CIS: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in CIS

In 2019, the CIS market for dried cod, whether or not salted increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption, however, saw a mild slump. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Production of Dried Cod, Whether Or Not Salted in CIS

In value terms, production of dried cod, whether or not salted amounted to $X in 2019 estimated in export prices. In general, production recorded a mild decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Production By Country in CIS

Russia (X tons) remains the largest dried cod, whether or not salted producing country in the CIS, comprising approx. X% of total volume. Moreover, production of dried cod, whether or not salted in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold. The third position in this ranking was occupied by Uzbekistan (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Russia totaled -X%. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Uzbekistan (-X% per year).

Exports of Dried Cod, Whether Or Not Salted

Exports in CIS

For the third consecutive year, the CIS recorded decline in shipments abroad of dried cod, whether or not salted, which decreased by -X% to X tons in 2019. Over the period under review, exports saw a noticeable decline. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, exports of dried cod, whether or not salted contracted dramatically to $X in 2019. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Russia (X tons), together recording X% of total export.

Russia was also the fastest-growing in terms of the dried cod, whether or not salted exports, with a CAGR of -X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest dried cod, whether or not salted supplier in the CIS.

In Russia, exports of dried cod, whether or not salted contracted by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the export price for dried cod, whether or not salted in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The level of export peaked at $X per ton in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Russia amounted to +X% per year.

Imports of Dried Cod, Whether Or Not Salted

Imports in CIS

In 2019, the amount of dried cod, whether or not salted imported in the CIS fell sharply to X tons, shrinking by -X% compared with the previous year's figure. Overall, imports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

In value terms, imports of dried cod, whether or not salted declined notably to $X in 2019. In general, imports, however, recorded modest growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Belarus (X tons) was the main importer of dried cod, whether or not salted, creating X% of total imports. It was distantly followed by Russia (X tons) and Kazakhstan (X tons), together constituting a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kazakhstan (+X% per year), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Belarus ($X) constitutes the largest market for imported dried cod, whether or not salted in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports.

In Belarus, imports of dried cod, whether or not salted expanded at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-X% per year) and Kazakhstan (+X% per year).

Import Prices by Country

The import price for dried cod, whether or not salted in the CIS stood at $X per ton in 2019, rising by X% against the previous year. Overall, the import price, however, showed a noticeable setback. Over the period under review, import prices attained the maximum at $X per ton in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :