M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $13M, and then reduced remarkably in the following year.

Import of Dried or Salted Fish in Ukraine (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	6.9	8.1	8.9	7.7	3.7%
United Kingdom	1.5	1.0	1.4	1.2	-7.2%
Belarus	0.7	1.0	2.0	0.8	4.6%
Kazakhstan	0.1	0.5	0.7	0.7	91.3%
Others	0.2	0.3	0.3	0.1	-20.6%
Total	9.5	11.0	13.3	10.6	3.7%

Top Suppliers of Dried or Salted Fish to Ukraine in 2022:

Norway (4.0K tons)
Belarus (1.3K tons)
United Kingdom (0.7K tons)
Kazakhstan (0.2K tons)

Exports of Dried or Salted Fish in Ukraine

Dried or salted fish exports from Ukraine skyrocketed to 291 tons in 2022, increasing by 19% on the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, dried or salted fish exports skyrocketed to $1.7M in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Dried or Salted Fish in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	N/A	33.9	132	504	285.6%
Germany	333	293	443	451	10.6%
United States	111	197	152	223	26.2%
Czech Republic	N/A	N/A	N/A	189	0%
Moldova	194	150	180	169	-4.5%
Estonia	48.9	76.6	153	56.4	4.9%
Canada	38.2	18.7	117	46.8	7.0%
Israel	88.8	44.0	51.0	8.3	-54.6%
Georgia	75.9	1.7	1.9	0.6	-80.1%
Romania	N/A	9.5	N/A	N/A	0%
Others	51.7	11.0	11.8	37.3	-10.3%
Total	941	835	1,242	1,686	21.5%

Top Export Markets for Dried or Salted Fish from Ukraine in 2022:

Poland (90.4 tons)
Germany (82.4 tons)
Moldova (34.6 tons)
Czech Republic (30.0 tons)
United States (28.1 tons)
Estonia (9.2 tons)
Canada (7.7 tons)
Israel (2.8 tons)
Georgia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for dried or salted fish in Ukraine. 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 2030.

Product coverage:

Prodcom 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023