CIS: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in CIS

For the third year in a row, the CIS frozen catfish fillets market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Frozen Catfish Fillets Production in CIS

In value terms, frozen catfish fillets production declined significantly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2016 to 2020, production growth failed to regain the momentum.

Production By Country in CIS

Russia (X tons) remains the largest frozen catfish fillets producing country in the CIS, comprising approx. X% of total volume. It was followed by Moldova (X tons), with a X% share of total production.

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

Frozen Catfish Fillets Exports

Exports in CIS

In 2020, the amount of frozen catfish fillets exported in the CIS surged to X tons, rising by X% compared with the previous year. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, frozen catfish fillets exports declined significantly to $X in 2020. Overall, exports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2017 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Russia prevails in frozen catfish fillets exports structure, finishing at X tons, which was near X% of total exports in 2020. It was distantly followed by Kazakhstan (X tons), committing a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of frozen catfish fillets. Kazakhstan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Russia increased by +X% percentage points, while Kazakhstan (-X p.p.) saw their share reduced.

In value terms, Russia ($X) remains the largest frozen catfish fillets supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

In Russia, frozen catfish fillets exports declined by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the frozen catfish fillets export price in the CIS amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2016 to 2020, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan.

Frozen Catfish Fillets Imports

Imports in CIS

After three years of decline, supplies from abroad of frozen catfish fillets increased by X% to X tons in 2020. Overall, imports, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, frozen catfish fillets imports reduced slightly to $X in 2020. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Russia (X tons) represented the major importer of frozen catfish fillets, achieving X% of total imports. It was distantly followed by Kazakhstan (X tons), committing a X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the frozen catfish fillets imports, with a CAGR of -X% from 2007 to 2020. Kazakhstan (-X%) and Belarus (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Belarus (-X p.p.) and Kazakhstan (-X p.p.) displayed negative dynamics.

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

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

Import Prices by Country

The frozen catfish fillets import price in the CIS stood at $X per ton in 2020, falling by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The level of import peaked at $X per ton in 2019, and then contracted remarkably in the following year.

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