Eastern Europe: Fresh Fish Fillet Market 2024

Fresh Fish Fillet Market Size in Eastern Europe

The East European fresh fish fillet market totaled $X in 2023, almost unchanged from the previous year. Over the period under review, consumption, however, showed a prominent expansion. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Fresh Fish Fillet Production in Eastern Europe

In value terms, fresh fish fillet production stood at $X in 2023 estimated in export price. In general, production continues to indicate a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Fresh Fish Fillet Exports

Exports in Eastern Europe

In 2023, the amount of fresh or chilled fish fillets exported in Eastern Europe rose remarkably to X tons, growing by X% on 2022. Overall, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, fresh fish fillet exports surged to $X in 2023. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the immediate term.

Exports by Country

Poland was the largest exporting country with an export of around X tons, which accounted for X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with an X% share, followed by Lithuania (X%). Latvia (X tons), Estonia (X tons) and Russia (X tons) held a little share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, the Czech Republic (X%), Latvia (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia and Estonia experienced a relatively flat trend pattern. While the share of Poland (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Russia (X p.p.) and Estonia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest fresh fish fillet supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, fresh fish fillet exports expanded 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: the Czech Republic (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. Export price indicated a prominent increase from 2012 to 2023: its price 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, fresh fish fillet export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is likely to see gradual growth in the near future.

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

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

Fresh Fish Fillet Imports

Imports in Eastern Europe

In 2023, supplies from abroad of fresh or chilled fish fillets decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then declined slightly in the following year.

In value terms, fresh fish fillet imports reached $X in 2023. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Poland represented the major importer of fresh or chilled fish fillets in Eastern Europe, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Czech Republic (X tons), mixing up a X% share of total imports. Romania (X tons), Latvia (X tons), Slovakia (X tons), Lithuania (X tons), Bulgaria (X tons), Estonia (X tons), Hungary (X tons) and Russia (X tons) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to fresh fish fillet imports into Poland stood at X%. At the same time, the Czech Republic (X%), Latvia (X%), Lithuania (X%), Romania (X%), Slovakia (X%), Estonia (X%), Hungary (X%) and Bulgaria (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 2012-2023. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Latvia (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Russia (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, Poland ($X), the Czech Republic ($X) and Romania ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of 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 2023, rising by X% against the previous year. Import price indicated a buoyant expansion from 2012 to 2023: its price 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, fresh fish fillet import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform