Belarus: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Belarus

The Belarusian seafood meals and pellets market reached $X in 2022, picking up by X% against the previous year. In general, consumption, however, continues to indicate a mild setback. Seafood meals and pellets consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Belarus

In value terms, seafood meals and pellets production rose markedly to $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from Belarus

In 2022, overseas shipments of flours, meals and pellets of fish or of crustaceans and molluscs decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, seafood meals and pellets exports soared to $X in 2022. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons) was the main destination for seafood meals and pellets exports from Belarus, accounting for a X% share of total exports. Moreover, seafood meals and pellets exports to Estonia exceeded the volume sent to the second major destination, Russia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia totaled X%.

In value terms, Estonia ($X) remains the key foreign market for flours, meals and pellets of fish or of crustaceans and molluscs exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Estonia stood at X%.

Export Prices by Country

In 2022, the average seafood meals and pellets export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into Belarus

In 2022, purchases abroad of flours, meals and pellets of fish or of crustaceans and molluscs decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, seafood meals and pellets imports dropped rapidly to $X in 2022. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Mauritania (X tons), Russia (X tons) and Kazakhstan (X tons) were the main suppliers of seafood meals and pellets imports to Belarus, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest seafood meals and pellets suppliers to Belarus were Mauritania ($X), Russia ($X) and Kazakhstan ($X).

In terms of the main suppliers, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average seafood meals and pellets import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Mauritania ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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