Central Asia: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Central Asia

In 2022, the Central Asian inedible fish products market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Inedible Fish Products Production in Central Asia

In value terms, inedible fish products production totaled $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Inedible Fish Products Exports

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of inedible fish products, when their volume decreased by X% to X tons. Overall, exports, however, showed a strong increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, inedible fish products exports amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Uzbekistan was the major exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Kazakhstan (X tons), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%).

In value terms, Uzbekistan ($X) remains the largest inedible fish products supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan amounted to X%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Inedible Fish Products Imports

Imports in Central Asia

In 2022, after three years of growth, there was significant decline in purchases abroad of inedible fish products, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, inedible fish products imports fell markedly to $X in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Kazakhstan (X tons) represented the largest importer of inedible fish products, mixing up X% of total imports. It was distantly followed by Uzbekistan (X tons) and Kyrgyzstan (X tons), together generating a X% share of total imports. Tajikistan (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to inedible fish products imports into Kazakhstan stood at X%. At the same time, Uzbekistan (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 2012-2022. Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Kyrgyzstan ($X), Uzbekistan ($X) and Kazakhstan ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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