Eastern Europe: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Eastern Europe

The East European seafood meals and pellets market shrank to $X in 2022, waning by X% against the previous year. Overall, consumption showed a perceptible decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in Eastern Europe

In value terms, seafood meals and pellets production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports in Eastern Europe

In 2022, the amount of flours, meals and pellets of fish or of crustaceans and molluscs exported in Eastern Europe skyrocketed to X tons, increasing by X% on 2021. Overall, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, seafood meals and pellets exports skyrocketed to $X in 2022. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Poland (X tons) and Latvia (X tons), together making up a X% share of total exports. Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to seafood meals and pellets exports from Russia stood at X%. At the same time, Estonia (X%), Latvia (X%) and Poland (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Latvia (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest seafood meals and pellets supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Latvia, with an X% share.

In Russia, seafood meals and pellets exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then fell markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports in Eastern Europe

In 2022, supplies from abroad of flours, meals and pellets of fish or of crustaceans and molluscs increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, seafood meals and pellets imports amounted to $X in 2022. In general, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Poland was the major importer of flours, meals and pellets of fish or of crustaceans and molluscs in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. The Czech Republic (X tons) ranks second in terms of the total imports with a X% share, followed by Lithuania (X%), Romania (X%), Ukraine (X%) and Latvia (X%). The following importers - Hungary (X tons) and Russia (X tons) - together made up X% of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Romania (X%) and Latvia (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Lithuania experienced a relatively flat trend pattern. By contrast, Hungary (X%), Ukraine (X%) and Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.), the Czech Republic (X p.p.), Romania (X p.p.), Latvia (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest seafood meals and pellets importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Lithuania ($X), together comprising X% of total imports.

Among the main importing countries, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a 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 the Czech Republic ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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