CIS: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in CIS

In 2022, the CIS inedible fish products market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption showed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Inedible Fish Products Production in CIS

In value terms, inedible fish products production reached $X in 2022 estimated in export price. The total production indicated a slight increase 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 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Inedible Fish Products Exports

Exports in CIS

In 2022, the amount of inedible fish products exported in the CIS amounted to X tons, picking up by X% on the previous year's figure. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, inedible fish products exports soared to $X in 2022. Over the period under review, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Russia (X tons) was the major exporter of inedible fish products, committing X% of total exports. Uzbekistan (X tons) took the second position in the ranking, followed by Belarus (X tons) and Kazakhstan (X tons). All these countries together held near X% share of total exports.

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

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

In Russia, inedible fish products exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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

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

Inedible Fish Products Imports

Imports in CIS

In 2022, inedible fish products imports in the CIS skyrocketed to X tons, with an increase of X% compared with the previous year's figure. In general, imports showed a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, inedible fish products imports reduced to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

Belarus represented the major importer of inedible fish products in the CIS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Russia (X tons), generating a X% share of total imports. Armenia (X tons) took a minor share of total imports.

Imports into Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%) and Russia (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belarus and Armenia increased by X and X percentage points, respectively.

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

In Russia, inedible fish products imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Armenia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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