CIS: Frozen Cuttlefishes Market 2024

Frozen Cuttlefishes Market Size in CIS

The CIS frozen cuttlefishes market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate prominent growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Frozen Cuttlefishes Production in CIS

In value terms, frozen cuttlefishes production expanded modestly to $X in 2022 estimated in export price. The total production indicated a moderate expansion 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 decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Frozen Cuttlefishes Exports

Exports in CIS

For the third consecutive year, the CIS recorded decline in overseas shipments of frozen cuttlefishes, which decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen cuttlefishes exports reduced notably to $X in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belarus (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen cuttlefishes exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

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

Frozen Cuttlefishes Imports

Imports in CIS

In 2022, overseas purchases of frozen cuttlefishes increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports saw a tangible expansion. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, frozen cuttlefishes imports soared to $X in 2022. In general, imports saw a measured increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, recording X tons, which was near X% of total imports in 2022. Moldova (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen cuttlefishes imports into Russia stood at X%. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Russia amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :