Eastern Europe: Market for Dried Or Smoked Fish 2024

Market Size for Dried Or Smoked Fish in Eastern Europe

In 2023, the East European dried or smoked fish market was finally on the rise to reach $X for the first time since 2020, thus ending a two-year declining trend. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Dried Or Smoked Fish in Eastern Europe

In value terms, dried or smoked fish production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Dried Or Smoked Fish

Exports in Eastern Europe

In 2023, approx. X tons of dried or smoked fish were exported in Eastern Europe; which is down by X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, dried or smoked fish exports expanded to $X in 2023. Total exports indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Exports by Country

In 2023, Poland (X tons) represented the main exporter of dried or smoked fish, constituting X% of total exports. Belarus (X tons) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%) and Russia (X%). Latvia (X tons) took a relatively small share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Lithuania and Russia experienced a relatively flat trend pattern. By contrast, Latvia (X%) illustrated a downward trend over the same period. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Latvia, Lithuania and Russia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest dried or smoked fish supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

In Poland, dried or smoked fish exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Lithuania (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports in Eastern Europe

Dried or smoked fish imports surged to X tons in 2023, growing by X% against the previous year. Total imports indicated a pronounced increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, dried or smoked fish imports surged to $X in 2023. Total imports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Russia (X tons) was the largest importer of dried or smoked fish, mixing up X% of total imports. Ukraine (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%), the Czech Republic (X%), Lithuania (X%) and Poland (X%). The following importers - Slovakia (X tons), Belarus (X tons) and Latvia (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to dried or smoked fish imports into Russia stood at X%. At the same time, Ukraine (X%), the Czech Republic (X%), Romania (X%), Belarus (X%), Slovakia (X%), Poland (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Latvia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ukraine and Russia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dried or smoked fish in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Romania (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform