Central Asia: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Central Asia

In 2023, the Central Asian dried or smoked fish market decreased by X% to $X, falling for the third year in a row after five years of growth. Overall, consumption, however, posted strong growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Production of Dried Or Smoked Fish in Central Asia

In value terms, dried or smoked fish production fell to $X in 2023 estimated in export price. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Dried Or Smoked Fish

Exports in Central Asia

In 2023, approx. X tons of dried or smoked fish were exported in Central Asia; picking up by X% on 2022 figures. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, dried or smoked fish exports plummeted to $X in 2023. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then declined markedly in the following year.

Exports by Country

The shipments of the one major exporters of dried or smoked fish, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the dried or smoked fish exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest dried or smoked fish supplier in Central Asia.

In Kazakhstan, dried or smoked fish exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2023, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Imports of Dried Or Smoked Fish

Imports in Central Asia

Dried or smoked fish imports surged to X tons in 2023, with an increase of X% against the previous year. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The volume of import peaked at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, dried or smoked fish imports soared to $X in 2023. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Kazakhstan (X tons) was the main importer of dried or smoked fish, committing X% of total imports. Uzbekistan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (X%) and Turkmenistan (X%). The following importers - Mongolia (X tons) and Tajikistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to dried or smoked fish imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%), Mongolia (X%), Kyrgyzstan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2023. By contrast, Turkmenistan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.), Uzbekistan (X p.p.), Kyrgyzstan (X p.p.) and Mongolia (X p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported dried or smoked fish in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, dried or smoked fish import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices attained the maximum in 2023 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform