Central Asia: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in Central Asia

After two years of growth, the Central Asian frozen catfish fillets market decreased by -X% to $X in 2020. Overall, consumption, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Frozen Catfish Fillets Production in Central Asia

In value terms, frozen catfish fillets production fell notably to $X in 2020 estimated in export prices. Overall, production posted moderate growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2019, and then declined significantly in the following year.

Production By Country in Central Asia

Turkmenistan (X tons) constituted the country with the largest volume of frozen catfish fillets production, comprising approx. X% of total volume.

In Turkmenistan, frozen catfish fillets production increased at an average annual rate of +X% over the period from 2007-2020.

Frozen Catfish Fillets Exports

Exports in Central Asia

In 2020, shipments abroad of frozen catfish fillets increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen catfish fillets exports soared to $X in 2020. In general, exports, however, saw a perceptible downturn. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Kazakhstan (X tons) represented roughly X% of total exports of frozen catfish fillets in 2020.

Kazakhstan was also the fastest-growing in terms of the frozen catfish fillets exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest frozen catfish fillets supplier in Central Asia.

From 2007 to 2020, the average annual growth rate of value in Kazakhstan totaled -X%.

Export Prices by Country

The frozen catfish fillets export price in Central Asia stood at $X per ton in 2020, declining by -X% against the previous year. Overall, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Kazakhstan amounted to +X% per year.

Frozen Catfish Fillets Imports

Imports in Central Asia

After two years of growth, supplies from abroad of frozen catfish fillets decreased by -X% to X tons in 2020. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen catfish fillets imports totaled $X in 2020. In general, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

Kazakhstan prevails in frozen catfish fillets imports structure, resulting at X tons, which was approx. X% of total imports in 2020. It was distantly followed by Uzbekistan (X tons), generating a X% share of total imports. Kyrgyzstan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. By contrast, Uzbekistan (-X%) illustrated a downward trend over the same period. While the share of Uzbekistan (+X p.p.) and Kyrgyzstan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported frozen catfish fillets in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value in Kazakhstan stood at -X%. In the other countries, the average annual rates were as follows: Uzbekistan (-X% per year) and Kyrgyzstan (+X% per year).

Import Prices by Country

In 2020, the frozen catfish fillets import price in Central Asia amounted to $X per ton, flattening at the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2011 when the import price increased by X% year-to-year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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