Central Asia: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Central Asia

In 2020, the Central Asian frozen salmonoids market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption recorded prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2020.

Frozen Salmonoids Production in Central Asia

In value terms, frozen salmonoids production soared to $X in 2019 estimated in export prices. In general, production posted a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Production By Country in Central Asia

The country with the largest volume of frozen salmonoids production was Kazakhstan (X tons), comprising approx. X% of total volume.

In Kazakhstan, frozen salmonoids production expanded at an average annual rate of +X% over the period from 2016-2019.

Frozen Salmonoids Exports

Exports in Central Asia

In 2020, approx. X tons of frozen salmonoids were exported in Central Asia; falling by -X% against 2019. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2019, and then contracted sharply in the following year.

In value terms, frozen salmonoids exports dropped markedly to $X in 2020. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2019, and then dropped notably in the following year.

Exports by Country

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

Kazakhstan was also the fastest-growing in terms of the frozen salmonoids 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 salmonoids supplier in Central Asia.

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

Export Prices by Country

In 2020, the frozen salmonoids export price in Central Asia amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs 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 Salmonoids Imports

Imports in Central Asia

In 2020, supplies from abroad of frozen salmonoids increased by X% to X tons, rising for the fourth year in a row after three years of decline. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is likely to see gradual growth in the near future.

In value terms, frozen salmonoids imports totaled $X in 2020. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Kyrgyzstan was the largest importer of frozen salmonoids in Central Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2020. It was distantly followed by Kazakhstan (X tons), creating a X% share of total imports. Mongolia (X tons) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the frozen salmonoids imports, with a CAGR of +X% from 2007 to 2020. At the same time, Mongolia (+X%) displayed positive paces of growth. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of 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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Kyrgyzstan, frozen salmonoids imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Mongolia (+X% per year).

Import Prices by Country

In 2020, the frozen salmonoids import price in Central Asia amounted to $X per ton, dropping by -X% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. The level of import peaked at $X per ton in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

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