Belarus: Market for Dried Or Salted Fish 2022

Market Size for Dried Or Salted Fish in Belarus

In 2021, the Belarusian dried or salted fish market decreased by -X% to $X, falling for the seventh year in a row after three years of growth. In general, consumption saw a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Dried Or Salted Fish in Belarus

In value terms, dried or salted fish production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Dried Or Salted Fish

Exports from Belarus

In 2021, exports of dried or salted fish from Belarus surged to X tons, jumping by X% on 2020 figures. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried or salted fish exports soared to $X in 2021. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for dried or salted fish exports from Belarus, accounting for a X% share of total exports. Moreover, dried or salted fish exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), threefold.

From 2012 to 2020, the average annual growth rate of volume to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Turkmenistan (+X% per year).

In value terms, Russia ($X) remains the key foreign market for dried or salted fish exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Turkmenistan (-X% per year).

Export Prices by Country

In 2020, the average dried or salted fish export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2020, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-X%), while the prices for the other major destinations experienced a decline.

Imports of Dried Or Salted Fish

Imports into Belarus

For the third consecutive year, Belarus recorded decline in supplies from abroad of dried or salted fish, which decreased by -X% to X tons in 2021. Over the period under review, imports recorded a slight decrease. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, dried or salted fish imports fell sharply to $X in 2021. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2020, Russia (X tons) was the main supplier of dried or salted fish to Belarus, accounting for a X% share of total imports. It was followed by Vietnam (X tons), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and China (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of dried or salted fish to Belarus, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Russia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Vietnam (-X% per year).

Import Prices by Country

The average dried or salted fish import price stood at $X per ton in 2020, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform